Things we’re reading today include … Data on modern finance reveals uncomfortable truths Indian banks’ share prices are being hammered Hong Kong’s pursuit of the London Stock Exchange ends in tears A group of fintech firms are changing the way consumers borrow The issuer of a star cryptocurrency is being sued for $1.4trn £20 note:…
Things we’re reading today include … Deutsche Bank Plans About Half of 18,000 Job Cuts in Germany Baptism of fire for new RBS boss: Alison Rose faces court battle over claim that bank trashed small businesses Race to become UK digital banking leader hots up Unicef now accepting donations through bitcoin and ether Barclays blow…
Things we’re reading today include … ‘I’m being jailed for four emails from 12 years ago’ HSBC to cut up to 10,000 jobs in drive to slash costs: FT Ex-Barclays executives face fraud trial over Qatar rescue Online wealth manager Nutmeg reveals widening losses Libra: PayPal first to drop out of Facebook cryptocurrency Betting on…
The main blog headlines are … Banks are product not customer focused I walked into a grocer’s store the other day. The store was resplendent with fruits of all colours and continents. There were red, yellow and green peppers; carrots, courgettes and cauliflowers; oranges, apples and bananas of both large and small; watermelons, honey melons…
Things we’re reading today include … Small banks must step up if they want to keep their small-business customers PayPal on the verge of quitting Facebook’s Libra project It has been a torrid week for Indian banks Wealth taxes have moved up the political agenda ‘I was scammed by a fraud so ingenious even bank…
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…
