Things we’re reading today include … Central bank sanctions strike at the foundations of Russia’s economy Russian firms rush to open Chinese bank accounts as sanctions bite Ukraine’s banking system remains resilient despite war, says central bank governor Bank of England’s new logo features ‘nervous’ Britannia and no English flag Bank of England goes ‘woke’…
Things we’re reading today include … Supporting the people of Ukraine: Here are all the fintech initiatives to help Russian banking liquidity shortage widens to 7 trillion roubles, central bank says The Bank Of Russia Is Desperately Trying To Prevent A Run On Banks JPMorgan Is The First Major Bank To Join The Metaverse –…
Things we’re reading today include … Russian banking system ‘on the brink’ as Putin bans cash exports exceeding $10,000 Mastercard and Visa cut off Russian banks from their networks Could Putin be exploring cryptocurrencies to bypass western sanctions? Europe’s fintech finest are fleeing to crypto. Why? Is it time to worry about fintech valuations? More…
Things we’re reading today include … China’s fintech ecosystem is the world’s largest, but will Beijing’s tech crackdowns affect the landscape? Russia’s central bank doubles interest rates and closes stock market as rouble plunges Rouble-crypto trading soars as sanctions hit Russian currency Crypto will not save Russia from sanctions, experts say Ukraine raises $13 million…
Things we’re reading today include … EU to sanction Russian Central Bank, destabilise the ruble Russia central bank urges calm as fears of a bank run build following Western sanctions Russian central bank to resume gold purchases on domestic market from Monday ECB says Sber Bank Europe is failing or likely to fail Credit Suisse…
This week’s main blog discussions include … The last thing we need is for banks to innovate I stumbled across an interesting report by Clarivate who, using a statistical analysis, have identified the 100 most innovative companies in the world. Technology advancement is a complex composition of talent, of competition and of need. New ideas…
Things we’re reading today include … Russia’s Stocks Crash 44%, Central Bank Unveils Emergency Support Lloyds on ‘heightened alert’ for Russian cyberattacks on banks – CEO SWIFT banking system could be used as sanction against Russia. What is it? Bank of America executive to leave Hong Kong in Covid exodus Saudi Arabia Eyes Bold Global…
Things we’re reading today include … Britain mistakenly puts Russian central bank’s address on sanctions list ‘The Contract Factory’: Inside Danske Bank Estonia’s Money Laundering Machine JPMorgan ‘grossly negligent’ over $875mn in Nigerian bank transfers, UK court told Barclays full-year net profit quadruples as corporate and investment bank booms Goldman Sachs Wants Its Bonuses Back…
Things we’re reading today include … How Swiss banking secrecy enabled an unequal global financial system Western sanctions on banks only scratch surface of Fortress Russia Europe’s banks brace for Russia fallout while U.S. banks see limited pain Why European bank shares are experiencing a false dawn Deutsche Bank Warns Staff Not to Delete WhatsApps…
Things we’re reading today include … The Credit Suisse leaks expose an industry that has got away with too much for too long Russian finance ministry and central bank clash over how to police cryptocurrencies UK’s leading fintech bosses call on government to ramp up efforts to overhaul regulation Sharp fall in fintech share prices…
