Things we’re reading today include … £90m seized from dormant bank accounts UK banks face re-run of ‘doomsday’ stress tests – but with higher hurdles to clear Bank of America’s European president to step down Challenger bank chief calls for cuts in red tape after Brexit to stimulate competition MasterCard keeps options open on cryptocurrencies…
Things we’re reading today include … City watchdog warns lenders to prepare for ‘rough weather’ ahead Coutts star banker in sexual harassment claims Penny pitching European commission rebuked over ex-chief’s Goldman Sachs job Payment fraud: Millions lost in money transfer trick HSBC pays women 60pc less than men in the UK Australia’s competition watchdog sues…
Things we’re reading today include … A quarter of UK bankers say their job is bad for their health Bitcoin exchange in banking tie-up with Barclays Co-op Bank ‘draws line’ under near-collapse and past scandals with pared-back losses Punjab National Bank’s woes shake confidence in state lenders SocGen deputy chief resigns over disagreement on legal…
Things we’re reading today include … In rural Germany, ‘mobile banking’ means a bank on a truck China Banking Crisis Warning Signal Still Flashing, BIS Says The bank deregulation bill in the Senate, explained The rich and the right aim to dynamite Dodd-Frank – and Democrats are helping them do it | Ross Barkan Deutsche…
The main blog headlines are … Making a hash of it I’m having lots of discussions about tokenisation and cryptocurrencies, and it often boils down to hashing the data. Hashing data is taking the source information which may be your account details or card information and shortening it into a machine-readable link that doesn’t share…
Things we’re reading today include … Finance has a shocking gender pay gap. Shining a light on it is just the start | Nicky Morgan Tesco Bank cancels customers’ credit cards after suspected fraud – what to look out for ompanies with more female executives make more money, Bank of America says Orange Bank brings…
Things we’re reading today include … SWIFT Claims ‘Huge’ Progress on DLT Bank Pilot Ripple develops blockchain-powered payment app with 61 banks to speed up transactions in Japan Exclusive: Goldman puts some London staff on notice for German move by June – sources City of London ‘impossible’ to replicate, Hammond warns rival European cities Challenger…
Things we’re reading today include … Amazon could become the third-biggest US bank if it wants to: Bain study Elizabeth Warren attacks ‘dangerous, wrong’ bill to relax rules on US banks RBS agrees to pay $500m in New York mis-selling settlement Is this the future of money? City watchdog bans ex-Co-op bank boss for sending…
Things we’re reading today include … Brits are souring on app-only startup banks Amazon Checking-Account Plan Sees Banks as Partner, Not Prey Shadow banking grows to more than $45tn assets globally Theresa May promises City won’t lose grip on global finance Special Report: Fidelity puts 6 million savers on risky path to retirement Ex-Deutsche Bank…
