Things we’re reading today include … 3,000 potential conflicts of interest at Bank of England Robots Could Replace 48,000 Employees At This Bank $1.89 trillion: Foreign bank lending to China hit a record high in 2017 Metro founder Vernon Hill celebrates a full year of profits and 1.1m accounts Wall Street bonuses may jump 10…
This week’s main blog headlines are … The ten-year ticking timebomb I’ve been saying for so long now that banks need to replace core legacy systems that I’m boring myself, but here I go again. The reason I’m talking about it again is that, even though some disagree and think they can fudge the issue…
Things we’re reading today include … ING, a Dutch bank, finds a winning digital strategy How Equitable Bank reshaped its culture for a future of mobile-first finance How Some Small Banks Are Firing the Fed Gordon Brown turns on Tony Blair over Bank of England independence Top LSE investor ramps up revolt to oust chairman…
Things we’re reading today include … A London startup has managed to make banking cool among hipsters Bank of Amazon? Facebook Financial? Regulator could open banking to tech giants Revolut is applying for a European banking license to become a true bank State Bank of India Launches Blockchain Technology-Based Know Your Customer System Deutsche Bank’s…
Things we’re reading today include … This Bank CEO Is Learning to Code Reserve Bank of India Possible Ban on Cryptocurrencies ‘We lost £300,000 through payment scam’ Revolut applies for European banking licence ahead of Brexit Wall Street banks share Brexit fears and warn UK jobs could move overseas – report Direct Line warns of…
Things we’re reading today include … Challenger bank Monzo raises another £71m How the Queen was dragged into tax havens affair Regulator mulls compensation for bank scams Saudi billionaire Alwaleed’s arrest rattles investors Who is Prince Al-Waleed bin Talal, the ‘Arabian Warren Buffett’ at the centre of the Saudi anti-corruption purge? Aldermore agrees takeover by South Africa’s…
Things we’re reading today include … Has Lloyds come up with a credible shrinking bank branch? UK businesses are flourishing despite Brexit uncertainty Paradise Papers: Tax haven secrets of ultra-rich exposed Vince Cable attacks RBS over mistreatment of small business customers Crash fears escalate as soaring markets hit highs not seen since Black Tuesday and…
This week’s main blog headlines are … Regulating the unregulated I was thinking about this question of how to regulate global technology platforms that don’t recognise national boundaries, mainly in the context of crypto and digital currencies. How can you regulate a global currency that has no view of state or national laws? Obviously, you…
Things we’re reading today include … Central bankers on the move, but where’s the inflation? Singapore police examine Goldman’s role in 1MDB deals: Bloomberg HSBC ‘ignored money laundering warning’ in South Africa scandal Increasingly, hunting money-launderers is automated Donald Trump nominates Jerome Powell as Fed chair HSBC accused of ‘possible criminal complicity’ in South Africa…
Things we’re reading today include … CME to offer bitcoin futures RBS should have accepted faults more easily, City watchdog tells MPs Fintech firm MarketInvoice joins rush into business lending Pound spikes as Michel Barnier says he’s ready to speed up Brexit talks Bitcoin blasts to new all-time high of $6,450 Banks need Brexit transition…
