Things we’re reading today include … Are Apple, Amazon and Facebook the future of banking? Apps are the new bank branches and tellers Thomson Reuters to shift forex derivatives business out of London in Brexit preparation TSB accused of ‘dreadful response’ to meltdown Bank of England deputy apologises for ‘offence caused’ by describing economy as…
Things we’re reading today include … Singapore’s Biggest Bank Takes on China Giants in Fintech Battle Banks are already bumping up against the limits of AI in lending decisions Santander Will Roll Out New Online Bank In UK Inside Shanghai’s robot bank: China opens world’s first human-free branch Eurozone economic slowdown might not be a…
Things we’re reading today include … People who used Barclays Bank cash machines were charged twice Eisman of ‘The Big Short’ Fame Recommends Shorting Deutsche Bank A German bank is using Bitcoin to handle international loans The UK economy’s slowdown is clear to all. Except the Bank of England HSBC says performs first trade finance…
Things we’re reading today include … Bank of Canada says strengthening defences against cyber attack ?Why NAB won’t be upgrading its core banking platform any time soon Goldman Sachs lays out bullish case for U.S. bank stocks Switzerland is about to vote on whether to send its financial system back to the Dark Ages in…
Things we’re reading today include … Recession won’t come until at least 2021, Bank of America Deutsche Bank Weighs Cutting U.S. Staff by About 20% Chinese banks are big. Too big? As Cryptocurrencies Rise, Who Needs Banks? Swedish fintech group iZettle to seek $1.1bn valuation in IPO RBS boss tells MPs branch closures ‘difficult’ but…
Things we’re reading today include … Denmark’s Danske Bank caught up in major money laundering scandal ‘We want to get cash out of the system’ with mobile payments, Bank of America’s digital chief says Why Bank of America is funding rifle maker despite pledge to end gun support RBS boss to face MPs over branch…
Things we’re reading today include … Venezuela Spends 20,000 Petro to Create a Digital Cryptocurrency Bank Blind customers locked out by bank web upgrades Bank Stocks Have Peaked, Here’s Why Bank of America’s loan to Remington tests its firearms pledge ANZ scraps sales bonuses for financial planners as inquiry shakes up sector Airlines to launch…
The main blog headlines are … Cryptocurrencies are not currencies I’ve been watching the rollercoaster ride of cryptocurrencies very carefully for the last year, and it only struck me today that these are not currencies … yet. Apart from a few novelty vendors and merchants who put bitcoin on their websites, I don’t see many…
Things we’re reading today include … People in Sweden barely use cash Goldman Sachs opens cryptocurrency trading desk Make Bank of America great again HSBC reports surprise pre-tax profit fall Commonwealth Bank board ‘asleep at the wheel’ during scandals, advocates say TSB tells customers: ask your local postman what your bank balance is BNP Paribas’…
