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Things worth reading: 13th August 2020

Things we’re reading today include … European banks urged to stop funding oil trade in Amazon Natwest to cut 550 jobs in branches and close one office Morgan Stanley boss is frequent caller to SEC chairman UK economy: a full recovery from the Covid slump will be slow ABN Amro to slash size of investment…

Things worth reading: 12th August 2020

Things we’re reading today include … THREE HOURS to talk to your bank Is this our last chance to buy shares in Lloyds Banking Group below 30p? Disappointment for $130k a month trader Fed rejects bank appeals against stress-test results Why Trump’s Hong Kong sanctions are bad news for banks The Spac race: Wall St…

Things worth reading: 11th August 2020

Things we’re reading today include … TSB customers’ anger at online banking issues Fines for anti-money laundering failures rise as companies repeat mistakes Western Union chief explores acquisitions Norway’s central bank accused of breaking law over oil fund appointment UK consumer lending will plummet during 2020, say forecasts TSB axes role of dedicated cashiers due…

Things worth reading: 10th August 2020

Things we’re reading today include … Banking post lockdown: visiting branches, getting cash, how to contact your bank and more Monzo? I’d rather invest my tuppence in the bank A tale of two banks: Monzo vs Starling Three-month wait for bank appointment about coronavirus loan Pandemic seals dominance of UK’s biggest banks Banks face second…

The Finanser’s Week: 3rd August 2020 – 9th August 2020

The main blog headlines are … The world after #coronavirus During this lockdown, it’s easy to get a bit down. The constant news of deaths and corona cases; the arguments between liberals and conservatives; the debate over whether the government acted early enough, fast enough, good enough; the rage over those breaking the rules and…

Things worth reading: 7th August 2020

Things we’re reading today include … Why European banks expect fewer bad loans than American rivals Bank of England boss Bailey backs end of furlough scheme High-cost lenders using ‘exotic holidays’ to encourage debt Why stock markets are defying a shrinking economy Will Covid make countries drop cash and adopt digital currencies? | Kenneth Rogoff…

Things worth reading: 6th August 2020

Things we’re reading today include … UK start-ups face £15bn funding shortfall The UK’s private debt crisis will make this recession so much worse | Christine Berry Wells Fargo to cut consultancy spend after internal backlash Metro Bank office staff can work from home until after flu season Gold price rises above $2,000 for first…

Things worth reading: 5th August 2020

Things we’re reading today include … Trump And His Company Under Investigation Over Reports Of Bank Fraud Bank of England to cut interest rates to zero in November Economic forecasts are too rosy. That can be costly Five surprising facts about inequality in the UK UK savings rates are at a record low amid Covid-19…

Things worth reading: 4th August 2020

Things we’re reading today include … Google to offer co-branded accounts with eight US banks Difficult second decade ahead for Metro Bank Private banker to Trump and Jared Kushner under investigation by Deutsche Bank HSBC is biggest loser in never-ending US-China global power play | Larry Elliot A global debt crisis is looming – how can…

Things worth reading: 3rd August 2020

Things we’re reading today include … Bakery manager sacked for using own bank card to help elderly customers blocked from paying with cash Lloyds bank manager ‘sacked for helping customer open mail’ Monzo’s losses double as popular UK digital bank warns of pandemic uncertainty Canary Wharf Group recalls staff to halt banking exodus Bank of…

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