Things we’re reading today include … Visa, Mastercard reconsider backing Facebook’s Libra: WSJ Too big to lend? JPMorgan cash hit Fed limits, roiling U.S. repos ‘Depressing’ gender pay gap widens in fund management firms UBS economist reinstated after China ‘pig’ comments Credit Suisse rocked by suicide as spy scandal deepens Financial advisers and the ‘wealth…
Things we’re reading today include … Fund managers to be made to warn investors in hard-to-sell assets Christine Lagarde must jump-start change in Europe’s economy Euroclear/H&F: swarm clouds Revolut points to ‘viability’ after increasing revenues Wonga’s legacy of nearly 400,000 mis-sold loans PayPal is first foreign company to win Chinese payments licence
Things we’re reading today include … A top banker’s defection from Credit Suisse to UBS is roiling Swiss banking Number of bank transfer scams in UK rises by 40% in a year ABN Amro under investigation for money laundering Banker’s wife who spent £16m in Harrods escapes extradition to Azerbaijan on embezzlement charges Internet sector contributes…
Things we’re reading today include … A third of bank branches closed in less than five years Credit Suisse: watching the detectives Danske Bank: Ex-chief caught up in fraud probe found dead You never go to Pret … and 24 other signs you’ve reached financial maturity Monzo closes premium packaged account to new customers Global…
Things we’re reading today include … Future of Fintech Why robots see no logic in betting against central bankers China’s shadow banking industry roars back The future of the global economy hinges on four games of chicken | Nouriel Roubini Can a computer fool you into thinking it is human? Metro Bank shares plunge after…
Things we’re reading today include … The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor Ex-Wall Street banker Sean Stewart guilty in second insider trading trial Why the index fund ‘bubble’ should be applauded Setback for Metro Bank as investors snub £250m bond sale Shaky start for the new guardians of…
Things we’re reading today include … Lloyds Bank’s fraud detection system ‘the Rat’ sniffs out scammers A bank you might like: apps’ unlikely pitch out to disrupt Australian habits Helena Morrissey tipped to succeed Carney at Bank of England A watershed moment for women as Alison Rose takes charge at RBS Banks worth $47 trillion…
The main blog headlines are … The two big issues bank CEOs have with FinTech For all the talk about how well FinTech start-ups are doing, I hear two regular laments from bank CEOs. First, why aren’t we valued like FinTechs? and second, why aren’t FinTechs regulated like us. On the first point, it’s quite…
Things we’re reading today include … Changing weather could put insurance firms out of business Brexit/City jobs: iffy on the Liffey U.S. stock exchange competition to heat up in 2020 with new entrants FCA attacked by research houses over Mifid II reforms Two British bankers are on trial in Germany’s biggest tax case ‘She picked…
