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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…

Things worth reading: 30th July 2019

Things we’re reading today include … Pound sinks to 28-month low on Brexit fears Capital One says information of over 100 million individuals in U.S., Canada hacked Bank of America ends joint venture with Fiserv’s First Data Dark web criminal bought ‘quadrillions of Zimbabwe bank notes’ Barclays, RBS and other banks face £1bn forex rigging…

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…

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