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
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...