Things we’re reading today include … Lloyds under pressure as HBOS fraud report is published Number of global millionaires hits 18.1 million France and Germany strike deal on draft for eurozone integration Visa admits 5m payments failed over a broken switch UK could lose £10bn a year in City-related tax revenue after Brexit Keep your…
Things we’re reading today include … Clydesdale and Yorkshire bank brands to go in takeover of Virgin Money Virgin Money bought by CYBG for £1.7bn UK debit cards transactions overtake cash for the first time No surprise who is the clear winner of £1.7bn Virgin Money takeover | Nils Pratley Don’t bank on it: Why…
Things we’re reading today include … Bitcoin Could Break the Internet, Central Bank Overseer Says The bigger Cryptocurrencies get, the worse they perform: BIS End of the great card payment rip-off? No, it’s just a new one Debit card payments more popular than cash Criteria for being promoted to top finance jobs ‘favour men over…
The main blog headlines are … Bank reincarnation: the best way to become a digital bank There was an interesting discussion at #Money2020 about Business Reincarnation. It’s a rather dramatic term, especially if you don’t believe in reincarnation, but it does help visualise the idea. Like a Phoenix from the ashes, a bank needs to…
Things we’re reading today include … Nearly 60 bank branches closing every month Bank of England to set new standards for when IT goes bad How the ‘big kahuna’ of central banks may bring reality crashing down on stocks Alior to launch pan-European digital bank with solarisBank and Raisin Banks close 2,900 branches in three…
Things we’re reading today include … Bitcoin futures growth could prompt bank ratings downgrades China’s Banks Are Still in Trouble Wall Street wants more female traders, but old perceptions die hard John McDonnell tells bankers: ‘We’ll bring you into Government with us’ Wealth managers focus on keeping it in the family Bank of England demands…
Things we’re reading today include … Citi issues stark warning on automation of bank jobs The countries where women have more bank accounts than men New York top court narrows Martin Act in $11 billion Credit Suisse case US banks see end to easily gaining share from European rivals TSB crisis continues eight weeks on…
Things we’re reading today include … Indian billionaire ‘on the run over a alleged bank fraud’ seeks asylum in Britain Bank of Chile trading down after hackers rob millions in cyberattack Blockchain Cannot Yet Support Financial Market Infrastructure Fintech threatens to eclipse banks that do not adapt digitally HSBC’s new boss vows to expand UK…
Things we’re reading today include … Swiss Reject Plan That Would Have Revolutionized Banking Standard Chartered says it will apply to operate a virtual bank in Hong Kong Small US banks are winners from deregulation, now they want more NatWest tests cardless online paying Top investment bank profits at pre-crisis levels South Korean exchange Coinrail…
The main blog headlines are … #Money2020Europe Day One: Will banks become ‘safes’ for data? The good thing about blogging is that I have a public record of my thinking. Hence, I can claim that Banking-as-a-Service (BaaS) is mine. That’s because I was presenting the idea ten years ago and blogged about it in February…
