Things we’re reading today include … Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe Hong Kong’s bourse seeks to snap up the London Stock Exchange Steven Mnuchin begins reforming America’s giant mortgage-guarantee firms Google to pay €1bn to end French tax probe Hong Kong stock market operator tumbles after £32bn LSE bid…
Things we’re reading today include … Big banking profits should invite questions Banks hold £1.2 trillion of our savings Sunsetting Python 2 is a bit of an issue for banks like JPMorgan Banks allow customers to bank cheques made out to their middle names Banking on equality: are LGBTQ credit unions the answer to financial…
Things we’re reading today include … Why are people shopping online late at night? Eurofi: inside the think-tank at the heart of the EU Former PM’s Brexit negotiator joins Goldman Sachs Deutsche Börse’s Eurex makes fresh euro clearing push ahead of Brexit Bank of America’s push to turn around investment bank is bearing fruit Big…
Things we’re reading today include …. What’s Driving The Digital Banking Boom In Latin America Eurofi: inside the ‘think-tank’ at the heart of the EU KPMG predicts no-deal Brexit recession in 2020 Dorian industry insured losses seen in several billions of dollars: Munich Re Not so grand: the FCA must protect investors in high-risk mini-bonds…
Things we’re reading today include … A new digital bank is scooping up teenage customers before big banks get to them Smile-to-pay: Chinese shoppers turn to facial payment technology Names and phone numbers of 18m British Facebook users found online, prompting privacy watchdog probe UK slips closer to recession as service sector slows U.S. services…
The main blog headlines are … Are humans really needed for banking? I enjoy being around bankers who have been immersed in the industry nearly all of their lives and hearing their war stories. I heard two stories recently from a retiring banker, and thought it worth sharing to show just how far we’ve come….
Things we’re reading today include … U.S. SEC fines Deutsche Bank $16 million to settle foreign corruption charges Can the Fed’s chair shake off the wolves of Wall Street and White House? Jes Staley: the last man in European investment banking Wells Fargo pays $6.5 million to Navajo Nation over ‘predatory’ practices Apple and Goldman…
Things we’re reading today include … Deutsche Bank clamps down on hiring amid €7.4bn restructuring Atom Bank boss Mark Mullen: “Banks in a hurry are taking risks or cutting corners” Contactless cards could get fingerprint upgrade Citigroup, BNP caught up in U.S. case against Huawei CFO: documents US federal deficit to reach $1tn next year,…
Things we’re reading today include … Monzo customers to receive salaries a day early under new feature from app-only bank Bank branches could fall below 800 after cuts 300 in three years JPMorgan metals trader pleads guilty to spoofing, resigns from bank FDIC approves Volcker revamp, in latest move to roll back bank rules Humbled…
