Things we’re reading today include … Visa and Mastercard earnings highlight consumer spending woe Deutsche Bank speeds up office closures to cut costs Joe Biden looks like a safe pair of hands for the US economy | Jeffrey Frankel The world’s banks must start to value nature and stop paying for its destruction ‘Shops refusing…
Things we’re reading today include … Banks lent £1.9tn linked to ecosystem and wildlife destruction in 2019 – report The senator shaking up Australia’s A$3tn pensions sector HSBC says it could charge for current accounts Experian: Credit agency told to stop sharing data without consent EU takes step to ease jitters over dual listings after…
Things we’re reading today include … Jack Ma’s Ant Group set for record $34bn market debut Sunak under pressure to reveal whereabouts of his own investments HSBC to accelerate restructure plan to slash costs Investment industry urged to promote more black women Brussels debates building up a Fortress Europe in finance Big tech accused of…
Things we’re reading today include … Covid-19: Lloyds staff to work from home until spring Covid leaves 6m UK small businesses and 16m jobs in ‘precarious position’ Jack Ma rails against global financial rules ahead of $30bn Ant Group IPO Banks transfer balances by cheque … to banks that don’t accept them Furlough fraudsters ‘may…
The main blog discussions this week include … It’s all about supply and demand … and right now everyone is demanding from home My father was a teacher. His expertise focused upon economics. Does it show? I am an economics fan, and studied consumer economics as a specialist subject as part of my university course….
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…
