Banking Security Shock (US): A bomb threat triggered a hostage standoff at a downtown Chase Bank in Bakersfield, California, with SWAT, bomb squads and the FBI on scene; police say two hostages were released after negotiations and the rest were in good health, while JPMorgan Chase said its ground-floor branch was empty and it’s coordinating with law enforcement. US Financial System & Immigration: President Trump signed an executive order aimed at blocking undocumented migrants from using the U.S. financial system, directing the Treasury to stop banks and payment providers from facilitating illegal immigration and related crimes. Retirement Rules Under Fire (US): Michigan AG Dana Nessel joined a coalition opposing a U.S. Department of Labor proposal that would steer more retirement assets into riskier alternatives like crypto and private credit. India Banking Scrutiny: IndusInd Bank faces fresh pressure after a whistleblower complaint alleges insider trading and governance issues tied to a prior derivatives accounting discrepancy. China Liquidity Move: China’s central bank injected 50 billion yuan via treasury bond operations in May, keeping monthly open-market activity in a relatively modest 40–50 billion yuan range. Crypto Risk-Off: Bitcoin slid about 6% to near $66,000 as ETF outflows picked up, with broader liquidations reported around $1.5 billion. Market/Investment Themes: Morgan Stanley says global investors are favoring AI leaders over India next year, while Bank of Baroda warns India retail inflation could hit 5% by FY2027.