Things we’re reading today include … Deutsche Bank clamps down on hiring amid €7.4bn restructuring Atom Bank boss Mark Mullen: “Banks in a hurry are taking risks or cutting corners” Contactless cards could get fingerprint upgrade Citigroup, BNP caught up in U.S. case against Huawei CFO: documents US federal deficit to reach $1tn next year,…
Things we’re reading today include … Monzo customers to receive salaries a day early under new feature from app-only bank Bank branches could fall below 800 after cuts 300 in three years JPMorgan metals trader pleads guilty to spoofing, resigns from bank FDIC approves Volcker revamp, in latest move to roll back bank rules Humbled…
Things we’re reading today include … ECB Says the Next European Bank Hack Is Just a Matter of Time Bank of America Applies for Multi-Tiered Crypto Wallet Patent Is mobile banking app Monzo too good to be true? Banking bodies look at shorter trading day to draw women Saxo chief predicts more fintech takeovers Why…
Things we’re reading today include … HSBC: Chinese headwinds threaten to blow bank off course Bank of England boss Mark Carney pulls out of UK-China dinner ‘Workaholic’ Alison Rose poised to take on the ‘toughest role in banking’ to become the first female boss of RBS Australian regulator promises big bank lawsuits by year-end JPMorgan…
Things we’re reading today include … Microfinance is driving many Sri Lankan borrowers to despair Malaysia charges 17 Goldman Sachs executives The chilling economic effects of Brexit uncertainty are intensifying Metro top and RBS bottom in banks’ customer ratings Countries most exposed to climate change face higher costs of capital Capital One accused ‘breached 30…
Things we’re reading today include: Barclays ends partnership with cryptocurrency exchange Coinbase BCR awards £10m to Atom bank ECB tells UK banks to speed up staff moves to EU as Brexit looms German economy slips back into negative growth German fintech N26 appeases regulators as it eyes future IPO Monzo launches short-term loans for 2.5m…
Things we’re reading today include … Danish bank launches world’s first negative interest rate mortgage Apple/Goldman Sachs: pay pals U.S. SEC to consider new guidance on investor use of proxy advisors What comes after Bretton Woods II? U.S. FTC chief says regulator is prepared to break up big tech firms: Bloomberg Fidelity battles IRS in…
Things we’re reading today include … German financial sector ‘expects No Deal’ and wants no more concessions from EU Could devaluation of China’s yuan trigger the next financial crisis? | Larry Elliott Investment bank job cuts are now a one-way street Digital challenger banks stockpile cash at record rate African Americans underserved by U.S. banks:…
Things we’re reading today include … Mexican banks report failures in processing card payments RBS ‘set to appoint Rose as next boss’ Sustainable funds more likely to be top performers, study shows And the next Bank of England governor will be … The bank that likes to say no … to bad habits Goldman Sachs…
