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 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 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 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 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…
The main blog headlines are … What’s the impact of coronavirus on FinTech? Someone asked me what the coronavirus pandemic means for the future of FinTech. I guess they thought that not much is happening and many firms will shutter and close. However, some may think that times are dull and boring, locked in at…
Things we’re reading today include: Lloyds bank reports loss after setting aside £2.4bn Lloyds reviews use of office space amid homeworking trend Schroders takes crown of UK’s largest listed fund manager Bridgewater faces losses and a lawsuit Five key moments from the big tech grilling Q, U, V or W: what shape will Britain’s economic…
Things we’re reading today include … Barclays: We want our people back in the office FCA raps brokers over ‘inappropriate’ use of clients’ assets Barclays profits plunge as it puts aside £1.6bn for Covid-19 defaults Federal Reserve warns of continuing need to protect US economy Billionaire ordered to pay £270m to charity after divorce settlement…
Things we’re reading today include … Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say European banking needs a Big Bang TransferWise valued at $5bn in secondary share sale Will coronavirus mean the demise of banknotes? | Howard Davies Google commits to vast London office despite rise of remote working Fraud: Banks…
Things we’re reading today include … Where the founders of Europe’s top 10 digital banks began their careers Deutsche Bank’s pay predicament is a bad omen for rivals. Tumble weeds in finance hubs Not for the faint of heart, is it time to buy bank shares? Thousands of small firms blocked from Covid loans as…
