Things we're reading today include ...
HSBC break-up:
- HSBC to shed up to 50,000 jobs, slash investment bank
- HSBC to shed 50,000 jobs in quest for higher payouts
- HSBC to cut 8,000 jobs in the UK
- Job cuts overshadow HSBC’s push into Asia
- HSBC has a new plan. Will it work?
- HSBC Q&A: The rationale behind the bank's restructuring
- Has HSBC already decided to leave the UK?
- George Osborne backs bank levy despite HSBC's threat to leave Britain
And, in other news:
- Ex-NYSE head backs blockchain start-up
- LatAm: more bank accounts, little used
- Nothing says 'Anarchy In The UK' like the Sex Pistols on a Virgin Money credit card
- China's rebalancing act will require major reform of the banking system
- Iceland: The economy that came in from the cold?
- Most Apple Pay payments 'capped'
- Barclays wins case over loans to lawyers
- Bank of Japan's Sato warns of diminishing returns from monetary easing program
- Britain's £100bn-a-year money-laundering problem: out of 14,000 tip-offs, police acted forcefully on seven
ReadingCategories
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
