Home / Blog Index / The Finanser’s Week: 22nd October – 28th October 2018

The Finanser’s Week: 22nd October – 28th October 2018

The main blog headlines are …

Technosocialism? As if …

Someone told me I should start a travel blog, as I fly more than most pigeons do. True. But I’m not sure my travel blog would be read so much. However, it does make me reflect on travel and money. Some countries are still reliant …

Is the world being democratised through technology?

Someone told me I should start a travel blog, as I fly more than most pigeons do. True. But I’m not sure my travel blog would be read so much. However, it does make me reflect on travel and money. Some countries are still reliant …

It’s banking Jim, but not as we know it

It is interesting how the FinTech world has developed over the past decade. My first memory of any company that would fit the FinTech world stems way back to March 30, 2005. On that memorable evening, one of the funders of a technology start-up talked …

#Money2020 USA: reaching FinTech 3.0

I enjoyed chairing a half day stream at #Money2020 in Las Vegas focused upon breaking news and views. It actually turned out to be more around how banks are partnering with start-ups, with several sessions discussing how the partnership started and how it worked. The …

Ring out the old, ring in the new

Like many of us, I have several pet hates about banks. My main one is when they sting you with charges you don’t expect. I always remember getting a £50 charge for an unauthorised overdraft a few years ago. I’d been with the bank for …

 

This week’s top news headlines are …

NatWest finds extra £2bn for firms preparing for Brexit – The Telegraph

Metro Bank profits soar on rapid expansion – The Telegraph

Bramson’s Barclays test, the future of CYBG and US online banking – Financial Times

Bank of England in the spotlight again over ‘staggeringly high’ expenses – The Independent

Bank of England governor Mark Carney and two of his closest advisers claimed more than £100,000 on travel costs in just three months, figures have revealed. It comes just four months after the Bank was criticised by MPs over its “staggering” expenses for senior staff.

Bank CEO says the European financial system is not in good shape yet – CNBC

European banks that are focused on one specific market or have limited cross-border activities will likely fare better than those that don’t, the CEO of Austrian banking group Erste told CNBC Monday.

UK peer-to-peer lender asks regulator for help – Financial Times

Lendy appeals to FCA after major borrower threatens to sue it and its investors for £10m

Nobel scientists make Brexit plea for free movement and funding – The Telegraph

Global banks curb China travel after UBS banker stopped from leaving – Reuters

Global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a UBS banker from leaving the country, sources said.

Lloyd’s warns of  ‘crippling’ insurance crisis leaving emerging economies vulnerable – The Telegraph

Italian bank fears expected to grow after debt downgrade – The Guardian

Pressure on reserves could trigger crisis as government official issues warning Fears that Italy’s banks face a black hole in their finances are expected to grow this week following a debt downgrade that could send the value of bank reserves plummeting. Despite efforts to shore up Italian banks’ reserves, a

 

About 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...

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