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Things worth reading: 2nd December 2016

Things we’re reading today include … UBS picks Frankfurt over London for wealth management business Referendum adds to Italian banks’ woes Insurers grapple with cyber-attacks that spill over into physical damage Smart money? Revising bank-capital standards Singapore to ban ex-Goldman banker amid 1MDB probe Rule …

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Things worth reading: 1st December 2016

Things we’re reading today include … Banking app targets budgeting millennials Former Barclays banker hearings adjourned Logica pair plead guilty to insider dealing RBS fails toughest Bank of England stress test as Barclays and Standard Chartered struggle Bank of England yields to vegan pressure over …

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A Banking Carol

scrooge

It was almost December 25, Christmas, and Jimmy Diamond was a happy man for a change. Just this week his bank had opened 100,000 new customer accounts (even though only 25,000 people had visited the bank); they had managed to sneak an extra 1% onto …

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R3 in bumpy waters

Chain

An interesting week as R3 goes through restructuring.   Santander and Goldman Sachs leave and the Monetary Authority of Singapore, a regulator, join.  Interesting. Since R3 arrived on the scene in 2014, it has been a train of technology.  The consortium started on September 15, 2015 …

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Too many banks

amadues

I’m losing track of the number of new banks that have announced they are launching in Britain.  I say there’s 40, but there appears to be a new one every day.  The latest one is Zopa, the P2P lender, who are branching out … not …

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