Things we’re reading today include … U.S. bank profits down 70% from year prior on coronavirus uncertainty Global bank to make working from home permanent Credit Suisse to shut 37 bank branches in Switzerland Financial firms ‘must do more’ amid coronavirus complaints Ant Group: Jack the giant-maker Jack Ma’s mobile payments firm Ant Group plans…
Things we’re reading today include … Banks May Need To Replace Executive Suites To Succeed At Digital Zopa steps up digital bank war with fixed term savings account launch Tandem Bank acquires green lending business Rise of the central bank digital currencies: drivers, approaches and technologies China’s Banks Hire Tens of Thousands in Latest Rescue…
Things we’re reading today include … Watch stunning video of galloping black horse being filmed for ‘Lloyds Bank advert’ Digital banks race to turn profit JP Morgan prepares to launch UK digital bank next year Revealed: the banks selling failing Isa funds Why a bank account can be key to beginning a new life after…
This week focused upon the challenges for challengers: [Monzo + Starling + Revolut] – Pandemic = The End? Over the past week or two, the neobank and challenger bank sector has been issuing financial reports. If you haven’t noticed: WHERE WERE YOU? Monzo got a particular hammering for warning that the coronavirus pandemic could impact…
Things we’re reading today include … These banks will raise overdraft charges to nearly 40% next week Silicon Valley Bank hiring bankers in UK despite Covid-19 crisis Can Dubai enter the premier league of financial centres? America’s fiscal federalism is less superior than you might think The links between politics and banking are desperately unhealthy,…
Things we’re reading today include … HSBC shoots down Bank of England’s optimism over the economy UK neobank Atom Bank plans to raise £150m via share sale Sajid Javid: Why has the ex-chancellor been allowed to work for JP Morgan? EU regulator’s proposed reforms could damage UK fund sector Apple becomes Wall Street’s first $2tn…
Things we’re reading today include: Bank of England to consider digital currency in key meeting Central banks should not rush into digital currencies Monzo tops latest official banking league table Lloyds’ price target trimmed as analysts disagree on best banks in sector Former Chancellor Javid returns to JP Morgan Norway’s wealth fund loses £16bn in…
Things we’re reading today include … Standard Chartered mulling second digital-only bank in Asia Banks step up plans to close branches and cut jobs High Street banks face digital stress as online rivals’ slick software wins over customers U.K. Economic Scars Could Be Deeper Than Bank of England Thinks Best and worst banks – based…
Things we’re reading today include … EU warns City it faces longer wait for market access after Brexit Making billions v making ends meet: how the pandemic has split the US economy in two Who’s in the bigger hole when an ethical investor divests from BHP? Chinese bankers in Hong Kong could soon outnumber global…
The main blog headlines are … What’s next, after digital? I was invited to do a keynote for a Canadian conference the other day, but on a subject different to my normal digital stuff. The theme was sustainable finance. I decided to take a different tack and talk about my other big passion: purpose-driven banking….
