Things we’re reading today include … At last, US banks are introducing contactless cards Ex-Goldman Sachs banker denied bail in Malaysia pending extradition to U.S. Super-rich sabbatical: the boom in luxury long breaks for the 1% The proof that Facebook is broken is obvious from its very modus operandi | John Naughton Average UK household…
Things we’re reading today include … U.S. Bank Regulators Warn of ‘Living Will’ Shortcomings at Four Foreign-Owned Banks Deal of the year: Digital banks India’s Assault on Central Bank Autonomy Is Just Starting Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT Co-author of Danske trades memo among arrested ex-employees Bitcoin could be overseen…
Things we’re reading today include … Bank apologizes for calling police on black man trying to cash paycheck Bank of England rebuked over £5m in unchecked spending Square makes a second attempt to break into banking Estonia arrests 10 in Danske Bank money laundering case Ant Financial’s Sesame Credit struggles to prove itself FCA to…
Things we’re reading today include … Cashless revolution ‘happening too fast’ as millions of consumers face exclusion from shops and restaurants JPMorgan tries to streamline spending in tech arms race High taxes could hasten bank moves from Britain after Brexit MPs call for resignation of Lloyds Bank CEO Investors revolt against executive pay plans at…
Things we’re reading today include … Bank CFOs Are Embracing The Digital Future Malta To Get A Blockchain Bank Ex-president of only bank charged with fraud in US crisis bailout program gets 6 years prison Bank of England could include climate change impact in UK stress tests next year If you thought 2018 was bad…
The main blog headlines are … Open Banking: Strategy and Presentation I haven’t given away my slides and presentation for a while, as it’s part of my unique armoury, but I’m bored with my latest slide deck so here it is. Open Banking Strategy and Business Model from Chris Skinner And just in case it…
Things we’re reading today include … UK-based fintech startup Revolut receives European banking licence Deutsche Bank shares surge on report Germany plans to fix bank’s problems with merger Raining banknotes shut down German motorway ECB to halt €2.6tn stimulus plan despite eurozone slowdown concerns Man who stood in line to rob bank wearing mask and…
Things we’re reading today include … Need a bank to send money abroad? It’s faster to take a suitcase of cash on a plane At this new online banking platform, customers are the owners Westpac shareholders hit bank with first strike against executive pay Bank stocks get crushed as the market plummets Highlights: Key quotes…
Things we’re reading today include … Cryptocurrencies are like lottery tickets that might pay off in future | Kenneth Rogoff Standard Chartered cuts jobs in UAE retail bank: sources Mifid II leads to global demand for transparency Big banks reaped $1bn from home loans ‘while customers lost hundreds’, ACCC says Global super-rich bought 153 homes…
