Things we’re reading today include … Peer-to-peer lender Zopa moves towards bank launch after raising £32m Would you take financial advice from a robot at your bank? Bank of England faces strike as workers vote on ‘contemptuous’ 1pc pay offer The 12 UK banks with the best public reputation Savings would last about a month…
This week I’ve been mainly blogging about developments in Africa and China. Thoughts on Dot Finance Africa … We need some education (but no thought control) I often think we need a reality check when it comes to digital finance. Many of the pundit analysts and influencers out there believe no one needs a branch…
Things we’re reading today include … Barclays sells £2.2bn stake in African business Lloyds bulks up in credit card market with £1.9bn takeover EU regulator fines Moody’s €1.24m for breaching credit rating rules Bank of England faces strike as workers vote on ‘contemptuous’ 1pc pay offer Peer-to-peer lender Zopa moves towards bank launch after raising…
Things we’re reading today include … City firms won’t get away with ‘letterbox’ EU hubs after Brexit, watchdog warns TV presenter Noel Edmonds unveils ‘countdown’ website in Lloyds compensation campaign HSBC to roll out robo-advice for small savers Barclays to sell £1.6bn stake in African business Banks ‘rebuilding reputation’ after crash Ireland set to sell…
Things we’re reading today include … Aviva eyeing AI and big data in bid to become fintech firm How will the rollout of open banking affect me? Russian Company Pins European Bank Attacks on North Korea Spanish Banks Form New Blockchain Consortium How to get a UK banking or e-money license: the basics Bank Customers…
Things we’re reading today include … Brexit: French officials in ‘serious’ talks with banks about leaving London Singapore’s central bank fines Credit Suisse, UOB over AML breaches Are banks about to operate completely online? Royal Bank of Scotland set to avoid trial over £12bn crisis-era rights issue China’s shadow banking crackdown shakes markets Banks concerned…
Things we’re reading today include … You can now set up borderless businesses and bank accounts online as e-residents of Estonia Ex-Anglo bank chief FitzPatrick cleared of fraud Democrats urge Deutsche Bank to audit accounts held by Trump and family Bank of England fat cats blew £20K of public money on four bosses’ leaving dos…
This week’s main blog headlines are … Should I buy some bitcoin now? I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. Good for those who have some. Bemusing for those who don’t. There are a range of factors driving the rise…
Things we’re reading today include … Central bankers unveil code to crack down on currency market rigging Lloyds chairman: Brexit will not lead to ‘Jenga tower’ collapse of UK finserve sector New payday loan regulations come into force Initial coin offerings risk damaging your financial health This week’s Economist: One bitcoin is worth twice as much…
Things we’re reading today include … Moody’s downgrades China for first time since 1989 as it warns financial strength will erode as debt mounts Google plans to track credit card spending Funding Circle wins approval from regulator in peer-to-peer boost Potential settlement in RBS £12bn rights issue trial hit by further delays as lawyers can’t…
