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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…

The Finanser’s Week: 21st October – 27th October 2019

The main blog headlines are … Why decentralised currencies are a PEST! Sometimes you debate stuff and a realisation comes. I had one of these today. When futurists talk about the future, they generally based their opinions on forces of change, known colloquially as PEST. Political, Economic, Social and Technological change. So I was having…

Things worth reading: 24th October 2019

Things we’re reading today include … Facebook’s Zuckerberg grilled over Libra currency plan Is Facebook’s Libra doomed? Metro Bank posts loss during ‘challenging’ time Mario Draghi: His legacy after eight tumultuous years at the ECB Can central bankers talk too much? Peer-to-peer lender Funding Secure goes into administration Superyachts and private jets: spending of corrupt…

Things worth reading: 23rd October 2019

Things we’re reading today include … Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch: sources Infosys: India software giant probes whistleblower claims LSE bids show exchange world’s new priorities UK cyber-centre targets payment card fraud Revealed: The passwords putting you at most risk of cyber attacks Zuckerberg to tell Congress…

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