Things we’re reading today include … TSB chief under pressure to quit after rebuke from MPs London Stock Exchange trading opens hour late after ’embarrassing’ blackout Ant Financial valued above Goldman Sachs in $14bn funding MPs gun for under-fire TSB chief after IT fiasco SocGen executives ordered Libor rigging, US prosecutors believed Ex-Anglo Irish Bank…
Things we’re reading today include … Ex-Anglo Irish Bank chief convicted of fraud Wells Fargo isn’t the only bank with fake accounts, regulators say Buffett, Dimon say quarterly profit forecasts harming economy: WSJ TSB says 1,300 people lost money through fraud since IT meltdown – as it happened The world’s richest celebrity power couples TSB…
Things we’re reading today include …. Dutch central bank warns about the rise of the cashless society World Bank warns trade tensions could cause 2008-level crisis RBS shares sold at £2bn loss as Treasury says it is ‘unrealistic’ taxpayers will ever make profit City watchdog criticises TSB’s ‘poor’ communications ahead of second grilling by MPs…
Things we’re reading today include … Major bank CEOs say blockchain will underpin the financial industry ‘in five years’ Deutsche Bank CEO insists financial strength is ‘beyond doubt’ despite rating downgrade Fintech unicorn TransferWise strikes first deal with a major bank to offer cheap currency transfers UK government to sell 7.7% stake in RBS worth…
Things we’re reading today include … Australia’s CommBank accepts record penalty in money-laundering case Westpac lost files of hundreds of clients, whistleblowers say UK ‘should walk’ from EU trade deal rather than City become ‘rule taker’, says senior Tory MEP UniCredit seeks merger with SocGen TSB ‘broke GDPR rules’ with bungled apology letters to customers…
Things we’re reading today include … Lawsuit Reveals Deutsche Bank Probe of Ties to Russian Ministers ANZ, Deutsche Bank and Citigroup face ‘criminal cartel’ charges Credit cards are not dead – consumer debt slump was just a blip Crackdown on high-interest lending announced by FCA ‘I bought my mum a flat’ Australian banking in shock…
Things we’re reading today include … Government urged to use RBS majority stake to veto branch closures Bank of Mum and Dad ‘feels the pinch’ Anti-Brexit tycoon George Soros says EU faces ‘existential crisis’ Complaints about loans see sharp rise Stocks take battering as Italian crisis roils financial markets UBS hires former top civil servant…
Things we’re reading today include … Canadian Banks: Cyber Thieves Claim They Have Stolen 40,000 Clients’ Data China $10 Trillion Shadow Bank Crackdown Has Long Way to Go Blockchain Will Be Adopted by Every Bank More of UK stake in RBS could be sold off this week Graduate applications flood Deutsche and other banks ‘Digital…
Things we’re reading today include … Chinese bank chief found dead inside his office Bank of England open to idea of central bank issued digital currency Busking goes cashless with ‘a world first’ for London RBS told to scrap branch closures to help vulnerable customers RBS’s profits offer the boss some shelter from shareholders For…
