Things we’re reading today include … The future of banking supervision in a changing world Goldman Sachs to pay $3bn over 1MDB corruption scandal Goldman subsidiary pleads guilty in 1MDB scandal Rishi Sunak’s ex-Goldman Sachs boss emerges as next possible BBC chair EU explores tougher curbs on City hedge fund managers HSBC froze £1.5bn of…
Things we’re reading today include … Metro Bank balance sheet weak The end of free bank accounts is bad news for Monzo and its rivals Boxing legend Manny Pacquiao swaps punching for payments UK borrowing on course to exceed £1bn a day but markets unperturbed PayPal finally embraces cryptocurrencies with New York licence Abu Dhabi…
Things we’re reading today include … UBS smashes expectations with 99% rise in third-quarter net profit Hong Kong banks told to report potential breaches of security law Visa and Mastercard accused of charging ‘excessive’ fees Monzo launches £180-a-year premium account despite downturn Machines to ‘do half of all work tasks by 2025’ Trump maintains a…
Things we’re reading today include … Banks are far more exposed to climate change than they’re disclosing The share of Americans with bank accounts hit a new high in 2019 Goldman Sachs: Soaring Profits, Uncertain Future Bank boss: UK facing ‘unprecedented economic uncertainty’ NatWest pledges to boost number of black staff in senior roles Visa…
Things we’re reading today include … Wanted: Economist for Digital Currencies Warren Buffett plowed $5 billion into Bank of America during the debt crisis Peter Schiff’s bank under investigation in tax evasion probe The costly fallacy of ‘asset class’ investment Firms urged to get ready for new EU relationship City trader tells court of 83…
Things we’re reading today include … Coronavirus: About 1.4 million Brits to stop using bank branches Bank of America’s digital investments continues driving engagement UK banks not ready for negative interest rates, says NatWest chairman Will we be getting our cash from shops, not ATMs? UK banks plan to hike cost of credit card borrowing…
Things we’re reading today include … The Bank of England should not impose a negative interest rate Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down What bank results tell us about the US economy ahead of the election Brexit: Banks warned over expat account closures Goldman Sachs: The K Factor…
Things we’re reading today include … JPMorgan beats analysts’ profit estimates Tax rises of more than £40bn a year ‘all but inevitable’ Ant Group under scrutiny over exclusive sale of shares in IPO How dealmaking is changing Morgan Stanley IMF estimates global Covid cost at $28tn in lost output Shenzhen residents embrace digital currency
Things we’re reading today include … Banks make billions on overdraft fees. Biden could end that Congress’s scrutiny of tech giants could be blessing and curse for banks Former Barclays execs to launch digital bank Regulators battle over US fintech charters Royal Mint coin celebrates own millennium-long history Bank of England questions banks over negative…
