Things we’re reading today include … Britain freezes more Russian bank assets than any other country in the world British MPs urge global banks to close Russian offices ‘without delay’ Russian banks rush to switch to Chinese card system Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030 Banks…
The main blog discussions this week include … A SWIFT slap on the wrist During the weekend, there was some real action against Russia and specifically Vladimir Putin. The aim is to freeze Russia’s assets, worth around $630 billion, around the world. ‘A global financial pariah’: how central bank sanctions could hobble Russia The ban…
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…
