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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…

Things worth reading: 29th September 2020

Things we’re reading today include … How Long Should I Keep Paper Checks and Bank Statements? Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO European central bank execs are wrong — Intentionally or unknowingly? Bank deputy governor warns against negative interest rates Goldman Sachs to replace chief of consumer banking unit…

Things worth reading: 28th September 2020

Things we’re reading today include … Bitcoin, Ether Slump; Banks Can Now Back Stablecoins NatWest and Lloyds give hope to investors Marcus Bank slashes its easy-access account rate to 0.7% Yandex agrees $5.5bn deal for Russia’s top online bank Negative interest rates: Bank of England policymaker defends plan China’s carbon pledge will require complete inversion…

The Finanser’s Week: 21st September 2020 – 27th September 2020

The main blog discussions this week include …. The rise of the mobile wallet I first started blogging about smart mobile wallets in earnest in 2014. Back then, the mobile network operators were starting to get active and to try and bring the M-PESA and other experiences to the modern world. But no one wanted…

Things worth reading: 25th September 2020

Things we’re reading today include … National Australia Bank will pay you to break its systems The steak and wine court case behind new bank lending rules What $2tn in possible corrupt activity reveals about Kleptopia | Tom Burgis Hundreds of City firms at risk of collapse because of Covid, FCA warns Fraudsters ‘caught me…

Things worth reading: 24th September 2020

Things we’re reading today include … Wells Fargo’s Charles Scharf apologises over race comments JPMorgan in talks to settle spoofing claims for $1bn ‘My bank is shutting my account because of Brexit’ Westpac handed record fine worth £722m – for breaching money-laundering laws 23 million times HSBC, Goldman Sachs and PwC delay return to offices…

Things worth reading: 23rd September 2020

Things we’re reading today include … Bank of England to propose simpler rules for small banks The financial watchdog may have finally brought insurers to heel Brexit and the City: Brussels’ new battle to rival London in finance Could churches double up as bank branches in cash-stricken areas? NatWest unveils savings account offering 3% interest…

Things worth reading: 22nd September 2020

Things we’re reading today include … Bank of the Future, Mapped by McKinsey Starling Bank’s Anne Boden: ‘We’ve always had a model that was going to be profitable’ Federal Reserve starts effort to update bank fair lending rules Europe’s fintechs facing an ‘existential threat’, says McKinsey Thousands of Britons living in EU told their UK…

Things worth reading: 21st September 2020

Things we’re reading today include … Brits in EU risk losing UK bank accounts ‘within weeks’ Deutsche Bank: Suspected of facilitating funds to ISIS in Iraq Leaked docs: Arab Bank was involved in potential terrorist financing until 2016 FinCEN Files: HSBC moved Ponzi scheme millions despite warning Leveraged ETP popularity raises gambling risk, experts warn…

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