Things we’re reading today include … Lloyds, Halifax and Bank of Scotland customers locked out of online accounts Music downloads can gauge consumer vibe – Bank of England ‘We’re on our knees’: Inside the totally avoidable TSB crisis TSB CEO and chair to face grilling by MPs over IT chaos NCA considers fresh criminal investigation…
Things we’re reading today include … Australia banking scandal claims more AMP scalps, chairwoman quits TSB online banking meltdown drags into a second week FCA awards £40m contract to strengthen cyber security Leonardo chief faces trial over Monte dei Paschi Deutsche Bank likely to axe 1,000 U.S. investment bank jobs: source Mark Carney and Mario…
Things we’re reading today include … Barclays pushed into loss by US payout Emboldened by Trump, banks push to throw off old rule constraints Barclays wants to meet activist investor Ed Bramson, says chief Jes Staley Negative equity timebomb for banks as baby boomers cash in housing wealth TSB crisis could drag into next week…
Things we’re reading today include … High cost of more delay forced TSB to upgrade before it was ready | Nils Pratley Metro Bank founder Vernon Hill sees off shareholder revolt LSE directors ‘did not act improperly’ during boardroom crisis – but report kept under wraps TSB bank faces large compensation bill and fines over…
Things we’re reading today include … Larry Summers just obliterated the Fed’s bank stress tests with a single sentence TSB could face fine for system outage and potential data breach Australia has been conned by financial regulators. And now we’ll pay the price | Lindsay David Wells Fargo CEO’s pay details spark pushback by some…
Things we’re reading today include … Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud Bank of England ‘dangerously ill-equipped’ for next recession, says IPPR Barclays boss Jes Staley faces £1m hit after hunt for whistleblower Mifid II rules failing investors, warns City veteran TSB customers report online problems Half of UK manufacturers fall…
The main blog headlines are … Digital banking? Isn’t that just an app? I meet a lot of senior executive teams of large banks. Some are visionary, many are committed and a large number understand that life is changing. Few understand how. I talk to them about the fintech world of change and how millennials…
Things we’re reading today include … Why India’s Paytm isn’t afraid of WhatsApp Commonwealth Bank charged fees to dead clients, royal commission hears TransferWise becomes first non-bank to join BoE payment system Deutsche Bank’s chief operating officer leaves amid raft of departures A recent history of Australia’s banking scandals Lost home, fees for the dead…
Things we’re reading today include … Ant Financial’s $150bn valuation belies glaring risks for investors Lloyds boss wields axe again with 1,200 job cuts and 49 branch closures RBS to pay up to £3.5bn into pension scheme ahead of switching on ‘ring fence’ Barclays eyes move into cryptocurrency trading Australia’s AMP misled corporate watchdog for almost…
