Things we’re reading today include … Former Bank of England governor Mark Carney joins Stripe board Sweden extends central bank digital currency trial for another year Wells Fargo shares jump after Fed reportedly approves bank’s overhaul plan Credit Suisse Posts Loss Despite Boost From Investment Bank Senior HSBC executives set to relocate to Hong Kong…
The main blog discussions this week include … CBDCs, the Digital Euro and how it might work I’m very aware that central banks are investigating the use of digital currencies, particularly as they can now see bitcoin gaining more and more traction (Tesla, Square and more committed – next is Apple?), but had not realised…
Things we’re reading today include: 7 Banks That Could Look to Acquire Another Bank in 2021 Deutsche Bank Cut Bonus Pool Plans After Criticism From ECB Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card Report: Bank of America Turned “Weapons-Related” Purchase Data Over to the Feds Wells Fargo shares jump after…
Things we’re reading today include: Banks seek advice on Bitcoin as digital coin hits record high The Guardian view on economic predictions: no time to bank on a recovery Anti-fraud Santander bank worker jailed for customer con Bank season kicks off tomorrow with City eyes on debts — and dividends Rising inflation unlikely to be…
Things we’re reading today include … ESG demand prompts more than 250 European funds to change tack Citi loses fight to recoup mistaken payments Bitcoin hits new record of $50,000 Former Goldman Sachs analyst and brother charged with insider dealing Hong Kong stock trading volumes jump to four times those of LSE Who really owns…
Things we’re reading today include: Consumer fintechs will fail unless they rethink their business, says top bank exec Mobile loan apps in India: ‘They try to mentally break you’ Norway’s $1.3tn oil fund calls for greater gender equality What will the next decade bring? Here are 20 predictions from trend forecasters | Emily Segal Force…
Things we’re reading today include … Decimalisation and the coin you really want to find in your change Neil Woodford says ‘sorry’ as he announces new investment firm Monzo nearing 5 million customers and a new US CEO Unrealistic and dangerous’ to stick to EU banking rules after Brexit, says Bank of England governor Talk…
The main blog discussions this week include … Singapore-on-the-Thames? Welcome to the new London … [Kalifa Review] In the midst of Brexit plans and a Covid pandemic, the UK Government launched a FinTech review chaired by Ron Kalifa. I’ve met Ron at a few conferences, when he was CEO and then Chairman of WorldPay and…
Things we’re reading today include … Bailey’s tough talk on EU raises City worries over post-Brexit access Half of UK exporters to EU are having Brexit difficulties, survey finds Bitcoin hits record as US financial giants embrace cryptocurrency Accounting watchdog told Wirecard it did ‘not want’ to investigate fraud Securities trading/City of London: end of…
Things we’re reading today include … US Treasury: Yellen warns of ‘explosion’ of cybercrime risk Central banks aren’t what they used to be – and the better for it JP Morgan hires Chuka Umunna for senior sustainability role Bitcoin consumes ‘more electricity than Argentina’ UniCredit posts bigger than expected quarterly loss as Mustier steps down…
