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The Finanser’s Week: 4th November – 10th November 2019

The main blog headlines are … Seven Fin and Tech truisms we wish were myths (with thanks to Anne Boden) I attended the New Statesman’s FinTech Summit yesterday. I gave the opening speech and was followed by the indomitable Anne Boden, CEO and Founder of Starling Bank, who talked about the path to profitability. She…

Things worth reading: 8th November 2019

Things we’re reading today include … Citi, Deutsche get go-ahead to probe regulator witnesses in landmark cartel case Wall Street investors slam Warren’s policies City traders: We want shorter working hours How big tech is dragging us towards the next financial crash Financial crime through video games is on the rise Have billionaires accumulated their…

Things worth reading: 7th November 2019

Things we’re reading today include … Deutsche Bank collapse rebuttal sets off Twitter storm Factbox: How the SEC is making life easier for corporate America Goldman’s journey: from high finance to the Mittelstand Second U.S. law firm plots rival London forex class action London Stock Exchange considers shorter trading day Factbox: SoftBank’s ever-growing mountain of…

Things worth reading: 6th November 2019

Things we’re reading today include … Citigroup Says It’s Open to Expanding Bank-Branch Footprint Modern Central Banking Is More Vulnerable Than We Think Banks boosted new lending to fossil fuel projects last year, figures show IBM, Bank of America team up to launch financial services-specific cloud Wall Street increasingly weighs risk from climate change UK…

Things worth reading: 5th November 2019

Things we’re reading today include … Goldman Sachs offers would-be parents on staff $20,000 to buy eggs OneCoin lawyer on trial for role in ‘crypto-scam’ Regulators press Deutsche boss to drop dual roles Santander buys majority stake in fintech Ebury for £350m Edmond de Rothschild chief warns private banks face crisis Cutting edge big tech…

The Finanser’s Week: 28th October – 3rd November 2019

The main blog headlines are … McKinsey reckon banks are in a ‘do-or-die’ moment … really? A few talking points last week, but two hit me in particular. The first is a McKinsey report that reckons half of the world’s banks are not viable. Their cost of equity is higher than their return on equity….

Things worth reading: 1st November 2019

Things we’re reading today include … Banks face compensation claim over payment fraud New Wells Fargo CEO says he wants to fix problems, isn’t a ‘wallflower’ Why the repo market went awry… Facebook sued for age, gender bias in financial services ads A scholar of inequality ponders the future of capitalism Hong Kong plunges into…

Things worth reading: 31st October 2019

Things we’re reading today include … Rise of machine trading forces data providers to pivot Federal Reserve cuts rates again amid trade and growth fears Brexit deal means ‘£70bn hit to UK by 2029′ Citi to withdraw from two-thirds of FX platforms NatWest to offer help to gambling addicts in high-street branches Can America’s capital…

Things worth reading: 30th October 2019

Things we’re reading today include ….   Lloyds Bank creates inheritance mess for hundreds of bereaved families after wills storage blunder The next Bank of England governor will face another recession – and Brexit won’t help with that PPI hit could tip Lloyds Bank into red Barclays profits plunge as bank warns of challenging year…

Things worth reading: 29th October 2019

Things we’re reading today include … Revealed: the bank accounts thousands are switching to Lloyds and Halifax online banking down as ‘thousands’ struggle to access accounts The World’s Most Expensive Bank Limits Staff Water to Cut Costs Which way will the Bank of England jump on Brexit? Who are the big winners in the bank…

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