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Things worth reading: 3rd November 2020

Things we’re reading today include … The virus has crushed the challenger bank dream PayPal tops estimates amid surge in online shopping but outlook disappoints Covid-19 sparks consolidation amongst European banks Eight big banks must face U.S. cities’ allegations of municipal bond collusion DeFi Trading App Dharma Now Connects Directly to US Bank Accounts Citigroup…

Things worth reading: 2nd November 2020

Things we’re reading today include … Australia’s central bank launches digital currency project Ant Group: How it became a financial giant Business borrowing from banks ‘up fivefold’ amid coronavirus Cubans lose access to vital dollar remittances after latest US sanctions US pension funds failing in climate change challenge EY wins more blue-chip audits despite Wirecard…

The Finanser’s Week: 26th October 2020 – 1st November 2020

The main blog discussions this week include … The difference between cloud-based and cloud-native I am having a debate on a regular basis about being cloud-native and digital at the core versus cloud-based and adding digital. The two are very different. Most big banks are moving to be cloud-based and adding digital, but that is…

Things worth reading: 30th October 2020

Things we’re reading today include … SoFi gets green light to become a national US bank Investors should prepare for worst over US presidential election The man who wants to help you out of debt – at any cost Asset managers warned over ‘insufficient’ climate risk reporting The march of Ant is a Chinese success…

Things worth reading: 29th October 2020

Things we’re reading today include … Visa and Mastercard earnings highlight consumer spending woe Deutsche Bank speeds up office closures to cut costs Joe Biden looks like a safe pair of hands for the US economy | Jeffrey Frankel The world’s banks must start to value nature and stop paying for its destruction ‘Shops refusing…

Things worth reading: 28th October 2020

Things we’re reading today include … Banks lent £1.9tn linked to ecosystem and wildlife destruction in 2019 – report The senator shaking up Australia’s A$3tn pensions sector HSBC says it could charge for current accounts Experian: Credit agency told to stop sharing data without consent EU takes step to ease jitters over dual listings after…

Things worth reading: 27th October 2020

Things we’re reading today include … Jack Ma’s Ant Group set for record $34bn market debut Sunak under pressure to reveal whereabouts of his own investments HSBC to accelerate restructure plan to slash costs Investment industry urged to promote more black women Brussels debates building up a Fortress Europe in finance Big tech accused of…

Things worth reading: 26th October 2020

Things we’re reading today include … Covid-19: Lloyds staff to work from home until spring Covid leaves 6m UK small businesses and 16m jobs in ‘precarious position’ Jack Ma rails against global financial rules ahead of $30bn Ant Group IPO Banks transfer balances by cheque … to banks that don’t accept them Furlough fraudsters ‘may…

The Finanser’s Week: 19th October 2020 – 25th October 2020

The main blog discussions this week include … It’s all about supply and demand … and right now everyone is demanding from home My father was a teacher. His expertise focused upon economics. Does it show? I am an economics fan, and studied consumer economics as a specialist subject as part of my university course….

Things worth reading: 23rd October 2020

Things we’re reading today include … The future of banking supervision in a changing world Goldman Sachs to pay $3bn over 1MDB corruption scandal Goldman subsidiary pleads guilty in 1MDB scandal Rishi Sunak’s ex-Goldman Sachs boss emerges as next possible BBC chair EU explores tougher curbs on City hedge fund managers HSBC froze £1.5bn of…

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