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The Finanser’s Week: 17th October – 23rd October 2016

The main blog posts this week were … Who owns the customer in the internet of things? I’ve been talking the internet of things for a while as, after all, The ValueWeb is the internet of value that underpins the internet of things. A key concept of the internet of value is how it supports…

Things worth reading: 20th October 2016

Things we’re reading today include … California prosecutors open new front in Wells Fargo scandal Security breaches feared in up to 3.2 mln Indian debit cards: report Chancellor insists Bank of England will remain independent Fed risks repeating Lehman blunder as US recession storm gathers Handelsbanken shrugs off Brexit to post rising profits Bank of…

Things worth reading: 19th October 2016

Things we’re reading today include … China’s economy grows steadily at annual rate of 6.7% City watchdog to crackdown on anti-competitive investment banking practices Want to know why central bankers can’t solve the world’s problems? Read a book Ecuador bank’s suit against Wells Fargo over cyber heist can go forward: ruling Amicus becomes the latest…

Things worth reading: 18th October 2016

Things we’re reading today include … Pound fall a ‘shock absorber’, says BoE’s Ben Broadbent Visa CEO Charles Scharf to resign, ex-AmEx president to take over Deutsche Bank’s options to solve capital dilemma seen to be limited RT: NatWest to close Russian channel’s UK bank accounts Bank of America enjoys best quarter since the financial…

Things worth reading: 17th October 2016

Things we’re reading today include … Lack of new blood casts doubt over Wells Fargo’s change plan Euro ‘house of cards’ to collapse, warns ECB prophet Goldman Sachs vindicated but bruised in court battle with Libyan fund Lending Club tightens credit policies Redwood, a challenger bank founded by the Rowland family, seeks FCA approval Transcripts…

The Finanser’s Week: 10th October – 16th October 2016

The main blog posts this week were … If you want to convince the bank to change, read this blog I was thinking about not sharing this info but hey, as you are good enough to read my blog … here’s the bottom-line on digital disruption (ed: oh no, Chris said the D-word!). There’s a…

Things worth reading: 14th October 2016

Things we’re reading today include … London or New York? Why Brexit has shaken up the banking rivalry Wells Fargo complaints show flaws in federal whistleblower program Deutsche says wealth management outflows not significant China tops US in numbers of billionaires Wells Fargo’s new CEO faces immediate test Retailers and issuers are still battling over…

Things worth reading: 12th October 2016

Things we’re reading today include … Blockchain becomes more than just hype Brexit makes China keener to strike a trade deal with Britain, says ambassador Some banks are too complex to break up Why RBS may be facing its most damaging scandal yet Sterling likely to fall further, predicts new Bank of England policymaker City…

Things worth reading: 10th October 2016

Things we’re reading today include … Bank of England’s Mark Carney and Philip Hammond in bank ‘war game’ Far from stepping back, top central banks are set to double down Goldman Sachs ‘undecided’ on 2,000 staff move from the City if single market access is lost Frankfurt vies for UK banking jobs Banks ponder the…

The Finanser’s Week: 3rd October – 9th October 2016

The main blog posts this week were … Wouldn’t it be simpler just to launch a new bank? One of the commonest questions I’m asked is whether the bank should just launch another bank, rather than trying to be digital and convert the existing bank.  The idea is that the new bank will have no…

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