Things worth reading: 14th October 2016

Things we’re reading today include …

• London or New York? Why Brexit has shaken up the banking rivalry
• Wells Fargo complaints show flaws in federal whistleblower program
• Deutsche says wealth management outflows not significant
• China tops US in numbers of billionaires
• Wells Fargo’s new CEO faces immediate test
• Retailers and issuers are still battling over payment –card fees
• Theresa May’s policies have ‘echoes of the 1970s’, says former Bank of England deputy Governor
• Stop moaning and back ‘global Britain’, urge City heavyweights
• Challenger broker buys TD Direct Investing

This weeks Economist:

• Hide and seek
• Stumpfed
• Why sterling suffered a “flash crash”