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…
Things we’re reading today include … This Is the Bank with the Worst Reputation in America Metro Bank has a credibility problem Why bank mergers are always riskier than markets think Study Reveals Millennials Shun Banks with Poor Online Service Starling Bank card design reflects ‘how we actually use our cards’ Brexit: Barnier rules out…
Things we’re reading today include … There are a couple of problems with Labour’s plan for the Bank of England Central bank independence is too precious to meddle with Metro Bank announces £302m share issue as profits quadruple PayPal quarterly profit beats estimates; forecast falls short Santander UK profits fall in ‘challenging’ market Deutsche Bank…
Things we’re reading today include … Nearly a million fed-up customers switch banks in the past year Revealed: the banks most people are switching to Euro zone bank fund holds 25 billion euros after four years Bank of England to Open New Payment System to Blockchain Users Metro Bank performs U-turn as it pushes to…
Things we’re reading today include … Bank of Asia launches digital global bank in British Virgin Islands Bank of England says payments system can serve blockchain users How deep will Deutsche Bank CEO Christian Sewing cut? Shareholders want details Starling Bank ditches its trademark purple for a new set of fintech clothes US banks urge…
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 that does not recognise national borders seems counter-intuitive. This was illustrated well by bitcoin which has evaded most…
