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The Finanser’s Week: 22nd July – 28th July 2019

The main blog headlines are … How to make a small island a big centre for FinTech One of the discussions at the UN meetings was around SIDS, the Small Island Developing States. I didn’t know much about SIDS but, when investigating further, discovered I did. They range from islands like Belize and Puerto Rico…

Things worth reading: 25th July 2019

Things we’re reading today include … Metro Bank to replace founder Vernon Hill as chairman Betterment wants your bank account as well as your investments Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources Free cash machines so rare people are now prepared to drive five miles to avoid paying, survey finds Nationwide doubles overdraft…

Things worth reading: 24th July 2019

Things we’re reading today include … Of course, Jeff Epstein moved his dirty money through Deutsche Bank … where else? Australian regulator proposes tougher rules on bankers’ pay China’s credit push to small firms falters in factory heartland Expand credit unions as alternative to payday lenders, FCA urges Equifax consumers face uphill battle for claims…

Things worth reading: 23rd July 2019

Things we’re reading today include …. UBS posts surprise second quarter profit boost What’s the best way to stay awake in meetings? Neil Woodford’s listed fund invests £10m in Atom Bank Equifax to pay up to $700m to settle data breach Will America go from hunter to hunted in cross-border tax evasion? The links between…

The Finanser’s Week: 15th July – 21st July 2019

The main blog headlines are … The UN’s SDG’s, FinTech and Banking Due to various connections, I was asked to deliver the opening keynote speech at the United Nations High Level Political Forum last week (some coverage here). It was one of those rare occasions where I got nervous, looking out at the faces of…

Things worth reading: 19th July 2019

Things we’re reading today include … Bank of America CEO on the importance of digital banking Australia’s NAB turns to RBS turnaround man Ross McEwan as CEO The pound’s slide is about more than Brexit Goldman Sachs’ equities-backed earnings results may face pressure Revolut’s growing pains rumble on  The future of insurance is happening without…

Things worth reading: 18th July 2019

Things we’re reading today include … German online bank N26 valued at $3.5bn after investment Bitcoin tumbles as U.S. senators grill Facebook on crypto plans City watchdog admits investment rules too complex for staff Pound could fall to parity with dollar on hard Brexit concerns Bank of America trims net interest income guidance Rothschild/Mifid II:…

Things worth reading: 17th July 2019

Things we’re reading today include … Visa invests in Indonesian ride-hailing firm Go-Jek Facebook vows Libra currency will wait for approval as U.S. airs worries ‘Breathtaking arrogance’: senators grill Facebook in combative hearing over Libra currency Christine Lagarde resigns as head of IMF Apra to be given new powers after scathing review of financial watchdog…

Things worth reading: 16th July 2019

Things we’re reading today include … Christine Lagarde will have to confront Berlin if she’s to save the euro | Yanis Varoufakis Facebook’s Libra could be misused, says treasury chief Mnuchin New £50 note design sees Alan Turing become first LGBT person on a UK banknote Digital upstarts need to play by the same rules…

Things worth reading: 15th July 2019

Things we’re reading today include … French financial regulator wants more flexible market rules U.S. proposes barring big tech companies from offering financial services, digital currencies City regulator fines balloon to £320m in six months Will Mark Carney and George Osborne vie for the top IMF job? Partial ECM exit to leave Deutsche Bank focused…

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