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Things worth reading: 12th March 2021

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 this is the big turning…

Things worth reading: 11th March 2021

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 aimed at the Asian-American community…

Things worth reading: 10th March 2021

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 Plans to Cut Around 60…

Things worth reading: 9th March 2021

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 publish bank employee data  …

Thing’s worth reading: 8th March 2021

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 ahead in  race to claim…

The Finanser’s Week: 1st March 2021- 7th March 2021

This week’s main blog notes include … Do we have a work-life balance anymore? What is work-life balance these days?  I accidentally on purpose started an interesting debate on LinkedIn. It began because someone posted on LinkedIn how proud they were of celebrating their sixteenth wedding anniversary, with photos of their wedding from 1995, and tagging a…

Things worth reading: 5th March 2021

Things we’re reading today include … Jack Ma’s Ant forced into arms of banks he once dubbed ‘pawnshops’ What central bank digital currencies mean for crypto Ripple Pilots Private Ledger for Central Bank Digital Currencies The Future of Money Is Digital, But Is It Bitcoin? Modular Banking: Building The Future Bank ‘Brick By Brick’ Jay-Z…

Things worth reading: 4th March 2021

Things we’re reading today include … ‘I was conned out of £230,000 and my bank could only recover 5p’ First ever UK infrastructure investment bank to open in Leeds with £12bn, Rishi Sunak announces in Budget 2021 UK announces £40bn of green investment from new ‘infrastructure bank’ Bank of England given green remit to aid…

Things worth reading: 3rd March 2021

Things we’re reading today include … What would Google do to reboot banking? Square closes up nearly 5% after Jack Dorsey’s company launches its own bank Citi marks a quiet transition as Fraser takes the reins Central banks don’t have to pick winners and losers to fight climate change What central banks ought to target…

Things worth reading: 2nd March 2021

Things we’re reading today include … What would Google do to reboot banking? Pandemic pressures push US banks towards consolidation Square’s in-house bank kicks off operations India’s Central Bank Sees Pros and Cons With National Digital Currency Why central banks love printing money Coutts, the bank to rely on in a Covid crisis – if…

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