Things we’re reading today include …
- The history of private bank notes in 1800s may hint at the future for stablecoins: Not a good one, says Goldman Sachs
- Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
- Australian banks enter tech arms race as rising rates squeeze profit
- Deutsche Bank looks to escape a decade of scandal and strife
- Recession fears have investors hoarding the most cash since 9/11, Bank of America reveals
- UK cloud banking fintech Thought Machine doubles valuation to $2.7bn
- RBI says six applicants found not suitable for bank permits