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Things worth reading: 10th October 2018

Things we’re reading today include … Credit union in wealthy London borough collapses Emerging economies at risk amid ‘complacent’ markets, IMF says EU financial sector at risk as derivative deal stalls Convicted former UBS trader to be freed from UK immigration centre Global financial stability risks rising with trade tensions, IMF says Bank of England…

Things worth reading: 9th October 2018

Things we’re reading today include … Banks face continued IT woes as legacy infrastructure holds them down Goldman Sachs bank Marcus attracts 50,000 savers in less than two weeks with best-buy rate Was There a Connection Between a Russian Bank and the Trump Campaign? JPMorgan’s requirement for new staff: coding lessons Banks seem doomed to…

Things worth reading: 8th October 2018

Things we’re reading today include … Tandem Bank narrows losses as revenue run rate rises to £15m Shadow banks, trade wars, Trump … clouds gather over the IMF’s paradise Brexit anxiety for businesses ‘at highest since referendum’ Bank of England’s Andy Haldane to chair industry body Why are investment banks nervous about Australia’s cartel case?…

The Finanser’s Week: 1st October – 7th October 2018

The main blog headlines are … If you think it’s evolution and not revolution, think again Another regular argument I’m having is whether digital is a revolution or evolution. I firmly believe it is revolutionary. When industries are being rebuilt from the ground-up with new technologies and new business models, then it is a revolution….

Things worth reading: 4th October 2018

Things we’re reading today include … Race bias lawsuit against Morgan Stanley sent to private arbitration What a **checks notes** £1.2bn company looks like Fintech bolsters Bahrain resurgence as finance hub Watchdogs get a taste of their own medicine as regulators come under scrutiny Tech giants allied against proposed Australia law seeking encrypted data Donald…

Things worth reading: 2nd October 2018

Things we’re reading today include … Euro slides after Italian lawmaker mentions return to own currency Tesco Bank fined £16.4m by watchdog over cyber-attack Policymakers share blame for the shadow banking boom Turkey arrests 417 for transferring foreign currency abroad City boss on board of conservation charity pictured with slaughtered animals from African big game…

Things worth reading: 1st October 2018

Things we’re reading today include … Digital start-ups complain they’re being frozen out of £775m RBS remedies contest City minister vows to defend London London’s online trading groups hit by European crackdown Overseas banks push for tax cuts ahead of Brexit How the IMF can manage the global economy better SEC’s focus on U.S. corporate…

The Finanser’s Week: 24th September – 30th September 2018

The main blog headlines are … Breaking through the barricades I blog a lot about banks needing to change and adapt. I do not blog about the end of banks and I do not predict that banks will be destroyed. I do predict that banks that do not change and adapt will be destroyed, and…

Things worth reading: 28th September 2018

Things we’re reading today include … RBS prepares to launch standalone digital bank Is Goldman Sachs’ new fund really just greenwashing stocks? Brexit watch – experts debate data | Andrew Sentance and David Blanchflower U.S. regulator sues Musk for fraud, seeks to remove him from Tesla Goldman, JPMorgan, four others must face stock lending antitrust…

Things worth reading: 27th September 2018

Things we’re reading today include … BBVA’s Francisco González retires after 18 years City insists Brexit still poses long-term risk to jobs, but just 630 roles have moved to date UBS: floor show Barclays apologises after incorrectly telling some customers they didn’t have PPI World’s largest biometric ID system approved by Indian court as 1…

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