Reading

Things we’re reading today include … UK regulator toughens rules on payment companies after Wirecard collapse Europeans quibble about long trading hours: the finance edition Some economies are bouncing back. But recoveries can easily go wrong Barclays bosses wrote Amanda Staveley off as ‘dolly bird’, court told How mafia-backed bonds ended up circulating in the…

Things we’re reading today include … The tiny German bank that bet big on Wirecard’s Markus Bank of America sees better-than-feared earnings and these stocks leading the way Big banks stand to earn hundreds of millions from PPP loan fees Bitcoin Community Cries Foul as Major Bank Implicated in Epstein Scandal Rishi Sunak’s Summer statement:…

Things we’re reading today include … Google, Deutsche Bank Agree to 10-Year Cloud Partnership Bank of England boss Andrew Bailey in the line of fire as government prepares to splash more cash Deutsche Bank faces $150m fine for Jeffrey Epstein ties Spain’s BBVA breaks ground by issuing risky ‘green’ debt EY Germany will survive, but…

Things we’re reading today include … Lloyds boss António Horta-Osório to step down next year HSBC glitch led to thousands of small business loans in the wrong name Wirecard executive arrested in Munich on suspicion of fraud Departure of Horta-Osório no bad thing for Lloyds at this time Gambling charity urges UK banks to improve…

Things we’re reading today include … Was lockdown really worth it? Telegraph writers and experts give their verdict The Bank of England has many battles ahead. Inflation will not be one of them Wirecard’s core business has been lossmaking for years, audit shows This pandemic has exposed the uselessness of orthodox economics | Jonathan Aldred…

Things we’re reading today include … Wirecard North America sale draws interest from payments groups Why zero interest rates might lead to currency volatility How resilient are the banks? Barclays: Qataris spoke to Gordon Brown to ‘defuse 2008 bailout pressure’ Trade finance stumbles into the digital era Hong Kong: HSBC and Standard Chartered caught between…

Things we’re reading today include … Société Générale acquiring challenger bank Shine Banking watchdog drops threat of inquiry into overdraft charges July 4th 2020: how a tax on playing cards and a thwarted tea shipment led to US Independence Day Wirecard administrator starts to dismantle defunct payments group Can BNP Paribas beat the investment banking…

Things we’re reading today include: Fintechs distance themselves from Wirecard Barnier rejects UK bid to preserve City’s rights via trade deal Coronavirus: How lockdown has affected my money Coronavirus: UK economy hit by worst contraction in 41 years UK on track for V-shaped recovery, says Bank of England economist The future may be V-shaped, but…

Things we’re reading today include … City executives lead corporate governance drive Wirecard: Financial watchdog lifts restrictions on payments Santander set to hire William Vereker as UK chairman Digital payments rules must be updated now Coronavirus: A visual guide to the economic impact Has CMA been put back in its box after Tyrie’s exit? That’s…