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Things worth reading: 19th October 2020

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…

The Finanser’s Week: 12th October 2020 – 18th October 2020

The main blog discussions this week include … Will DeFi destroy banking? It has been a while since I sat back to think about the future bank. I talk about the future bank all the time, but the overall view of a bank in its totality. What will it look like in 2030 and beyond?…

Things worth reading: 16th October 2020

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 worth reading: 15th October 2020

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 worth reading: 14th October 2020

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 worth reading: 13th October 2020

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 worth reading: 12th October 2020

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…

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…

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