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…
The main blog headlines are … Big bank thinking and the danger of the technology testing hole Building on Friday’s blog about small bank thinking, there’s another anomaly that occurs with big banks which is their usual response to technology is to test it. The problem with testing technology is that it is just a…
Things we’re reading today include … TSB customers complain about fraud alert failures Banks abandon interest-only home loans amid FCA scrutiny of ‘mortgage prisoners’ Germany most likely to win the World Cup, say UBS number-crunchers Expensive remittances Defusing mortgage timebomb ‘like Space Invaders’ PayPal acquires Swedish payments firm iZettle Home Office suspends immigration checks on…
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…
