Bloomberg wrote the other day that “consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash hoard that creates the potential for a powerful recovery from the pandemic recession”. I was pretty riled about this paragraph and headline, as it’s a total mis-hit …

Things we’re reading today include … UK’s economic recovery may be quicker than forecast – Bank of England Problems mount for Bank of England governor after weathering Covid storm Bank of England governor Andrew Bailey defends himself over scandal Why the Reserve Bank and the federal government don’t see eye …

I’d just written my two pieces last week about non fungible tokens (NFTs) … WTF is an NFT? NFTs show why banks must focus upon digital asset management … when I spotted a fellow blogger and colleague who I respect, Sebastien Meunier, had written about them too. In Sebastien’s case, …

Things we’re reading today include … How Do You Take 1.3 Billion People to the Bank? Bank governor under fire for role in RBS scandal Interview: Patrick Collison, co-founder and CEO of Stripe HSBC taps Google Cloud for call centre AI Top Four Digital Trends for the Next Five Years …

The main blogs of this week were: WTF is an NFT? Watching the mainstream news show the other day, it finished with an item about NFTs, non-fungible tokens. It’s not the sort of thing that I would have expected most pensioners sitting having their night-time cup of cocoa watching the …

A lot of our history in the future will be digital Our future is digital. Just as we look back today and enjoy our physical inheritances of books, music and art, we will look back tomorrow at our digital inheritances of books, music and art. The only difference is today …

Things we’re reading today include … Atom Bank valuation halves as it finalises £40m fundraising European Central Bank to Step Up Stimulus to Keep Borrowing Costs Low China’s government is cracking down on fintech Suspense builds on Wall Street over expiring Covid relief for big banks Bank of America believes …

Watching the mainstream news show the other day, it finished with an item about NFTs, non-fungible tokens. It’s not the sort of thing that I would have expected most pensioners sitting having their night-time cup of cocoa watching the news would expect to see or hear about, but hey, I’m …

Things we’re reading today include … A digital euro won’t be “kryptonite for crypto” Deutsche Bank Rising Trader Bonuses Anger Lesser-Paid Staff Big U.S. Banks May Curb Lending to Fossil Fuel Companies SoFi Is Buying a Community Lender to Speed Up Banking Expansion Cheese raises $3.6m for its digital bank …

I’ve noticed that Wal*Mart has recently been hiring bankers. Goldman Sachs’ bankers to be exact. Goldman Sachs Marcus’s bankers to be more specific. Bloomberg Omer Ismail, the head of Goldman’s consumer bank [Marcus], is making a surprise exit to the fintech, according to people with knowledge of the matter. The …

Things we’re reading today include … Bank reveals the scams causing biggest total customer losses during pandemic Less regulation means more business for the City, right? It’s not that simple | Dan Davies UK overseas territories top list of world’s leading tax havens Money launderers ‘prey on generation Covid’ Barclays …

Salesforce released their research report, Trends in Financial Services, near the end of last year. I had the chance to sit down with Rohit Mahna, Senior Vice President of Industries Advisors for Salesforce, to discuss the report and the shifts happening right now in the industry. Hi Rohit. Can you …

Things we’re reading today include … Starling raises $376m, now valued at $1.9bn European Banking Authority hit by Microsoft Exchange hack M&S Bank to close all current accounts ECB quizzes banks over exposure to Greensill and Gupta Bank of England governor sees light at the end of the tunnel Hackers …

Today is International Women’s Day and I blogged for a week about diversity and the inclusion of women last summer. Since then, I’ve noticed a lot of headlines about women in banking. Typically, the headline is something like Female banker emerges as possible successor to Goldman Sachs CEO, The New York …

Things we’re reading today include … Tech giants replace banks as the number one tax enemy Starling Bank swoops in £270m share sale to global investors M&S Bank to shut all current accounts and in-store branches Revolut banks on banking, launches as a bank in ten EU countries UK edges …