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Things worth reading: 10th February 2020

Things we’re reading today include … Santander fintech guru trades punk rock for asset management Cryptocurrency specialist to push for UK banking licence Bank of England gold: Rare look inside the vaults How far will Alison Rose go to take RBS into the 21st century? A new rural bank branch opening! What’s going on? One-third…

The Finanser’s Week: 3rd February 2020 – 9th February 2020

The main blog headlines are … RegTech versus TechReg I often talk about how banks have five times more regulation than technology firms. That stat comes from Bank of America Merrill Lynch who published this chart a while ago: This is confirmed by similar charts, such as this one from Benedict Evans, a Partner ……

Things worth reading: 7th February 2020

Things we’re reading today include … AMP fined $5m for allowing financial advisers to rip off clients Overdrafts: A guide to your changing bank fees Exclusive: Goldman Sachs to raise $8 billion for new buyout fund – sources What the coronavirus means for financial markets ING hit by sharp rise in bad debts Spooked UK…

Things worth reading: 6th February 2020

Things we’re reading today include … RBS’s digital bank Bo tells customers to shred their cards Starling hits 100,000 business customers as SME banking hots up UniCredit cuts further its stake in Turkey’s Yapi Kredi Barclays faces fresh investor revolt over fossil fuels What the City needs from an EU trade deal City fears paying…

Things worth reading: 5th February 2020

Things we’re reading today include … City banker suspended for ‘stealing food from canteen’ Jeffrey Epstein’s Mystery Bank Came Alive After His Death Is modern banking too complex for challenger banks? China May Ease Shadow-Bank Crackdown to Bolster Slowing Economy N26 is building a better bank EY hit with €95m claim over links to German…

Things worth reading: 4th February 2020

Things we’re reading today include … Goldman Sachs in Amazon talks over small business loans FCA: credit card firms must stop suspending all users in debt spiral Travelex: Bank currency services still offline after hack Only two women applied for Bank of England governor role Worldline to buy Ingenico for €7.8bn China central bank unexpectedly…

Things worth reading: 3rd February 2020

Things we’re reading today include … Credit Suisse espionage scandal deepens as report suggests bank spied on Greenpeace Credit Suisse proposes Richard Meddings for election to the board ‘I wasn’t allowed to buy my burrito with cash’ EU states look in poor health to withstand a global crisis Chinese shares drop nearly 9% amid fears…

The Finanser’s Week: 27th January 2020 – 2nd February 2020

The main blog headlines are … A Davos Day I’ve watched Davos from afar for years now and often wondered what it would be like to be there so, when I got an invite this year, I took it straight away. The United Nations Media Group asked if I could join them and talk ……

Things worth reading: 31st January 2020

Things we’re reading today include … US banks placed on Hong Kong ‘list of shame’ over IPO date error What ancient Rome may teach on post-Brexit tourism Goldman Sachs bets the firm on a new identity U.S. SEC Commissioner defends proposal on shareholder voting rules Europeans make record investments in sustainable funds  Bank warns PM…

Things worth reading: 30th January 2020

Things we’re reading today include … Profits plunge piles pressure on Santander chief Lloyds group to close 56 more branches across UK this year How digital financial services can prey upon the poor Banks adopt AI to manage sanctions and compliance risk Goldman Sachs: break it up Wonga borrowers ‘to get just 4.3% of compensation…

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