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Things worth reading: 27th March 2020

Things we’re reading today include … ABN Amro takes $200m hit from failure of a single client America’s central bank is not the only one doling out greenbacks Big banks reassure staff about potential job cuts An imaginative template for dealing with the cash crunch How UK banks are offering coronavirus support to customers How…

Things worth reading: 26th March 2020

Things we’re reading today include … Credit Suisse slashes ousted CEO’s bonus by almost £2m Banks warned against profiteering from UK coronavirus crisis India’s huge outsourcing industry struggles with work-from-home scenario Banks under fire for coronavirus loan tactics Banks and business caught out by emergency measures How to pay for the pandemic Coronavirus pandemic has…

Things worth reading: 25th March 2020

Things we’re reading today include … UK cash usage halves within days as shops close due to coronavirus Banks, regulators move to protect customers from wave of coronavirus scams in UK, U.S. Non-bank lenders will bear brunt of credit crisis Wells Fargo to pay special compensation to front-line workers amid coronavirus outbreak Banks enjoy trading…

Things worth reading: 24th March 2020

Things we’re reading today include … Dollar near three-year peak amid mad cash scramble Markets should brace for ‘full-on’ crisis, warns Waxman Global economy will suffer for years to come, says OECD The Fed is running out of options to stave off a coronavirus depression | Larry Elliott Tipping goes virtual as coronavirus decimates U.S….

Things worth reading: 23rd March 2020

Things we’re reading today include … UK lenders banned from repossessing homes amid coronavirus crisis EU states ‘dragging their feet’ over financial transparency, report finds Advancing bank tech ‘broadens hack attack surface’ Economists told us what a pandemic could do. Who listened? | Torsten Bell Global economy will suffer for ‘years to come’ says OECD…

The Finanser’s Week: 16th March 2020 – 22nd March 2020

The main blog headlines are … #Coronavirus, cash and the breakup of the Eurozone I’m sitting staring at the wall. It’s been a long time now since being in a face-to-face meeting, conference or catching a flight. I’m staring at the wall. Thinking. Thinking. Thinking … what’s the meaning of all this? What’s the meaning…

Things worth reading: 20th March 2020

Things we’re reading today include … Former London bankers convicted after Germany’s ‘greatest tax robbery’ Why America’s financial plumbing has seized up ECB U-turn shows it fears coronavirus could destroy eurozone project The agonies of stock-picking in a falling market School closures in the UK are a financial catastrophe for poorer families | Torsten Bell…

Things worth reading: 19th March 2020

Things we’re reading today include … U.S. regulator proposes path for non-banks to gain deposit license Coronavirus: Pound plunges to its lowest level in over 30 years Cardless in the coronavirus crisis  The Federal Reserve can’t save us. Can Trump fix the impending global recession? ECB launches emergency $820bn coronavirus package Bank of England boss:…

Things worth reading: 18th March 2020

Things we’re reading today include … HSBC appoints insider Quinn as CEO amid growth headwinds UK banks set out details of Covid-19 mortgage holidays Coronavirus: Stocks rocked by record volatility Metro Bank hit with fresh lawsuit by Iranian customers Study: global banks ‘failing miserably’ on climate crisis by funneling trillions into fossil fuels Coronavirus: US…

Things worth reading: 17th March 2020

Things we’re reading today include … BoE’s guv Andrew Bailey has to prove he knows what’s what Climate change: The rich are to blame, international study finds The Federal Reserve acts again, as market turmoil continues Quotes from Federal Reserve Chair Powell’s press conference Big U.S. banks halt stock buybacks, citing customer needs during coronavirus…

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