Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 6th November 2020

Things we’re reading today include … Bank of England boss pledges to do ‘everything we can’ Bitcoin: $1bn seized from Silk Road account by US government Ant Group IPO faces at least 6-month delay after Beijing intervention RSA in talks with Intact and Tryg over £7bn takeover deal US justice department sues to block Visa’s…

Things worth reading: 5th November 2020

Things we’re reading today include … Here’s Why Bank of America, JPMorgan Chase, and Other U.S. Bank Stocks Are Tanking Today Bank of England expected to launch £100bn of QE as lockdown 2.0 begins JPMorgan warns of another potential regulatory fine tied to weak ‘internal controls’ at bank Silk Road bitcoins worth $1bn change hands…

Things worth reading: 4th November 2020

Things we’re reading today include … Ant Group forced to suspend biggest share offering in history Jack Ma setback reminds investors that Beijing is still boss An armed gang crawled through a sewer network to rob a bank in Milan Bank of England: Six things to expect this Thursday Where Will Bank of America Be…

Things worth reading: 3rd November 2020

Things we’re reading today include … The virus has crushed the challenger bank dream PayPal tops estimates amid surge in online shopping but outlook disappoints Covid-19 sparks consolidation amongst European banks Eight big banks must face U.S. cities’ allegations of municipal bond collusion DeFi Trading App Dharma Now Connects Directly to US Bank Accounts Citigroup…

Things worth reading: 2nd November 2020

Things we’re reading today include … Australia’s central bank launches digital currency project Ant Group: How it became a financial giant Business borrowing from banks ‘up fivefold’ amid coronavirus Cubans lose access to vital dollar remittances after latest US sanctions US pension funds failing in climate change challenge EY wins more blue-chip audits despite Wirecard…

The Finanser’s Week: 26th October 2020 – 1st November 2020

The main blog discussions this week include … The difference between cloud-based and cloud-native I am having a debate on a regular basis about being cloud-native and digital at the core versus cloud-based and adding digital. The two are very different. Most big banks are moving to be cloud-based and adding digital, but that is…

Things worth reading: 30th October 2020

Things we’re reading today include … SoFi gets green light to become a national US bank Investors should prepare for worst over US presidential election The man who wants to help you out of debt – at any cost Asset managers warned over ‘insufficient’ climate risk reporting The march of Ant is a Chinese success…

Things worth reading: 29th October 2020

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 worth reading: 28th October 2020

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 worth reading: 27th October 2020

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…