Things we’re reading today include … Metro Bank to replace founder Vernon Hill as chairman Betterment wants your bank account as well as your investments Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources Free cash machines so rare people are now prepared to drive five miles to avoid paying, survey finds Nationwide doubles overdraft…
Things we’re reading today include … Of course, Jeff Epstein moved his dirty money through Deutsche Bank … where else? Australian regulator proposes tougher rules on bankers’ pay China’s credit push to small firms falters in factory heartland Expand credit unions as alternative to payday lenders, FCA urges Equifax consumers face uphill battle for claims…
Things we’re reading today include …. UBS posts surprise second quarter profit boost What’s the best way to stay awake in meetings? Neil Woodford’s listed fund invests £10m in Atom Bank Equifax to pay up to $700m to settle data breach Will America go from hunter to hunted in cross-border tax evasion? The links between…
The main blog headlines are … The UN’s SDG’s, FinTech and Banking Due to various connections, I was asked to deliver the opening keynote speech at the United Nations High Level Political Forum last week (some coverage here). It was one of those rare occasions where I got nervous, looking out at the faces of…
Things we’re reading today include … Bank of America CEO on the importance of digital banking Australia’s NAB turns to RBS turnaround man Ross McEwan as CEO The pound’s slide is about more than Brexit Goldman Sachs’ equities-backed earnings results may face pressure Revolut’s growing pains rumble on The future of insurance is happening without…
Things we’re reading today include … German online bank N26 valued at $3.5bn after investment Bitcoin tumbles as U.S. senators grill Facebook on crypto plans City watchdog admits investment rules too complex for staff Pound could fall to parity with dollar on hard Brexit concerns Bank of America trims net interest income guidance Rothschild/Mifid II:…
Things we’re reading today include … Visa invests in Indonesian ride-hailing firm Go-Jek Facebook vows Libra currency will wait for approval as U.S. airs worries ‘Breathtaking arrogance’: senators grill Facebook in combative hearing over Libra currency Christine Lagarde resigns as head of IMF Apra to be given new powers after scathing review of financial watchdog…
Things we’re reading today include … Christine Lagarde will have to confront Berlin if she’s to save the euro | Yanis Varoufakis Facebook’s Libra could be misused, says treasury chief Mnuchin New £50 note design sees Alan Turing become first LGBT person on a UK banknote Digital upstarts need to play by the same rules…
Things we’re reading today include … French financial regulator wants more flexible market rules U.S. proposes barring big tech companies from offering financial services, digital currencies City regulator fines balloon to £320m in six months Will Mark Carney and George Osborne vie for the top IMF job? Partial ECM exit to leave Deutsche Bank focused…
The main blog headlines are … Two weeks to pay someone? Luxury! Being raised on Monty Python, an old sketch popped into my head (The Four Yorkshire Men) and led to a thought. A grandfather and grandson are at the dinner table … Grandfather: Ah, when I was a lad, life was very different. Grandson: In…
