Things we’re reading today include … Soaring rates of ‘shadow banking’ add to fears of Chinese debt, warns World Bank Orange is launching Orange Bank on November 2 Foiled £250m Brazil bank robbery ‘would have been biggest in the world’ U.S. lawmakers seek to shut banks that harm consumers SEC chair floats potential delay to…
Things we’re reading today include … Employee lenders are one of the fastest-growing areas of UK fintech EU banks are not taking Brexit risks seriously enough, warns BoE Wells Fargo boss should be fired, says senator The bank that wants to employ more disabled workers: ‘It’s a win-win situation’ Ex-Equifax boss details errors behind data…
Things we’re reading today include … Bank of England tells lenders to find £116bn to help prevent bailouts Exclusive: U.S. mulls further Wells Fargo sanction over sales abuses – source Banks to switch to real-time payments from Australia Day Bank of England sets out bank rescue rules Venture capitalists urged to wake up to potential…
Things we’re reading today include … Two thirds of consumers don’t want to share financial data in blow to ‘open banking’ revolution Equifax reviews its top lawyer’s role in executive stock sales: WSJ Three million small businesses still don’t accept cards, despite move away from cash City managers ‘keep a closed shop,’ says french finance…
This week’s main blog headlines are … My fictional partner This is my wife. She doesn’t know she’s appearing on my blog today, but it doesn’t matter because she doesn’t exist. Well, she does physically but, according to my bank, she doesn’t exist. I only discovered this recently, due to trying to open a new…
Things we’re reading today include … Number of high net-worth individuals soars to an all-time high of 16.5m – collectively worth $63.5tn Wonga loses £65m but insists it is on track to be profitable again Lloyd’s of London faces $4.5bn hurricane bill after profits slide in first half Bank of England at risk from populism…
Things we’re reading today include … P2P lender Zopa set to reopen to new investors HBOS must have known of Reading fraud, Thames Valley PCC says ZhongAn surges in HK debut, boding well for future tech listings Exclusive: Royal Bank of Canada using blockchain for U.S./Canada payments – executive Hundreds of rare British Commonwealth banknotes…
Things we’re reading today include … Use more than one price comparison site, consumers told ‘Crypto’ hedge funds spring up in crowded field Equifax boss leaves after data breach 130 banks to apply for UK licence ahead of Brexit, says Bank of England Lloyds to move 1,000 Scottish Widows staff to outsourcing firm UK personal…
Things we’re reading today include … J Coin: Japanese banks’ virtual currency without the volatility City firms urge free trade agreement for financial services after Brexit Bank of England warns of ‘pockets of risk’ to growing £200bn consumer debt pile Redundancy payout nightmare after bank transfer error sends stranger money Deloitte hit by data breach…
Things we’re reading today include … Voice biometrics to be the ‘front door’ for all ANZ bank contact ABA to facilitate easier bank switching via code Using data analytics and tech in HR What Banks Can Learn From Nokia’s Demise Banks braced for Carney’s verdict on household debts ZhongAn launches insurtech concept to world Royal…
