Things we’re reading today include … Wells Fargo data center up in smoke, bank website, app down UBS overhauls pay policy for 10,000 employees: Financial Times Banking reform won’t happen until after the election, Christopher Pyne says HSBC’s Mark Tucker to become chair of TheCityUK Government’s secret post-Brexit plan must rule out the Singapore model…
The main blog headlines are … Is the branch dead? A regular discussion of mine has resurfaced in recent days: is the branch dead? Why it has returned is due to the announcement of Santander closing a fifth of its UK branch network: The Spanish-owned bank, which has one of the largest high street networks in Britain,…
Things we’re reading today include … Wirecard: inside an accounting scandal UK economy set for worst year since financial crisis, says Bank of England Australia’s bruised big banks offered respite in inquiry wash-up Barclays hires internet banker from Deutsche Bank NAB’s bosses Andrew Thorburn and Ken Henry have quit – what took them so long?…
Things we’re reading today include … How much Australia’s banking and finance CEOs earn Bank royal commission insider trading claim is ‘bullshit’ Don’t bank on Google Bank, bank on banks becoming Google-like An Amazon Checking Account Could Displace $100 Billion In Bank Deposits (But It Won’t) UBS gets approval to shift 32 billion euros of…
Things we’re reading today include … Programmer finds ridiculous ATM loophole that let him withdraw $1 million in cash Tedious Service Bulletin: No prizes for guessing which UK bank’s services are DOWN for business users Head of Russia’s Second Largest Bank Compares Crypto Mining to Counterfeiting Trump to choose Treasury’s Malpass to lead World Bank…
Things we’re reading today include … Cryptocurrency investors locked out of $190m after exchange founder dies Citi says prosecution delay hampers defense in Australia cartel case with ANZ, Deutsche Loose money era leaves trail of U.S. corporate debt junkies Barclays bosses pressured by Qatar to mask Gulf state PM’s holding, court told Non-bank lenders thrive…
Things we’re reading today include … Australia bank inquiry does not recommend individual criminal charges Wirecard says law firm found no findings of criminal misconduct Banking royal commission final report a scathing account of ‘conduct driven by greed’ – politics live Australian banking inquiry recommends new watchdog for regulators Royal commission calls for overhaul of…
The main blog headlines are … Banks need to be technology giants I got into one very interesting discussion with a digital banker. He was underscoring how important data is in banking, and referenced the fact that banking started with data. It started as a ledger system a thousand years ago so that pilgrims could…
Things we’re reading today include … Deutsche Bank swings to first full-year net profit since 2014 German regulators probe price decline at Wirecard UK fintech shuts US operation to save Chinese deal Barclays trial jury told to ignore defendants’ jokes about prison TSB computer meltdown bill rises to £330m Metro Bank chief has talked himself…
Things we’re reading today include … India’s largest bank SBI leaks millions of customers’ data Santander UK bank profits hit by uncertainty Taavet Hinrikus on disrupting the banks Visa profit beats estimates on higher transaction volume Barclays’ lawyers did not object to £322m fees paid to Qatar, court told So just when, exactly, will the…
