Things we’re reading today include … I was a trader on the day of the financial crash – this is what really happened ‘Trapped’ consumers miss out on £10m by not switching banks Here’s the ‘snoozing’ giant that could crush bank stocks The 10 rarest and most valuable British coins in circulation ‘We’re going to…
It was interesting to see the release of a discussion paper by the EBA (European Banking Authority) last Friday. As a regulatory body, they have decided that they need to take action on FinTech, and are asking for input on what action to take. The EBA is taking forward work in relation to FinTech and…
Things we’re reading today include … Santander blocked trans woman’s bank account because she ‘sounded like a man’ Why are Britain’s banks blaming customers for online banking fraud? Bank of England covered up failed WW1 loan deal Worldpay agrees £9.3bn tie-up with Vantiv Standard Life chief brushes off outflows as merger edges closer Bank of…
Things we’re reading today include … Tandem app in deal to take over Harrods Bank Lending Club: overbanked Funds target ‘unknown’ stocks as Wall Street cuts analyst jobs Worldpay granted second deadline extension for Vantiv deal Bitcoin soars to record high value Monitise shareholder slams revised £75m offer from American suitor The firms that went…
Things we’re reading today include … Is your account safe? Banks issue new sort codes in ringfencing of high street operations China’s bank regulator lets crackdown deadline slip over stability worries Australian bank: Buggy software made us miss money laundering scam Consumer spending suffers longest decline in four years, raising hopes interest rates will be…
This week’s main blog headlines are … FinTech and the world of investment banking Some people talk about FinTech disruption and how payments and banking is being attacked and unbundled by start-ups, but we often look at banking too simplistically. Global banks and investment banks are far more complex creatures than their high street counterparts,…
Things we’re reading today include … Drug Rings Laundered Cash Through ATMs of Australia’s Biggest Bank: Crime Agency Swiss bank Julius Bär plans expansion in UK with new offices Carney warns Brexit uncertainty is building RBS plans to make Amsterdam its EU base after Brexit SoftBank invests in US online lender to small business Car…
Things we’re reading today include … Deutsche Bank foresees 4,000 UK jobs to be shifted to the EU after Brexit Standard Chartered’s profit surge eclipsed by lack of dividend Australia’s Commonwealth Bank accused of massive money-laundering breaches PwC fined for Merrill Lynch compliance failure US regulator mulls banking rule reform Banks strong enough to cope…
Things we’re reading today include … Goldman plans to expand online bank to Europe: treasurer Take Your Time, Bank of England Bank of America Files for 3 New Blockchain Patents Bank of England staff strike over pay for first time in more than 50 years Deutsche Bank backs the City with 25-year commitment for London…
Things we’re reading today include … Bank of England urged to share Brexit plan details Brexit set to raise UK banks’ costs 4% and capital needs 30% From refugee to one of asset management’s ‘smartest men’ Bank of England strike to go ahead Bitcoin rebels risk ‘currency trading chaos’ Ban on unarranged overdraft charges considered…
