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The Finanser’s Week: 28th May 2018 – 3rd June 2018

The main blog headlines are … So you think Alipay is just for the Chinese? I’ve got caught in a few discussions recently with people who tell me Ant Financial are Chinese. They’re not. Neither is Alibaba and, if you think they’re just Chinese, you’re going to miss a huge change in the next decade….

Things worth reading: 1st June 2018

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 worth reading: 30th May 2018

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 worth reading: 29th May 2018

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 worth reading: 28th May 2018

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…

The Finanser’s Week: 21st May 2018 – 27th May 2018

The main blog headlines are … Dubai: cutting edge or bleeding edge? I travel a lot and go to several countries that have smart leadership and smart cities. These cities and countries – you know who you are – are in the forefront of innovation and claim to be visionary. So, I was surprised when…

Things worth reading: 25th May 2018

Things we’re reading today include … Amazon can go big in finance but is unlikely to open a bank, Goldman says Bank ready to act if UK faces disorderly Brexit, Mark Carney says The World’s Most Profitable Banks Can Be Found in India Trump signs the biggest rollback of bank rules since the financial crisis…

Things worth reading: 23rd May 2018

Things we’re reading today include … Small banks trump Wall Street on Dodd-Frank rewrite City watchdog tells banks to uncover ‘dirty money’ with robots and AI Deutsche Bank chair Paul Achleitner faces investor revolt Banks ‘charging more’ for overdrafts than payday lenders Nationwide warns of ‘intense competition’ as profits slide New York Stock Exchange appoints first…

Things worth reading: 22nd May 2018

Things we’re reading today include … Japan’s Biggest Bank to Switch on Blockchain Payments in 2020 Could smartphones replace bank branches? Ant Financial valued at $150bn in offering City watchdog bans finance boss of firm owned by couple dubbed ‘vampires of debt’ Qatar charges against Barclays dismissed Barclays may have been cleared, but scrutiny of…

Things worth reading: 21st May 2018

Things we’re reading today include … UK turns blind eye to dirty Russian money, say MPs TSB customers still unable to access accounts four weeks after ‘glitch’ Italy must present Monte dei Paschi exit plan by 2019: CEO tells paper City risks backlash with plea for visa waiver after Brexit Macquarie Bank withheld $875,000 from…

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