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…
Things we’re reading today include … Aussie bank BANS customers from using credit cards on any gambling services UK active managers fail to prove their mettle in a bear market The Great Wall (Street) of China Campaigners urge IMF to sell gold to provide debt relief Iain Duncan Smith calls for review of Chinese investment…
Things we’re reading today include … JPMorgan puts $30B toward fixing banking’s ‘systemic racism’ Further 150m people face extreme poverty by 2022, warns World Bank Fragile European Banks Bracing for Covid-Era Distressed Loans Starling Bank is seeking partnerships with other lenders IBM to split into two as it reinvents itself Ant Group: list and desist
Things we’re reading today include … How banking giant NatWest adapted to the coronavirus pandemic and lockdowns How Bank of America’s decentralized innovation approach conceives the future Digital bank for the well-heeled gets licence to build Monument Extreme poverty set for first rise since 1998, World Bank warns Billionaires see fortunes rise by 27% during…
Things we’re reading today include … ECB Study Finds Signs of Eroding Central Bank Independence Can The City tap into Wall Street’s hottest trend? Hong Kong will stay key financial hub say experts Credit Suisse apologises over black performer at party Bounce back loans: Criminals may have claimed billions Unexplained Wealth Orders: Suspected money launderer…
Things we’re reading today include … This startup is taking on big banks. And it’s working. Bank of America picks insider for new European capital markets role Bank of America wades into digital financial planning space Small firms suffer as banks make it harder to get a bounce-back loan Covid has highlighted America’s flaws, says…
Things we’re reading today include … Banks set for ‘mass branch closures’ as pandemic pushes more people online Could churches double up as bank branches in cash-stricken areas? Bank in crisis: branches to be wiped out from UK high streets by 2032 How the Bank of England used quantitative easing to make £150bn disappear Bank…
