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Things worth reading: 22nd March 2019

Things we’re reading today include … The British Pound: Bank of America Eyes 10% Increase A bank-by-bank guide to analyst pay and bonuses Nationwide makes high street bank branch closure pledge Listen: Financial advice for young people, crowdfunding and why Brexit has ruined my dinner parties Sovereign wealth funds cut UK investment ahead of Brexit…

Things worth reading: 21st March 2019

Things we’re reading today include … A Proposed Megadeal Exposes the Grim Outlook for Europe’s Banks Growing payments firms may pose systemic risk Banks progress on adhering to stricter international rules The welcome sight of banks rowing back on executive pensions | Nils Pratley Inside the Fed’s balance sheet in four charts Brexit only costs:…

Things worth reading: 20th March 2019

Things we’re reading today include …   Forty-year mortgages: life sentence or life raft? Lloyds faces £300m bill for SLA divorce Citi starts up post-Brexit Frankfurt trading hub U.S. bank regulator fines Citigroup $25 million for violating fair lending rules UK to lose £1tn of financial assets to Europe due to Brexit Elon Musk never…

Things worth reading: 19th March 2019

Things we’re reading today include … Are 40-year mortgages becoming the new normal? U.S. firm FIS buys Worldpay for $35 billion in payments deal bonanza FIS/Worldpay: thrust and parricide Goldman Sachs sets targets for Hispanic and black entry-level hires Why has the US Fed turned away from interest rate rises? | Nouriel Roubini German lawmakers…

Things worth reading: 18th March 2019

Things we’re reading today include … Regulators press for overhaul of Metro Bank board UK bankers on standby as City readies no-deal contingency plans More than £100bn of UK property is secretly owned Brexit spurs biggest cut in UK business investment in 10 years: BCC Banks discriminating against the vulnerable, finance expert says Merger of…

The Finanser’s Week: 11th March – 17th March 2019

The main blog headlines are … Transforming the bank: three phases of change I’ve mentioned quite often that you cannot sort out all of the banks systems and structures overnight. It has to be a slow burn and often takes more than five years. It also appears to take place in three phases. The first…

Things worth reading: 15th March 2019

Things we’re reading today include … Top 10 Fintech Companies to Watch in 2019 Berlin’s Bad Bank Idea Cryptocurrencies Pose Risks to Banks, Warns Basel Committee Nine banks win dismissal of Canadian rate-rigging lawsuit in U.S. U.S. considers sanctions to restrict Visa, Mastercard in Venezuela: official BBVA honorary chairman ‘temporarily’ steps down amid spying probe…

Things worth reading: 13th March 2019

Things we’re reading today include … For all their high hopes, the challenger banks have finished up on the ropes Why are Banks reluctant to Bank Crypto? Bank of England ‘must practice what it preaches’ Monzo pips First Direct to top our customer service poll Wonga compensation claims rise fourfold StanChart suffers senior private banker…

Things worth reading: 12th March 2019

Things we’re reading today include … Wells Fargo’s CEO says the bank has changed. Congress isn’t so sure Deutsche Bank’s Arranged Marriage Gets Shove From ECB Sweden Wants a Bank Tax That ‘Really Hits’ the Right Targets NatWest trials fingerprint debit cards to remove £30 limit Brexit fallout on UK finance intensifies: think tank UBS…

Things worth reading: 11th March 2019

Things we’re reading today include … NatWest to pilot biometric fingerprint bank card BOE Asks Banks to Boost Liquid Assets Ahead of Brexit Fintech startup Raisin buys a bank Bank of England takes action over Visa card payment outage Frustration over Mifid and Priips hits boiling point To lure young talent, banks mimic tech workspaces…

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