Things we’re reading today include … The shotgun marriage that could revive Deutsche Bank Australian regulator to embed supervisors in banks Down the sofa?: 169 million old £1 coins not returned UniCredit cuts ties with Facebook over data breach scandal Greens want Australia’s banks broken up over ‘shocking degree of rot’ Facebook denies seeking users’…
Things we’re reading today include … Australia’s big four banks and AMP have had to pay or offer $222m to customers Barclays criticised by competition watchdog for failing again to tell customers about PPI costs Do we still want to democratise finance? Where did it all go wrong for Wonga? Facebook in talks with banks…
Things we’re reading today include … Zopa raises £44m to build ‘next generation’ bank Files ‘torn up’ during review into fall of Ukraine’s largest bank RBS sell-off may be slowed if share sale flops again, warn analysts In another financial crisis we would have far less wiggle room | Larry Elliott TSB’s bill for IT…
The main blog headlines this week are … Why we need to define: ‘challenger’ bank After my recent blog about challenger banks, I received an interesting email from David Parker challenging the idea that a start-up is actually a challenger. Chris I continually argue that Revolut is not a challenger bank – it does not today…
Things we’re reading today include … Barclays half-year profits fall 29% following settlement Firms being ‘left in the dark’ on Brexit Could a basic income replace Universal Credit? London Stock Exchange triggers plans for hard Brexit as Schwimmer takes the reins Holidaymakers’ NatWest debit cards declined New era for the economy as Bank of England…
Things we’re reading today include … India’s Bank Crisis Is Really a Power Crisis SocGen’s second quarter profits lifted by overseas businesses Barclays Bank takes stake in MarketInvoice Top UK banks aren’t using the latest tech to secure transactions Barclays profits hit by £2bn of costs Barclays hails progress despite charges knocking profits Lloyds Bank…
Things we’re reading today include … Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing World’s Third-Largest Bank Issues Farmland Mortgage Loan on a Blockchain Australian ‘Big 4’ Bank Taps Ethereum Blockchain for 17-Ton Almond Shipment to Germany Lloyds Bank profits leap despite another hefty PPI hit FCA proves to be a…
Things we’re reading today include … Credit card lending continues to rise as Bank of England gears up for interest rate hike Economists split as monetary policymakers set out into the unknown Summer Camp for the Ultra-Wealthy Teaches Kids How to Stay Rich Tycoon’s Sputtering Italian Bank Investment Draws Angst From ECB Atom Bank’s pricing…
Things we’re reading today include … Jack Ma’s Giant Financial Startup Is Shaking the Chinese Banking System Sainsbury’s Bank customers facing long call centre waits following credit card statement delays TSB: three months on, the bank is still failing customers South Africa’s Biggest Bank Heist Leaves Trail of Destruction British banks eye £500m rate hike…
The main blog headlines are … Does the Fed putting America First destabilise the rest of the world? I see a strong need for global regulatory co-ordination. In particular, in a globalised world with a global network where everyone can connect and transact in real-time, anytime, anywhere, the idea of national regulators regulating a system…
