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….
Things we’re reading today include … Britain’s once-popular digital banks face a bruising reality A new study shows emerging economies are catching up Forget doom-laden headlines, the dollar has not gone into terminal decline | Barry Eichengreen Rampant bitcoin gives crypto hedge funds a big lift Mastercard wins debit card deal with HSBC’s First Direct…
Things we’re reading today include … European banks urged to stop funding oil trade in Amazon Natwest to cut 550 jobs in branches and close one office Morgan Stanley boss is frequent caller to SEC chairman UK economy: a full recovery from the Covid slump will be slow ABN Amro to slash size of investment…
Things we’re reading today include … THREE HOURS to talk to your bank Is this our last chance to buy shares in Lloyds Banking Group below 30p? Disappointment for $130k a month trader Fed rejects bank appeals against stress-test results Why Trump’s Hong Kong sanctions are bad news for banks The Spac race: Wall St…
Things we’re reading today include … TSB customers’ anger at online banking issues Fines for anti-money laundering failures rise as companies repeat mistakes Western Union chief explores acquisitions Norway’s central bank accused of breaking law over oil fund appointment UK consumer lending will plummet during 2020, say forecasts TSB axes role of dedicated cashiers due…
