Things we’re reading today include … Government urged to use RBS majority stake to veto branch closures Bank of Mum and Dad ‘feels the pinch’ Anti-Brexit tycoon George Soros says EU faces ‘existential crisis’ Complaints about loans see sharp rise Stocks take battering as Italian crisis roils financial markets UBS hires former top civil servant…
Things we’re reading today include … Canadian Banks: Cyber Thieves Claim They Have Stolen 40,000 Clients’ Data China $10 Trillion Shadow Bank Crackdown Has Long Way to Go Blockchain Will Be Adopted by Every Bank More of UK stake in RBS could be sold off this week Graduate applications flood Deutsche and other banks ‘Digital…
Things we’re reading today include … Chinese bank chief found dead inside his office Bank of England open to idea of central bank issued digital currency Busking goes cashless with ‘a world first’ for London RBS told to scrap branch closures to help vulnerable customers RBS’s profits offer the boss some shelter from shareholders For…
Things we’re reading today include … Amazon can go big in finance but is unlikely to open a bank, Goldman says Bank ready to act if UK faces disorderly Brexit, Mark Carney says The World’s Most Profitable Banks Can Be Found in India Trump signs the biggest rollback of bank rules since the financial crisis…
Things we’re reading today include … Small banks trump Wall Street on Dodd-Frank rewrite City watchdog tells banks to uncover ‘dirty money’ with robots and AI Deutsche Bank chair Paul Achleitner faces investor revolt Banks ‘charging more’ for overdrafts than payday lenders Nationwide warns of ‘intense competition’ as profits slide New York Stock Exchange appoints first…
Things we’re reading today include … Japan’s Biggest Bank to Switch on Blockchain Payments in 2020 Could smartphones replace bank branches? Ant Financial valued at $150bn in offering City watchdog bans finance boss of firm owned by couple dubbed ‘vampires of debt’ Qatar charges against Barclays dismissed Barclays may have been cleared, but scrutiny of…
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…
