Things we’re reading today include … Take a look at the confusing bank interface behind Citigroup’s $500 million mistake US Fed probing ‘operational error’ that halted bank transfers Dwindling cash use is pushing central banks to race toward digital currencies National Australia Bank accused of wrongly charging fees to customers almost 200,000 times Best Online…
Things we’re reading today include … HSBC and Citigroup: Global retail banking is heading for extinction Ex-bank president in Texas gets 8 years for fake loans, arson to try to cover up fraud This bitcoin bank’s stock has jumped nearly 1,300% in just over a year China’s central bank joins cross-border digital currency pilot JPMorgan…
Things we’re reading today include … ECB tells Deutsche Bank to cut banker’s bonuses HSBC bankers fret as popular colleagues leave and bank emphasizes wellness TransferWise rebrands as ‘Wise’ in banking shift to challenge Revolut Banks are back with handouts to lure in new customers Musk laughing all the way to bitcoin bank Bank of…
Things we’re reading today include … Former Bank of England governor Mark Carney joins Stripe board Sweden extends central bank digital currency trial for another year Wells Fargo shares jump after Fed reportedly approves bank’s overhaul plan Credit Suisse Posts Loss Despite Boost From Investment Bank Senior HSBC executives set to relocate to Hong Kong…
The main blog discussions this week include … CBDCs, the Digital Euro and how it might work I’m very aware that central banks are investigating the use of digital currencies, particularly as they can now see bitcoin gaining more and more traction (Tesla, Square and more committed – next is Apple?), but had not realised…
Things we’re reading today include: 7 Banks That Could Look to Acquire Another Bank in 2021 Deutsche Bank Cut Bonus Pool Plans After Criticism From ECB Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card Report: Bank of America Turned “Weapons-Related” Purchase Data Over to the Feds Wells Fargo shares jump after…
Things we’re reading today include: Banks seek advice on Bitcoin as digital coin hits record high The Guardian view on economic predictions: no time to bank on a recovery Anti-fraud Santander bank worker jailed for customer con Bank season kicks off tomorrow with City eyes on debts — and dividends Rising inflation unlikely to be…
Things we’re reading today include … ESG demand prompts more than 250 European funds to change tack Citi loses fight to recoup mistaken payments Bitcoin hits new record of $50,000 Former Goldman Sachs analyst and brother charged with insider dealing Hong Kong stock trading volumes jump to four times those of LSE Who really owns…
Things we’re reading today include: Consumer fintechs will fail unless they rethink their business, says top bank exec Mobile loan apps in India: ‘They try to mentally break you’ Norway’s $1.3tn oil fund calls for greater gender equality What will the next decade bring? Here are 20 predictions from trend forecasters | Emily Segal Force…
Things we’re reading today include … Decimalisation and the coin you really want to find in your change Neil Woodford says ‘sorry’ as he announces new investment firm Monzo nearing 5 million customers and a new US CEO Unrealistic and dangerous’ to stick to EU banking rules after Brexit, says Bank of England governor Talk…
