Things we’re reading today include … Robinhood: US family sue trading app over son’s suicide Swiss bankers play fintech catch-up Elon Musk’s Tesla buys $1.5bn of Bitcoin causing currency to spike Tesla should stick to what it’s good at – and that isn’t bitcoin | Nils Pratley Bank governor takes responsibility for regulatory failings over…
Things we’re reading today include … Is this UBS promo the most cringeworthy video ever? Banks finalise bonus plans amid threat of pandemic backlash Central Banks Edge Toward Money’s Next Frontier in Digital World Bank of England says banks will need six months to prepare for negative rates Battle looms over subprime lending regulation under…
The main blog discussions this week include … The youngsters bucking up the stock markets (that’s bucking with a ‘b’) I was pretty surprised to find that many of Robinhood’s account holders are very young, with an average age of 31. It is probably why they pile into anti-Wall Street stock movements and they are…
Things we’re reading today include … Deutsche Bank in profit for the first time in six years Forget Frankfurt and Paris, says Barclays boss Wall Street versus the Redditors: the GameStop goldrush – podcast Banks told to prepare for negative rates Dogecoin takes off after tip by Elon Musk Klarna warns of delays to ‘buy…
Things we’re reading today include … BBVA offloads Holvi to digital bank’s founder Trump Banker’s Deutsche Bank Exit Prompted by Property Deal Early UK fintech Cashplus becomes fully fledged bank Enter the Draghi: can ‘Super Mario’ save Italy as he did the euro? The man taking on Jack Ma cements his status as a rising…
Things we’re reading today include: An equivalence ‘deal’ for the City and EU is doomed to fail How Covid has been the nail in the coffin for bank branches ‘Buy now, pay later’ firms such as Klarna to face FCA regulation Ant crackdown heightens power of China’s top banking regulator Sergey Brin: Google co-founder sets…
Things we’re reading today include … The Global Risk Management Survey, 2020 TSB Bank falls to £204m loss in 2020 Why US neobanks thrived while Europeans lost steam Former chancellor George Osborne to become full-time banker Business leaders call for a post-Covid economic roadmap Silver hits eight-year high as Reddit frenzy turns to commodities
Things we’re reading today include … Monzo founder on the pressures of running a digital bank The coming squeeze on free banking Lenders struggle for positives as Bank of England ponders negative rates move An uprising against Wall Street? Hardly. GameStop was about the absurdity of the stock market | Kenan Malik Silver prices soar…
The main blog discussions this week include … Breaking the stranglehold of banking Someone asked me to elaborate on the links between banks, government, the economy and society, and this was well illustrated by the video I shared the other day of James Pierpont Morgan, who founded the JPMorgan empire (see end of this blog…
Things we’re reading today include: Bank of England governor warns Bitcoin’s days are numbered ‘Majority’ of central banks ‘actively exploring’ digital currencies Young women of colour navigate the risky world of forex trading UK’s financial regulator urges banks to rethink branch closures Klarna: ‘I got a £30 bill – but I’ve never used it’ GameStop:…
