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Things worth reading: 16th August 2019

Things we’re reading today include … Microfinance is driving many Sri Lankan borrowers to despair Malaysia charges 17 Goldman Sachs executives The chilling economic effects of Brexit uncertainty are intensifying Metro top and RBS bottom in banks’ customer ratings Countries most exposed to climate change face higher costs of capital Capital One accused ‘breached 30…

Things worth reading: 15th August 2019

Things we’re reading today include: Barclays ends partnership with cryptocurrency exchange Coinbase BCR awards £10m to Atom bank ECB tells UK banks to speed up staff moves to EU as Brexit looms German economy slips back into negative growth German fintech N26 appeases regulators as it eyes future IPO Monzo launches short-term loans for 2.5m…

Things worth reading: 14th August 2019

Things we’re reading today include … Danish bank launches world’s first negative interest rate mortgage Apple/Goldman Sachs: pay pals U.S. SEC to consider new guidance on investor use of proxy advisors What comes after Bretton Woods II? U.S. FTC chief says regulator is prepared to break up big tech firms: Bloomberg Fidelity battles IRS in…

Things worth reading: 13th August 2019

Things we’re reading today include … German financial sector ‘expects No Deal’ and wants no more concessions from EU Could devaluation of China’s yuan trigger the next financial crisis? | Larry Elliott Investment bank job cuts are now a one-way street Digital challenger banks stockpile cash at record rate African Americans underserved by U.S. banks:…

Things worth reading: 12th August 2019

Things we’re reading today include … Mexican banks report failures in processing card payments RBS ‘set to appoint Rose as next boss’ Sustainable funds more likely to be top performers, study shows And the next Bank of England governor will be … The bank that likes to say no … to bad habits Goldman Sachs…

The Finanser’s Week: 29th July – 11th August 2019

The main blog headlines are … Eyes wide open I sat through a soul-destroying meeting the other day. The meeting was with a C-level decision maker in a bank, and we were brainstorming. Ideas were flowing and, at the end of the ideation process, we went to see the C-level person to get his ……

Things worth reading: 9th August 2019

Things we’re reading today include: Investec hit by shareholder protest over auditors Core elements of the global banking industry are moving to India HSBC sticks by US strategy despite missing targets Should we worry about a currency war? The trade war escalates, and the fog of war descends The Fed says it will build a…

Things worth reading: 8th August 2019

Things we’re reading today include … Banker drowns himself in private swimming pool after becoming convinced he was going to prison Gold rises to $1,500 an ounce for first time in six years Can $5bn Klarna avoid the fate of other Swedish unicorns? Dollar will be cut down to size if Fed gives in to…

Things worth reading: 7th August 2019

Things we’re reading today include … Mastercard buys Nets Group’s unit for $3.2bn Sweden’s Klarna becomes biggest fintech firm in Europe JPMorgan confirms winning bid to take majority stake in China fund JV No-deal Brexit: How might it affect the EU? Some Wall Street workers face pay slump in 2019: report Commerzbank’s targeted rise in…

Things worth reading: 6th August 2019

Things we’re reading today include … PIN the blame on us, says Monzo in mondo security blunder: Bank card codes stored in log files as plain text The new IMF chief should not be chosen by Europe alone | Amanda Khozi Mukwashi HSBC CEO Flint leaves abruptly after only 18 months in role ANZ scraps…

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