Things we’re reading today include … ECB prepares ‘bad bank’ plan for wave of coronavirus toxic debt The Looming Bank Collapse Goldman Sachs employees to start returning to U.S. offices from June 22 Goldman Sachs closes Marcus account to new UK savers Mike Pompeo criticises HSBC for ‘corporate kowtow’ to China ‘Corporate kowtow to China’…
Things we’re reading today include … UK banks approve £35bn in state-backed loans amid heavy demand Exclusive: Banks to Berlin – Loosen coronavirus cash rules for firms Turkey joins settlement house Euroclear after 8-year talks Pompeo chides HSBC for ‘corporate kowtow’ to Beijing Amanda Staveley exaggerated role in Barclays rescue, court hears Deutsche Bank backs…
Things we’re reading today include … Could you soon be paying your bank to hold your savings? The World’s Best Banks: The Future Of Banking Is Digital After Coronavirus Amanda Staveley sues Barclays for £1.5bn in high court Covid-19 pandemic risks dramatic rise in poverty, warns World Bank EY fights fires on three audit cases…
Things we’re reading today include … You may be in love, but you should always have your OWN bank account Bank boss tells lenders to be ready for no-deal Brexit Digital IDs could end the need for in-bank visits and banish passwords £36bn of government-backed loans will be toxic, taskforce warns Fidelity chief warns of…
The main blog headlines are … No one changes behaviour … unless forced to I see lots of surveys and research about the use of technology in finance. Things like 47 percent of consumers are interested in biometric payments or 80 percent of consumers would use mobile payments. Then you look at the adoption rates…
Things we’re reading today include … Can you help? (research request) Goldman Sachs executive’s email making plea for racial equality goes viral at firm Revealed: UK banks and investors’ $2bn backing of meat firms linked to Amazon deforestation Wealth management faces fallout from coronavirus ESG investors get their heads around social risks Can Hong Kong…
Things we’re reading today include … Mastercard boss: ‘Leaders must reassure staff’ Wall Street closes sharply higher on signs of economic rebound Bank of England urges lenders to bolster no-deal Brexit plans Cards made up more than half of payments ‘for first time’ last year George Floyd: SoftBank launches $100m minorities startup fund Coronavirus: Australia…
Things we’re reading today include … Lending platforms face battle for independence Coronavirus: Debt letters ‘make money problems worse’ UK consumers repay record £7.4bn of debt in Covid-19 lockdown House prices see largest monthly fall for 11 years, says Nationwide Traders want shorter days, says London Stock Exchange The G20 should be leading the world…
Things we’re reading today include … For all his woes, at least Sunak does not need to worry about stagflation | Larry Elliott Judge orders Barclays to hand documents to Amanda Staveley ahead of trial Shopper numbers surge 36% as lockdown in England relaxed Has the investment industry learnt from the Woodford scandal? Global remittances…
Things we’re reading today include … UK banks warn 40%-50% of ‘bounce back’ borrowers will default Could you have to pay your bank to save money? Women-led hedge funds beat male rivals in coronavirus crisis Citi warns markets are out of step with grim reality Coronavirus is our chance to completely rethink what the economy…
