Reading

Things we’re reading today include … UBS smashes expectations with 99% rise in third-quarter net profit Hong Kong banks told to report potential breaches of security law Visa and Mastercard accused of charging ‘excessive’ fees Monzo launches £180-a-year premium account despite downturn Machines to ‘do half of all work tasks by 2025’ Trump maintains a…

Things we’re reading today include … Banks are far more exposed to climate change than they’re disclosing The share of Americans with bank accounts hit a new high in 2019 Goldman Sachs: Soaring Profits, Uncertain Future Bank boss: UK facing ‘unprecedented economic uncertainty’ NatWest pledges to boost number of black staff in senior roles Visa…

Things we’re reading today include … Wanted: Economist for Digital Currencies Warren Buffett plowed $5 billion into Bank of America during the debt crisis Peter Schiff’s bank under investigation in tax evasion probe The costly fallacy of ‘asset class’ investment Firms urged to get ready for new EU relationship City trader tells court of 83…

Things we’re reading today include … Coronavirus: About 1.4 million Brits to stop using bank branches Bank of America’s digital investments continues driving engagement UK banks not ready for negative interest rates, says NatWest chairman Will we be getting our cash from shops, not ATMs? UK banks plan to hike cost of credit card borrowing…

Things we’re reading today include … The Bank of England should not impose a negative interest rate Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down What bank results tell us about the US economy ahead of the election Brexit: Banks warned over expat account closures Goldman Sachs: The K Factor…

Things we’re reading today include … JPMorgan beats analysts’ profit estimates Tax rises of more than £40bn a year ‘all but inevitable’ Ant Group under scrutiny over exclusive sale of shares in IPO How dealmaking is changing Morgan Stanley IMF estimates global Covid cost at $28tn in lost output Shenzhen residents embrace digital currency

Things we’re reading today include … Banks make billions on overdraft fees. Biden could end that Congress’s scrutiny of tech giants could be blessing and curse for banks Former Barclays execs to launch digital bank Regulators battle over US fintech charters Royal Mint coin celebrates own millennium-long history Bank of England questions banks over negative…

Things we’re reading today include … Aussie bank BANS customers from using credit cards on any gambling services UK active managers fail to prove their mettle in a bear market The Great Wall (Street) of China Campaigners urge IMF to sell gold to provide debt relief Iain Duncan Smith calls for review of Chinese investment…