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Things worth reading: 24th June 2019

Things we’re reading today include … Has Deutsche Bank left it years too late for a turnaround? U.S. regulators ask Deutsche Bank to explain ‘bad bank’ proposal – FT Britain’s HSBC to help modern slaves ‘rebuild lives’ with bank access Malaysia’s 1MDB criminal case against Goldman Sachs delayed to September Vanguard’s tie-up with Ant targets…

The Finanser’s Week: 17th June – 23rd June 2019

The main blog headlines are … Monzo and Marcus: American challengers or just noise? My mate Ron Shevlin is on good form these days. He’s written quite a few columns on Forbes that are clickbait: Customers don’t want digital banking The FinTech fast follower fallacy (which I spotted just after writing this yesterday) His latest…

Things worth reading: 21st June 2019

Things we’re reading today include … Global financial bodies not fit for purpose, John McDonnell says Lost wallets more likely to be returned if they contain large sum of money, scientists find Why has Facebook coined their new cryptocurrency Libra? Mark Carney clears the path for new digital currency providers Exclusive: Deutsche Bank braced for…

Things worth reading: 20th June 2019

Things we’re reading today include … Libra: Facebook launches cryptocurrency in bid to shake up global finance Donald Trump attacks ECB for ‘currency manipulation’ Challenger bank CYBG looks to Branson brand Lloyds staff happy with chief executive’s £6.3m pay package, MPs told Britain must act to save banking from decline Facebook cryptocurrency: dawn of the…

Things worth reading: 19th June 2019

Things we’re reading today include … MoneyGram shares more than double on Ripple deal Beware fake payment texts that claim to be from Green Star RBS picks Marieke Flament to head business-focused digital bank Facebook’s Libra launch will extend its global domination Is Facebook’s Libra currency a case of corporate megalomania? | Nils Pratley UK…

Things worth reading: 18th June 2019

Things we’re reading today include … Why the Dutch Hate Bankers Lloyds launches a banking app to view current accounts, savings and credit cards all in one place The Bank of England’s biggest problem? The City of London Loot founder and 17 team members join RBS’s digital bank Bó KPMG fined $50 million for using…

Things worth reading: 17th June 2019

Things we’re reading today include … Challengers under fire from Bank Bank of England says new lenders could be ill-prepared for downturns Deutsche Bank to set up 50 billion euro bad bank: FT The Bank of England’s biggest problem? The City of London Crypto is coming: get ready to spend Facebook’s money Major global firms…

The Finanser’s Week: 10th June – 16th June 2019

The main blog headlines are … Challenger banks don’t matter as they’re not a primary account During Money 2020 Europe, I bumped into a chap from Monzo. No names mentioned, but he was buzzing and no wonder. The start-up has just boomed through two million users and is growing at over 60,000 account openings a…

Things worth reading: 14th June 2019

Things we’re reading today include …. Britain’s wildly popular Monzo banking app is coming to America Meet the British Banks showing the US how it’s done Truist will soon be one of America’s biggest banks Digital technology will strengthen America’s biggest retail banks Facebook hires UK bank lobbyist ahead of cryptocurrency launch We do not…

Things worth reading: 13th June 2019

Things we’re reading today include …. IBM, Hyperledger Blockchain ID System for Banks Launches in Brazil This branchless bank quadrupled its customer base to 4 million in a single year Square Wants You to Use Its Cash App Like a Bank Account Goldman Sachs offering to pay for Marcus bank’s customers’ silence Southeast Asian tech…

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