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Things worth reading: 27th March 2017

Things we’re reading today include … The Bank of Mum and Dad hits record high, funding one third of first-time buyers Businesses leave gaping holes in cybersecurity plans  Ex-Morgan Stanley MD: money does grow on trees, actually Fading Trump rally threatened by rare contraction of US credit Citigroup aims to double South Korea wealth assets…

The Finanser’s Week: 20th March – 26th March 2017

A summary of the main blogs of the week … Western Union: is the future bright or dark? I recently was hauled up over saying that Western Union (WU) was being disrupted by FinTech.  The words that a reader took issue with are: The high fees of Western Union and other remittance providers were fairly…

Things worth reading: 23rd March 2017

Things we’re reading today include … Hopes fade for Co-op Bank turnaround plan City watchdog wins legal battle with ‘London Whale’ executive UBS charges customers to deposit euros Cheques will clear in just 24 hours thanks to smartphone imaging tech Brexit vote: Single market benefit ‘largely imaginary’ MPs warn system for preventing cyber attacks against…

Things worth reading: 21st March 2017

Things we’re reading today include … Bill Gates tops Forbes’ rich list but Trump’s wealth slips Deutsche Bank slashes bonuses as it scrambles to raise cash Challenger bank Secure Trust enters mortgage market  Frankfurt takes lead in Brexit race for City jobs Goldman building robo-adviser to give investment advice to the masses Lloyds appoints small…

Things worth reading: 20th March 2017

Things we’re reading today include … Mountain man: The bank boss who reached the top aged 33 Officials draw up rescue plan for Co-op Bank Deutsche Bank benefits from strong bond trading in early 2017 Bank of Mum (not Dad): research shows mothers are more likely to give their children cash City pushes for lower…

The Finanser’s Week: 13th March – 19th March 2017

This week’s main blog headlines are …. Will Apple Bank be the first new American #Fintech Bank? On Wednesday the American Office of the Comptroller of the Currency (OCC)* followed up on its promise last December to introduce a national bank charter for Fintech bank startups by issuing a white paper on how to apply…

Things worth reading: 17th March 2017

Things we’re reading today include … Brexit: Poland aims to be big winner from battle for UK banking jobs Google Chrome scam tricks users into emailing bank details to criminals New-generation UK banks challenge with technology Mobile-only bank N26 hits 300,000 customers TransferWise partners with digital-only Starling Bank Atom Bank to cut market-leading savings bond…

Things worth reading: 15th March 2017

Things we’re reading today include … Identity fraud reached record levels in 2016 Iceland’s recovery shows benefits of letting over-reaching banks go bust Taxpayer stake in Lloyds Banking Group goes below 3pc Bitcoin ETF: quick silver Charlotte Hogg resigns as Bank of England deputy governor The five charts that show how economically risky Scottish independence…

Things worth reading: 14th March 2017

Things we’re reading today include … Democrats question Trump ‘conflict of interest’ with Deutsche Bank investigation Top bank regulator suggests partitioning big banks to replace Dodd-Frank rules Lloyds Banking Group is about to outsource nearly 2,000 tech jobs to IBM Female brokers punished more harshly for misconduct Misys merges with Canadian rival HSBC appoints AIA…

The Finanser’s Week: 6th March – 12th March 2017

A summary of the main blogs of the week … The Fast and the Furious I was having a conversation with a friend about the issues at Monzo this week (among others).  Their third-party payments processor had an outage at the weekend so the cards couldn’t be used. Then they had crashes on Android and…

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