Things we’re reading today include … Pay as you speak: Santander revamps voice banking app Co-op Bank up for sale after Bank of England warned its finances were off track Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss Ex-Goldman banker Mnuchin installed as Treasury secretary The woman using technology to…
Things we’re reading today include … RBS plays down claim it will cut 15,000 jobs Australian banks narrow focus of Apple Pay collective bargaining request Donald Trump’s red tape bonfire is a boost to banks Co-op Bank puts itself up for sale as it braces for another ‘significant’ loss ‘Significant uncertainty’ about fiscal policy under…
A summary of the main blogs of the week … Dodd-Frank, Donald Trump and Goldman Sachs: you’ve been suckered The big headline on Friday was Donald Trump has signed an Executive Order to review the Dodd-Frank regulations. He also changed rules relating to brokers, so that they can seek maximised profits rather than being forced…
Things we’re reading today include … Trump’s bonfire of banking rules could burn us all China’s drive to reduce financial system risks is squeezing the nation’s banks Robust regulation needed for UK, says Bank deputy boss Boutique banks: at your discretion Bank of England hits Japanese firms with record £27m fine Bank of England: Charlotte…
Things we’re reading today include … Which bank branches is TSB going to close? Rival branch closures boost Handelsbanken UK Young, savvy and poor: millennial men ‘earn £12,500 less than previous generation by 30’ Mervyn King: MPs’ attitude made Brexit inevitable Why is Greece back in the headlines? Wells Fargo likely to eliminate 2016 bonuses…
Things we’re reading today include … Biggest US banks holding $120bn of excess capital Brexit vote has ‘chilling’ effect on start-up investment Lloyds to review HBOS customer cases New India banks spark hopes of industry overhaul White House memo confuses Wall Street on fate of fiduciary rule Six traders plead not guilty to Euribor rigging…
A summary of the main blogs of the week … The Semantic Regulator (#RegTech Rules) A bank has to make a regulatory change every 12 minutes. That’s some task. A bigger question must also be: how can a regulatory check that a bank is compliant with their regulatory changes, if their regulations change every 12…
Things we’re reading today include … City fears German raid on Carsten Kengeter’s office could hit Deutsche-LSE merger Worldpay hires Santander exec as new UK boss Ex-HBOS banker ‘sold his soul for swag’ Deutsche Bank results hit by legal costs Trump effect ‘has been good for UK’ says central banker Moody’s says US passive to…
Things we’re reading today include … After the Wells Fargo scandal, millennials deserve a ‘Netflix model’ for banking How Banks Can Keep Up With Digital Disruptors Dan Loeb: Trump will make hedge funds great again Derivatives ‘Big Bang’ catches market off guard SoFi adds to portfolio with Zenbanx deal Deutsche Bank slips to £1.6bn loss…
Things we’re reading today include … What the World’s Biggest Bank Bosses Say About Brexit Exodus How we nailed the crooked HBOS bank boss who cost us £11million Atom Bank has raised £100 million and will announce within weeks Deutsche Bank’s $630m Russia fine reflects badly on bankin Pound surges after Donald Trump’s trade chief…
