Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 7th September 2018

Things we’re reading today include: UK fintech in buoyant mood as valuations soar How high street banks reward premier customers Nigerian bank’s former UK head was arrested U.S. probing Wells Fargo’s wholesale banking unit: WSJ Five surprising outcomes of the 2008 financial crisis Foreign investors face decision to stick or quit on Brexit  British Airways…

Things worth reading: 6th September 2018

Things we’re reading today include … Ten years after Lehmans, it’s as if we’ve learned nothing from the crash | Aditya Chakrabortty ‘If it was Lehman Sisters, it would be a different world’ – Christine Lagarde RBS to almost halve its branches with another 54 closures Citigroup to overhaul its investment bank: Business Insider UK finance…

Things worth reading: 5th September 2018

Things we’re reading today include …. Deutsche Bank to Be Removed From Euro Stoxx 50 Index Danish bank scandal grows to ‘gigantic’ proportions Peer-to-peer lender Funding Circle plans £2bn flotation ING to pay €775m in money laundering case TSB chief Paul Pester steps down after IT meltdown Exclusive: Big Australian fund manager divests Commonwealth Bank…

Things worth reading: 4th September 2018

Things we’re reading today include … U.S. Growth Powers Canadian Banks SocGen expects around $1.4 billion in U.S. sanctions penalties Funding Circle launches £2bn stock market flotation plan Britain’s TSB hit by another IT glitch, angering some customers Russia’s VTB bank apologizes for CEO who called UK’s Boris Johnson a ‘jerk’ Ten years on, the…

Things worth reading: 3rd September 2018

Things we’re reading today include … Monzo top and TSB crashes to the bottom of our customer service poll Banks consider ‘early warning system’ to fight misconduct Women still hold tiny minority of senior roles in financial services HSBC plans digital bank to counter online rivals Our financial system only works for the 1%. It…

The Finanser’s Week: 27th August 2018 – 2nd September 2018

The main blog headlines this week are … Every $1 in $50 in the banks is laundered money (and maybe more) I’ve made the comment many times that it is astounding that around $2 trillion is laundered through the banks of the world each year, up from $1.6 trillion in 2009. It’s about 2.7% of global…

Things worth reading: 31st August 2018

Things we’re reading today include … Foreign born? Bank of America might just freeze your account Europe’s bank bosses all want the same thing — fewer banks Argentina raises interest rates to 60% to shore up peso Wonga collapses into administration Was the financial crisis wasted? | Howard Davies India ‘black’ currency purge that led…

Things worth reading: 30th August 2018

Things we’re reading today include … Flaw in Fiserv banking platform exposed personal data Deutsche Bank CEO says Europe needs ‘strong banks’ amid merger speculation with Commerzbank Hackers faked Cosmos backend to hoodwink bank out of $13.5m Fresh woe for Turkey as banks are downgraded Argentina burns reserves and asks for early IMF help as…

Things worth reading: 28th August 2018

Things we’re reading today include: Risk of no-deal Brexit grows every day, says German industry chief Bank of Spain’s website hit by cyber attack Banks consider ‘early warning system’ to fight misconduct Bank of mum and dad sees average parents spending £18,000 on supporting their grown up children Warren Buffett eyes $300m stake in Indian…

The Finanser’s Week: 20th August 2018 – 26th August 2018

The main blog headlines are … The secret to success with customer data It shows the nature of money and finance in our lives, in the way that the media reports about it. Quite often you get a scary headline like the big banks are watching you or banks will sell your data and it…