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…
Things we’re reading today include … HSBC rocked by claim of investment bank’s ‘failure’ Danske: anatomy of a money laundering scandal Deutsche Bank mulls merger scenario with UBS: Handelsblatt UK bank customers lost £500m to scams in first half of 2018 Former UBS trader to remain in detention as he fights deportation Head of Argentina’s…
Things we’re reading today include … Top investor slashes stake in London Stock Exchange a year after board showdown Citigroup settles U.S. robo-signing case tied to consumer bankruptcies Tesco Bank faces record fine over 2016 cyber attack Deutsche Bank warned over money-laundering as auditor appointed Fears of no-deal Brexit push British export orders close to…
Things we’re reading today include … Barclays chair condemned after claiming many PPI claims are fraudulent Danske Bank board close to appointing new CEO: Finans Fintech pair aim to disrupt industry with investments for millennials Winklevoss crypto exchange explores UK market Revolut hedges Brexit risk with Luxembourg licence Debts, over-stretched markets and global slowdown threaten…
The main blog headlines are … Over the next decade, over $2.5 trillion will be generated by blockchain trade I just saw a report from the World Economic Forum, who estimate that over $1 trillion in new trade will be created through blockchain-based distributed ledger technologies (DLT) over the next decade. They also estimate it…
Things we’re reading today include: French court rejects Jérôme Kerviel request for retrial HSBC’s turnround: a touchy feely recipe for success Barclays customers vent their anger after banking services go down for several hours Danske Bank money laundering ‘is biggest scandal in Europe’ Barclays internet banking restored after technical problem Britain lets Putin move his…
Things we’re reading today include … Funding Circle seeks valuation of up to £1.8bn in IPO Social media could destabilise the economy, Bank of England warns Danske bank chief resigns over €200bn money-laundering scandal World Bank reports slower progress on extreme poverty TSB to bid for £833m RBS fund despite IT meltdown Bank of America…
Things we’re reading today include … Fewer than 2pc of bank chiefs worldwide are women despite value of female executives, says IMF Why Is This Supersafe Bank Scaring the Fed? Impact of automation on jobs has been overstated, claims Bank of England’s Mark Carney Banks step up to the fintech threat CBW Bank talks digital…
Things we’re reading today include … Mark Carney’s stress tests reinvent project fear by accident Deutsche to shift more assets to Frankfurt, ringfence UK operations after Brexit: source Flood of payouts ‘could crash Bitcoin market’ ‘Illusion’ to think states can completely prevent financial crises: Weidmann JP Morgan chief Dimon says shouldn’t have made remarks about…
The main blog headlines are … Ten years since Lehmans collapsed and the GFC started It’s September 14. It’s exactly ten years since Lehman Brothers collapsed. It’s ten years since the touchpaper was lit that sparked the Global Financial Crisis (GFC). It’s exactly ten years since I landed in Vienna for Sibos 2008 on Sunday, September…
