Things we’re reading today include: Consumer fintechs will fail unless they rethink their business, says top bank exec Mobile loan apps in India: ‘They try to mentally break you’ Norway’s $1.3tn oil fund calls for greater gender equality What will the next decade bring? Here are 20 predictions from trend forecasters | Emily Segal Force…
Things we’re reading today include … Decimalisation and the coin you really want to find in your change Neil Woodford says ‘sorry’ as he announces new investment firm Monzo nearing 5 million customers and a new US CEO Unrealistic and dangerous’ to stick to EU banking rules after Brexit, says Bank of England governor Talk…
The main blog discussions this week include … Singapore-on-the-Thames? Welcome to the new London … [Kalifa Review] In the midst of Brexit plans and a Covid pandemic, the UK Government launched a FinTech review chaired by Ron Kalifa. I’ve met Ron at a few conferences, when he was CEO and then Chairman of WorldPay and…
Things we’re reading today include … Bailey’s tough talk on EU raises City worries over post-Brexit access Half of UK exporters to EU are having Brexit difficulties, survey finds Bitcoin hits record as US financial giants embrace cryptocurrency Accounting watchdog told Wirecard it did ‘not want’ to investigate fraud Securities trading/City of London: end of…
Things we’re reading today include … US Treasury: Yellen warns of ‘explosion’ of cybercrime risk Central banks aren’t what they used to be – and the better for it JP Morgan hires Chuka Umunna for senior sustainability role Bitcoin consumes ‘more electricity than Argentina’ UniCredit posts bigger than expected quarterly loss as Mustier steps down…
Things we’re reading today include … US stock exchanges sue SEC over data rule changes Bank of England chief’s evidence to MPs questioned by former senior judge Ex-banker Paul Mora put on Interpol wanted list in German fraud inquiry These wealthy vaccine cheats prove we were never all in this together | Arwa Mahdawi ANZ…
Things we’re reading today include … Robinhood: US family sue trading app over son’s suicide Swiss bankers play fintech catch-up Elon Musk’s Tesla buys $1.5bn of Bitcoin causing currency to spike Tesla should stick to what it’s good at – and that isn’t bitcoin | Nils Pratley Bank governor takes responsibility for regulatory failings over…
Things we’re reading today include … Is this UBS promo the most cringeworthy video ever? Banks finalise bonus plans amid threat of pandemic backlash Central Banks Edge Toward Money’s Next Frontier in Digital World Bank of England says banks will need six months to prepare for negative rates Battle looms over subprime lending regulation under…
The main blog discussions this week include … The youngsters bucking up the stock markets (that’s bucking with a ‘b’) I was pretty surprised to find that many of Robinhood’s account holders are very young, with an average age of 31. It is probably why they pile into anti-Wall Street stock movements and they are…
Things we’re reading today include … Deutsche Bank in profit for the first time in six years Forget Frankfurt and Paris, says Barclays boss Wall Street versus the Redditors: the GameStop goldrush – podcast Banks told to prepare for negative rates Dogecoin takes off after tip by Elon Musk Klarna warns of delays to ‘buy…
