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Things worth reading: 8th May 2017

Things we’re reading today include … Is your money safe? Why are analysts so bullish on Lloyds Banking Group plc? Australia to hold new inquiry into ‘Big Four’ banks Goldman Sachs wins largest concessions on Volcker rule Upstart challenger banks eye consolidation Debit card control lets you ‘turn off’ card …

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Things worth reading: 2nd May 2017

Things we’re reading today include … Trump is considering new Glass-Steagall-style bank rules Former Wells Fargo CEO says breaking up big banks would be a mistake JPMorgan’s Dimon says biggest fear is bad public policy Infosys plans to hire 10,000 U.S. workers after Trump targets outsourcing firms RBS lawsuit set …

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Things worth reading: 6th April 2017

Things we’re reading today include … Monzo, a UK digital-only challenger bank, granted full banking license China’s Army of Bank Tellers Retreats China curbs ‘Wild West’ P2P loan sector London and Brussels urged to agree Brexit transition deal to protect banks Banks and building societies snub Lifetime Isa launch U.S. …

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Sweden going cashless

For as long as I can remember, I’ve been hearing about a War on Cash.  The war, as illustrated by India’s recent demonetization, is not on cash itself but on the illegal use of cash and, by association, the fraudulent creation of cash.  Both fraudulent notes and coins along with …

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The complete low-down on Britain’s new £1 coin

Britain has a new £1 coin.  It comes into circulation today and replaces the old coin, which was originally launched in 1983, making it one of the oldest coins still in circulation.  The old coin gets phased out in October (and will no longer be legal tender) which means that, during …

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London: still the #1 Global Financial Centre

Today Z/Yen, a London-based research and consultancy firm, publishes the twenty-first Global Financial Centres Index (GFCI 21) in collaboration with the China Development Institute (CDI). The GFCI rates 88 financial centres and finds the top ten are: London New York Singapore Hong Kong Tokyo San Francisco Chicago Sydney Boston Toronto Updated …

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