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The Finanser’s Week: 5th October 2020 – 11th October 2020

The main blog discussions this week include … Talking to the elephant in the room Yes, we’re all doing stuff from our home offices. I don’t know what your office is like, but mine’s quite nice. I like it. Until I noticed a strange smell yesterday. Didn’t know what it was, so I had to…

Things worth reading: 9th October 2020

Things we’re reading today include … JPMorgan puts $30B toward fixing banking’s ‘systemic racism’ Further 150m people face extreme poverty by 2022, warns World Bank Fragile European Banks Bracing for Covid-Era Distressed Loans Starling Bank is seeking partnerships with other lenders IBM to split into two as it reinvents itself Ant Group: list and desist

Things worth reading: 8th October 2020

Things we’re reading today include … How banking giant NatWest adapted to the coronavirus pandemic and lockdowns How Bank of America’s decentralized innovation approach conceives the future Digital bank for the well-heeled gets licence to build Monument Extreme poverty set for first rise since 1998, World Bank warns Billionaires see fortunes rise by 27% during…

Things worth reading: 7th October 2020

Things we’re reading today include … ECB Study Finds Signs of Eroding Central Bank Independence Can The City tap into Wall Street’s hottest trend? Hong Kong will stay key financial hub say experts Credit Suisse apologises over black performer at party Bounce back loans: Criminals may have claimed billions Unexplained Wealth Orders: Suspected money launderer…

Things worth reading: 6th October 2020

Things we’re reading today include … This startup is taking on big banks. And it’s working. Bank of America picks insider for new European capital markets role Bank of America wades into digital financial planning space Small firms suffer as banks make it harder to get a bounce-back loan Covid has highlighted America’s flaws, says…

Things worth reading: 5th October 2020

Things we’re reading today include … Banks set for ‘mass branch closures’ as pandemic pushes more people online Could churches double up as bank branches in cash-stricken areas? Bank in crisis: branches to be wiped out from UK high streets by 2032 How the Bank of England used quantitative easing to make £150bn disappear Bank…

Things worth reading: 2nd October 2020

Things we’re reading today include … ECB Applies for ‘Digital Euro’ Trademark Amid Feasibility Study Blackbaud: Bank details and passwords at risk in giant charities hack Andy Haldane: the funnyman central banker who’s not great at maths Technical glitch halts trading on Japan’s exchanges Goldman Sachs to buy GM credit card business for $2.5bn TSB:…

Things worth reading: 1st October 2020

Things we’re reading today include … Bank branches may be wiped out by 2032 – will cash access survive? TSB closes 164 bank branches with loss of almost 1,000 jobs Bank’s chief economist warns against ‘Chicken Licken’ pessimism in UK EY faces mounting backlash after Wirecard whistleblower revelation HSBC should concentrate on Asia Bank warned…

Things worth reading: 30th September 2020

Things we’re reading today include … Businessman Refused £10,000 Loan At 22 Buys The Bank That Turned Him Down Spain Bankia trial: Thirty-four cleared of bank privatisation fraud Goldman names first woman to run major division in years How HSBC got caught in a geopolitical storm over Hong Kong security law ‘I monitor my staff…

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