Things we’re reading today include … Dollar near three-year peak amid mad cash scramble Markets should brace for ‘full-on’ crisis, warns Waxman Global economy will suffer for years to come, says OECD The Fed is running out of options to stave off a coronavirus depression | Larry Elliott Tipping goes virtual as coronavirus decimates U.S….
Things we’re reading today include … UK lenders banned from repossessing homes amid coronavirus crisis EU states ‘dragging their feet’ over financial transparency, report finds Advancing bank tech ‘broadens hack attack surface’ Economists told us what a pandemic could do. Who listened? | Torsten Bell Global economy will suffer for ‘years to come’ says OECD…
The main blog headlines are … #Coronavirus, cash and the breakup of the Eurozone I’m sitting staring at the wall. It’s been a long time now since being in a face-to-face meeting, conference or catching a flight. I’m staring at the wall. Thinking. Thinking. Thinking … what’s the meaning of all this? What’s the meaning…
Things we’re reading today include … Former London bankers convicted after Germany’s ‘greatest tax robbery’ Why America’s financial plumbing has seized up ECB U-turn shows it fears coronavirus could destroy eurozone project The agonies of stock-picking in a falling market School closures in the UK are a financial catastrophe for poorer families | Torsten Bell…
Things we’re reading today include … U.S. regulator proposes path for non-banks to gain deposit license Coronavirus: Pound plunges to its lowest level in over 30 years Cardless in the coronavirus crisis The Federal Reserve can’t save us. Can Trump fix the impending global recession? ECB launches emergency $820bn coronavirus package Bank of England boss:…
Things we’re reading today include … HSBC appoints insider Quinn as CEO amid growth headwinds UK banks set out details of Covid-19 mortgage holidays Coronavirus: Stocks rocked by record volatility Metro Bank hit with fresh lawsuit by Iranian customers Study: global banks ‘failing miserably’ on climate crisis by funneling trillions into fossil fuels Coronavirus: US…
Things we’re reading today include … BoE’s guv Andrew Bailey has to prove he knows what’s what Climate change: The rich are to blame, international study finds The Federal Reserve acts again, as market turmoil continues Quotes from Federal Reserve Chair Powell’s press conference Big U.S. banks halt stock buybacks, citing customer needs during coronavirus…
Things we’re reading today include … Banks are running out of cash EU rejects UK call for rapid agreement on financial services The plumbing behind world’s financial markets is creaking. Loudly Stocks crumble, unconvinced as Fed and peers attempt radical rescue Fed slashes rates, global central banks coordinate to cushion coronavirus blow World’s top three…
The main blog headlines are … “Are you willing to take the risk of investing in bullshit?” “Are you willing to take the risk of investing in bullshit?” Interesting headline. It’s not mine btw. It’s a question from a leading banker. The question, in this case, related to investing in data mining … but you will…
Things we’re reading today include … US Fed injects $1.5tn to markets as Dow and FTSE suffer worst day since 1987 Corporate bonds and loans are at the centre of a new financial scare FCA chief rejects MPs’ calls for higher banks IT levy Trump’s bid to calm crisis simply caused more financial chaos ECB’s…
