Things we’re reading today include … Unemployment due to Covid-19 is surely worth more than a footnote | Larry Elliott EU could open legal case against Germany over ECB bond-purchases ruling: Commission Andrew Bailey needs to be more convincing about the path to recovery For central banks, hope for precision fades amid pandemic uncertainty Lloyds…
Things we’re reading today include … Investors row back on ethical principles, research shows A perky stockmarket v a glum economy Credit-rating agencies are back under the spotlight Emerging markets launch QE, too Coronavirus bailouts: Which country has the most generous deal? Losses by central banks are nothing to fear
Things we’re reading today include … Banking the rich and famous: the rise of private digital banks Bank of England expected to hold off on fresh stimulus for now Coronavirus threatens future of eurozone, Brussels warns Small firms secure £2bn in bounce-back loans in first 24 hours Virgin Money suspends thousands of credit cards with…
Things we’re reading today include … Top Wirecard shareholder calls on board to end ‘whitewash’ Brexit talks hurtling towards new crisis point, says Irish foreign minister When the banks closed in Wuhan, nobody cared Coronavirus: Barclays customers struggle to get ‘vital’ loans Jolt to eurozone as German court warns against central bank stimulus UK’s biggest…
Things we’re reading today include … Revolut on the hunt for acquisitions CEOs cutting salaries is mostly a ‘publicity stunt’ How the paper trail went cold in KPMG’s special audit of Wirecard Coronavirus: UK banks get 45,000 loan applications on first day RateSetter halves payouts to investors Managing identity risk is the key to establishing…
Things we’re reading today include … Mifid II influence spreads beyond EU borders Donald Trump pushes for an economic reopening Warren Buffett dumps US airline stocks, saying ‘world has changed’ after Covid-19 U.S. processes over $500 billion in small business loans to stem coronavirus fallout UK business confidence at all-time low, Deloitte report reveals Why…
Things we’re reading today include … Lloyds profits crash 95% as bank covers expected surge in bad debts Banks ‘can do more’ to compensate fraud victims How to detect business fraud Why the unemployed in America could face a lost decade Global equities dip at end of best month since ’09 Goldman Sachs pay vote…
Things we’re reading today include … Barclays may have to put aside £4.5bn to cover bad debts due to coronavirus StanChart eyes quick recovery as profit falls 12% on coronavirus crisis Barclays boss: Big offices ‘may be a thing of the past’ ‘No prospect’ of UK government selling RBS stake soon Wirecard: what KPMG’s report…
Things we’re reading today include … Coronavirus ‘will hasten the decline of cash’ Coronavirus: HSBC puts 35,000 job cuts on hold UBS profits jump 40% as wealth unit performs robustly Ten reasons why a ‘Greater Depression’ for the 2020s is inevitable FCA tells banks advising on debt not to muscle into equity raising Economic recovery…
