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Things worth reading: 21st July 2020

Things we’re reading today include: Big banks look to the cloud to accelerate digital shift Global banks scrutinise their Hong Kong clients for pro-democracy ties Klarna: We tightened our lending in lockdown RBS tells its staff to carry on working from home until next year UK households suffer biggest financial hit since 1970s due to…

Things worth reading: 20th July 2020

Things we’re reading today include … Royal Bank of Scotland to change name to NatWest next week America’s banks batten down the hatches as pandemic takes its toll The U.S. investment banks that won and lost during COVID-19 Britain faces Credit Crunch II: Banks warn loans will become harder UK digital bank Monzo relaunches premium…

The Finanser’s Week: 13th July 2020 – 19th July 2020

The main blog headlines are … What you really, really want is money (that’s what I want) I’ve written quite a few times about how economies work and the role of money as power. In particular, money is not just power but status, and leads to attractiveness, and the ability to get someone above your…

Things worth reading: 17th July 2020

Things we’re reading today include … Are banks really going to revert to type and let struggling borrowers lose their homes? | Tony Robinson What Wall Street’s results tell you about America’s economy Coronavirus: Chinese economy bounces back into growth UK banks may have to flag up plans to shut branches or cash machines Morgan…

Things worth reading: 16th July 2020

Things we’re reading today include … Bank of England teams up with Beano comic to boost financial literacy Banks set aside billions of dollars in expectation of massive losses as consumers default on loans How banks are trying to capture the green transition Banks propose ‘student loans style’ scheme to avert job losses Coronavirus: Credit…

Things worth reading: 15th July 2020

Things we’re reading today include: Bank of England mulling new digital currency post-Brexit Big US banks set aside $28bn in downturn warning UK government planning new green investment bank McKinsey warned Wirecard a year ago to take action on controls Former Barclays boss apologises for Amanda Staveley ‘tart’ reference UK’s largest accounting firms lambasted by…

Things worth reading: 14th July 2020

Things we’re reading today include … Monzo Down: Challenger Bank Cites “Problem with Servers” Another Horrific Bank Of America Horror Story That Hundreds, If Not Thousands, Are, Apparently, Experiencing ING Bank to shutter quarter of its bank branches in Netherlands McKinsey warned Wirecard a year ago to take ‘immediate action’ on controls Google announces $10bn…

Things worth reading: 13th July 2020

Things we’re reading today include … ‘I left Smile Bank today due to the ongoing outage’ Wave of new leaders presents an opportunity to shake up the banking industry Warning over 11 dangerous apps that could access your bank account Only man jailed over £26m Northern raid sues bank Scam victims sue phone companies over…

The Finanser’s Week: 6th July 2020 – 12th July 2020

The main blog headlines are … HSBC and Standard Chartered are wrong to kowtow to China over Hong Kong I keep saying that I don’t want to be political on this blog – I’m not qualified and it’s not why you read it – but, as a human being, I cannot ignore things like Black…

Things worth reading: 10th July 2020

Things we’re reading today include … UK regulator toughens rules on payment companies after Wirecard collapse Europeans quibble about long trading hours: the finance edition Some economies are bouncing back. But recoveries can easily go wrong Barclays bosses wrote Amanda Staveley off as ‘dolly bird’, court told How mafia-backed bonds ended up circulating in the…

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