Things we’re reading today include … Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic Deutsche Bank interns complain of cancellations on legal issues EY prepares for backlash over Wirecard scandal Four killed after gunmen attack Pakistan Stock Exchange Economic recovery hinges on when – and if –…
The main blog headlines are … Is FinTech getting it wrong? Focus on needs and wants A friend of mine, Alessandro Hatami, wrote an interesting piece on Sifted that I shared in my news yesterday. He claims that neobanks like Monzo and Starling are not reinventing banking at all. They’re just modifying and improving it….
Things we’re reading today include … US Treasury sent $1.4bn of pandemic aid to dead people The IMF downgrades its global growth forecasts How Wirecard fooled most of the people all of the time Reserve Bank warns of 25% GDP loss by 2100 unless action taken on climate change Inside Wirecard Wirecard: Scandal-hit firm files…
Things we’re reading today include … Zopa granted full banking licence Bank staff accused of ‘interrogating’ and turning away pensioners who travelled miles, claiming their visits weren’t essential Britain nearly went bust in March, says Bank of England 3 APIs That Could Revolutionize Banking Banks: back to the office SoftBank: what goes around, comes around
Things we’re reading today include … Wirecard: Former boss arrested over €1.9bn scandal Twitter apologises for business data breach White household income in UK 63% higher than black households, ONS finds ‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable New Zealand seizes £72m of assets from alleged Russian cyber…
Things we’re reading today include: Dear Monzo, Starling and co; We’re still a long way off the perfect neobank Wirecard crisis looms large over Europe’s fintechs How banks are planning to bring staff back to the office Big tech expected to shake up wealth management industry The new face at the FCA needs to keep…
Things we’re reading today … … are all about Wirecard … Wirecard versus The Financial Times: a FinTech poster child on trial Wirecard’s Missing Billions Forces Out CEO, Panics Lenders Why was Frankfurt so blind for so long about Wirecard? … and a few other things … ‘Having my identity stolen cost me £10,000’ Tokyo…
Things we’re reading today include … European Central Bank hands out 1.3 trillion euros in loans Wirecard shares slump over missing €1.9bn To understand the new wave of small investors, look to China The successes of the Fed’s dollar-swap lines Barclays, HSBC and Lloyds among UK banks that had links to slavery Bank of England…
Things we’re reading today include … Visa predicts ‘permanent’ shift in consumer spending habits Commerzbank fined £38m by UK watchdog for money-laundering failings HSBC to press on with 35,000 job cuts Coronavirus: Money printer hopes virus crisis boosts demand for fresh bank notes Dollar and yen gain on worries about virus and economic outlook UK…
