Things we're reading today include ...
- Moody's downgrades China for first time since 1989 as it warns financial strength will erode as debt mounts
- Google plans to track credit card spending
- Funding Circle wins approval from regulator in peer-to-peer boost
- Potential settlement in RBS £12bn rights issue trial hit by further delays as lawyers can't locate claimants
- Not just Bitcoin...
- China tech emerges as the global hotspot for VC capital
- OnDeck under pressure to make bigger cuts to cost base
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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...