Things we’re reading today include … Woman arrested for refusing to return $1.2million deposited in her bank account by mistake Atom Bank mulls listing via Spac ahead of IPO plans Monetarists fear inflation spiral as Bank of England stokes an economic boom Bank of America commits $1trn to global sustainability initiatives Fears for small firms…
This week’s main blogs include … Another view: any start-up that challenges a bank will fail We talk a lot these days about neobanks, challenger banks, bank disrupters, bank disintermediation, banks will fail and such like. I have a contrarian view, for a change, and believe that any start-up that challenges a bank will fail….
Things we’re reading today include … Prince William: Banks must do more to protect environment Banks should invest in nature to fight climate crisis, says Prince William Extinction Rebellion smash windows of Barclays Bank HQ JP Morgan chief predicts shift to non-bank lending OneSavings Bank sets aside £20m to cover fraud costs Atom Bank valuation…
Things we’re reading today include … Credit Suisse removes senior executives after $4.7bn Archegos losses Credit Suisses’s woes are a contrast to Deutsche Bank’s heavy hiring Banks pledge to fight climate crisis – but their boards have deep links with fossil fuels British Challenger Bank Tandem Becomes Chain-Free by Joining Mambu The Future Of Work…
Things we’re reading today include … Nine-in-ten bank boards lack professional technology experience Danske Bank reprimanded by UK competition watchdog Lloyds chief Horta-Osorio has his work cut out as he prepares for one of banking’s toughest jobs The unsolved £26.5 million bank job that traumatised Northern Ireland JPMorgan banking jobs where you work less than…
Things we’re reading today include …. Extinction Rebellion to step up campaign against banking system Central banks should turn green Five things you need to know about open banking EU banking system ‘teetering on collapse’ Has the Reserve Bank of Australia (RBA) failed Australians? Credit Suisse Executives to Depart After Archegos Losses Bill Gates is…
This week’s main blogs include … Venezuela replaces national currency with bitcoin In a fascinating move Venezuela, which has been a basket-case economy ever since Hugo Chavez died in 2013, has dropped their national currency (the bolivar) and any ties to the US dollar, and decided to link their national currency to bitcoin instead. This…
Things we’re reading today include … Metro Bank Launches First Bank Account for Dogs Goldman Sachs To Become Second Big Bank Offering Bitcoin To Wealthy Clients Coronavirus Accelerates US Bank Digital Banking Bank account switching plummets 30% in pandemic squeeze Deutsche Bank launches green deposits for its corporate clients Shaken by Greensill, German towns pull…
Things we’re reading today include … Banks face $10bn hit from Archegos selloff Top banks could be investigated over $20bn fire sale of hedge fund assets G20 central banks failing to turn climate advocacy into action, research finds Deutsche Bank Reorganizes Risk Management and Compliance Functions Britain’s oldest bank to name first female chief in…
Things we’re reading today include … Urgent warning issued to anyone who has a bank account with Barclays, Halifax, HSBC and Lloyds Bank of England steps in to stop rush of bankers relocating to EU Multi-billion Archegos losses will prompt banks to check hedge fund exposures Six conclusions to be drawn as Archegos affair rattles…
