Things we’re reading today include … Who is John Flint? The new HSBC boss knows the business inside out UK banks plan biggest squeeze on consumer credit since 2008 Lloyds Bank swoops on Zurich’s UK pensions and savings business Equifax removes webpage after malware issue JPMorgan’s card gamble lures millennial travelers, squeezes competitors Swipe, scan…
Things we’re reading today include … Swedish challenger bank Handelsbanken commits to UK but wants Brexit clarity Have we learned our lessons from the financial crisis? Don’t bank on it EU raids Polish and Dutch banking groups over fintech access Staley scrutinised as Barclays faces historic dilemma Chief of Credit Agricole expresses interest in Commerzbank:…
Things we’re reading today include … Goldman Sachs boosts post-Brexit plans with Frankfurt office deal Fearless Girl statue firm faced down in equal pay row Exclusive: SEC’s corporate filing system vulnerable to denial of service attacks – memo Robo advice: buy, buy, buy Iceland PM sold bank assets hours before financial crash, leaks show This…
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…
