Things we’re reading today include … Bank of America will no longer do business with companies that run detention centers Startup bank Aspiration is trying to be the anti-Wells Fargo. It’s working Mifid II tightens Wall Street’s grip on trading Former UBS compliance officer convicted of another count of insider trading JPMorgan Chase in talks…
Things we’re reading today include … Monzo now valued at more than £2 billion The new left economics: how a network of thinkers is transforming capitalism The FCA – a watchdog too nice and chummy to bark or bite Facebook’s Libra cryptocurrency faces questions from international regulators Flawed rules contributed to Woodford fund meltdown, says…
Things we’re reading today include … Has Deutsche Bank left it years too late for a turnaround? U.S. regulators ask Deutsche Bank to explain ‘bad bank’ proposal – FT Britain’s HSBC to help modern slaves ‘rebuild lives’ with bank access Malaysia’s 1MDB criminal case against Goldman Sachs delayed to September Vanguard’s tie-up with Ant targets…
The main blog headlines are … Monzo and Marcus: American challengers or just noise? My mate Ron Shevlin is on good form these days. He’s written quite a few columns on Forbes that are clickbait: Customers don’t want digital banking The FinTech fast follower fallacy (which I spotted just after writing this yesterday) His latest…
Things we’re reading today include … Global financial bodies not fit for purpose, John McDonnell says Lost wallets more likely to be returned if they contain large sum of money, scientists find Why has Facebook coined their new cryptocurrency Libra? Mark Carney clears the path for new digital currency providers Exclusive: Deutsche Bank braced for…
Things we’re reading today include … Libra: Facebook launches cryptocurrency in bid to shake up global finance Donald Trump attacks ECB for ‘currency manipulation’ Challenger bank CYBG looks to Branson brand Lloyds staff happy with chief executive’s £6.3m pay package, MPs told Britain must act to save banking from decline Facebook cryptocurrency: dawn of the…
Things we’re reading today include … MoneyGram shares more than double on Ripple deal Beware fake payment texts that claim to be from Green Star RBS picks Marieke Flament to head business-focused digital bank Facebook’s Libra launch will extend its global domination Is Facebook’s Libra currency a case of corporate megalomania? | Nils Pratley UK…
Things we’re reading today include … Why the Dutch Hate Bankers Lloyds launches a banking app to view current accounts, savings and credit cards all in one place The Bank of England’s biggest problem? The City of London Loot founder and 17 team members join RBS’s digital bank Bó KPMG fined $50 million for using…
Things we’re reading today include … Challengers under fire from Bank Bank of England says new lenders could be ill-prepared for downturns Deutsche Bank to set up 50 billion euro bad bank: FT The Bank of England’s biggest problem? The City of London Crypto is coming: get ready to spend Facebook’s money Major global firms…
The main blog headlines are … Challenger banks don’t matter as they’re not a primary account During Money 2020 Europe, I bumped into a chap from Monzo. No names mentioned, but he was buzzing and no wonder. The start-up has just boomed through two million users and is growing at over 60,000 account openings a…
