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It’s a start-up world

Although most businesses fail in their first year, it is quite incredible just how many start-ups there are around the world doing something interesting with technology. According to Embroker: In 2016, 69% of U.S. entrepreneurs started their business at home. In 2018, there were 145 “active …

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Things worth reading: 24th January 2020

Things we’re reading today include … Executive at Portuguese bank co-owned by Isabel dos Santos is found dead JPMorgan board raises CEO Dimon’s pay to $31.5 million Andrew Bailey to be quizzed on regulator’s role in LC&F scandal John Stumpf: Ex-Wells Fargo boss pays $17.5m …

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Things worth reading: 22nd January 2020

Things we’re reading today include … Boss of RBS start-up bank Bó quits, plunging its future into chaos NAB faces class action lawsuit for delaying moving $6.3bn of super to low-fee accounts Bank executive accuses HSBC of tolerating “culture of sexism” Vodafone quits Facebook’s Libra …

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Things worth reading: 21st January 2020

Things we’re reading today include … Monzo problems: bank ‘freezing accounts for no apparent reason’ Greenpeace hits out at Davos banks for $1.4tn climate hypocrisy Deutsche Bank’s guide to the worst banking jobs at the start of 2020 Bank cyberattack could hit whole financial system …

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Things worth reading: 20th January 2020

Things we’re reading today include … Monzo bank ‘freezing accounts for no apparent reason’ JPMorgan to buy Paris building to bring euro teams from London CEO says Bank of America aims to ‘double’ its U.S. consumer market share: FT FCA blindsided by investment fund suspensions  …

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European payments on gas

Just before Christmas I heard of a new European payments initiative called PEPSI, short for Pan European Payment System Initiative. Nice acronym although I prefer Coca-Cola, the Co-ordinated Car Co-operative Association. Or something like that. Anyways, whichever Cola you prefer, this new initiative is interesting. …

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Things worth reading: 17th January 2020

Things we’re reading today include … Why Goldman Sachs is playing catch-up with JPMorgan BlackRock says it wants to do more for the climate Former Barclays boss accused of ‘funnelling funds’ to Qatar Economists explore the consequences of steering technological progress Santander heir gets £44m …

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Things worth reading: 16th January 2020

Things we’re reading today include … Spain’s Banco Sabadell hires IBM for 1 billion euro IT upgrade The fallacy behind passive fund management Chinese financial institutions can cope with foreign competition: central bank Goldman profits slump on 1MDB legal woes US says ‘flash crash’ trader …

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Bye-bye FinTech

I just spent time with a bank talking about Doing Digital. The host had read a preview copy of my new book and was asking a few questions about it. What had surprised me the most in my talks with five banks? What lesson was …

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Things worth reading: 15th January 2020

Things we’re reading today include … JPMorgan: built to scale Citigroup beats estimates on credit card, trading revenue growth Santander latest bank to set 40% overdraft rate ECB should be more open and democratic under Christine Lagarde | Barry Eichengreen TSB to invest £120m in …

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Things worth reading: 10th January 2020

Things we’re reading today include … Indigenous man and girl handcuffed for opening bank account Singapore receives 21 applications for five digital bank licences Customers threaten to leave Tandem Bank after announcement of new £6 monthly charge Goldman Sachs answers investor demands on consumer bank …

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Things worth reading: 8th January 2020

Things we’re reading today include … Barclays £322m Qatar deal ‘could be seen as way to hide payments’ Ignoring climate risk costs more than tackling it Former Goldman banker pleads guilty to insider trading Bitcoin: Should cryptocurrency owners make a will? Travelex customers ‘thousands of …

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