Reading

Things we’re reading today include … Morgan Stanley hits CEO’s bond trading target, surprising analysts Senior HSBC exec released on $1m bail in $3.5bn US forex trading probe Revealed: the biggest companies in the world in 2016 U.S. sues to seize $1 billion in assets tied to Malaysian state fund BT fault hits broadband users…

Things we’re reading today include … Labour pledges national investment bank to mobilise £500bn World’s 20 biggest banks rack up £252bn ‘conduct costs’ in five years This Bank of England chart shows how the rich got richer and the poor got poorer since 2010 US bank buys new office block in London FCA considers using…

Things we’re reading today include … How a whistleblower describes the mis-selling tactics of packaged bank accounts at Lloyds Bank Why Italy’s banking crisis will shake the eurozone to its core Royal Bank of Scotland Ross McEwan on Brexit: it’s not a banking crisis – RBS has plenty of money Governor Carney shuts down the…

Here are our key posts for the past two weeks … ANZ don’t need to change core systems … yep and Father Christmas might visit too Well I couldn’t let this one go by without commenting on it.  A regular theme in the blog is get rid of old technology if it’s running core systems. …

Things we’re reading today include: Mobile-only bank Starling wins its licence Federal Reserve policymakers signal no rush to raise U.S. rates Pound jumps as Bank keeps rates on hold City watchdog battles to ban ‘reckless’ payday lender Who is Philip Hammond, Britain’s new Chancellor, and what are likely to be his first steps? JP Morgan…

Things we’re reading today include … Philip Hammond appointed chancellor George Osborne Deutsche Boerse reaches halfway point in vote for London Stock Exchange merger Ex-European Commission head Barroso under fire over Goldman Sachs job City hiring holds up despite referendum Business optimism deteriorates ‘out of all recognition’ in UK after Brexit vote Unicredit to raise…

Things we’re reading today include … World faces deflation shock as China devalues yuan at accelerating pace Brexit could deliver ‘significant’ blow to eurozone, ECB warns Four ex-Barclays traders jailed for Libor fraud Five U.S. investment banks offer support for London after Brexit vote RBS and Lloyds upgraded as analysts see bottom of the market…

Things we’re reading today include … Are we set for another wave of new challenger banks? Bank of England releases £150bn of lending amid warnings on stability Here are the five biggest risks facing the UK economy Mastercard to face UK class action lawsuit Fed’s Williams says Brexit effect as expected, no big deal FBI…

Things we’re reading today include … India’s “unbanked” resist push for them to get accounts London Stock Exchange shareholders agree German deal Global investment banks have slowest first half since 2012 RBS sale delayed for ‘a couple of years’ by Brexit share price crash Bank of England could pump up funding for lending after Brexit,…