Things we’re reading today include … Recession won’t come until at least 2021, Bank of America Deutsche Bank Weighs Cutting U.S. Staff by About 20% Chinese banks are big. Too big? As Cryptocurrencies Rise, Who Needs Banks? Swedish fintech group iZettle to seek $1.1bn valuation in IPO RBS boss tells MPs branch closures ‘difficult’ but…
Things we’re reading today include … Denmark’s Danske Bank caught up in major money laundering scandal ‘We want to get cash out of the system’ with mobile payments, Bank of America’s digital chief says Why Bank of America is funding rifle maker despite pledge to end gun support RBS boss to face MPs over branch…
Things we’re reading today include … Venezuela Spends 20,000 Petro to Create a Digital Cryptocurrency Bank Blind customers locked out by bank web upgrades Bank Stocks Have Peaked, Here’s Why Bank of America’s loan to Remington tests its firearms pledge ANZ scraps sales bonuses for financial planners as inquiry shakes up sector Airlines to launch…
The main blog headlines are … Cryptocurrencies are not currencies I’ve been watching the rollercoaster ride of cryptocurrencies very carefully for the last year, and it only struck me today that these are not currencies … yet. Apart from a few novelty vendors and merchants who put bitcoin on their websites, I don’t see many…
Things we’re reading today include … People in Sweden barely use cash Goldman Sachs opens cryptocurrency trading desk Make Bank of America great again HSBC reports surprise pre-tax profit fall Commonwealth Bank board ‘asleep at the wheel’ during scandals, advocates say TSB tells customers: ask your local postman what your bank balance is BNP Paribas’…
Things we’re reading today include …. Major Investment Bank Predicts Cryptocurrency Market “Wipe Out” British banking leverage remains ‘dangerously high’ Elderly couple face losing home as interest-only loan crisis bites TSB boss grilled by MPs TSB’s Paul Pester hits series of wrong notes in front of MPs | Nils Pratley The US town banning new…
Things we’re reading today include … TSB customers stopped from switching after it told banks to suspend transfers Santander strikes debit card deal with MasterCard From the Lake District to east London: which areas have local currencies? Climate change protesters disrupt Barclays AGM TSB crisis: key questions MPs will ask bank bosses about IT crash…
Things we’re reading today include … Lloyds, Halifax and Bank of Scotland customers locked out of online accounts Music downloads can gauge consumer vibe – Bank of England ‘We’re on our knees’: Inside the totally avoidable TSB crisis TSB CEO and chair to face grilling by MPs over IT chaos NCA considers fresh criminal investigation…
Things we’re reading today include … Australia banking scandal claims more AMP scalps, chairwoman quits TSB online banking meltdown drags into a second week FCA awards £40m contract to strengthen cyber security Leonardo chief faces trial over Monte dei Paschi Deutsche Bank likely to axe 1,000 U.S. investment bank jobs: source Mark Carney and Mario…
