Things we’re reading today include …. Major Investment Bank Predicts Cryptocurrency Market “Wipe Out” British banking leverage remains ‘dangerously high’ Elderly couple face losing home as interest-only loan crisis bites TSB boss grilled by MPs TSB’s Paul Pester hits series of wrong notes in front of MPs | Nils Pratley The US town banning new…
Things we’re reading today include … TSB customers stopped from switching after it told banks to suspend transfers Santander strikes debit card deal with MasterCard From the Lake District to east London: which areas have local currencies? Climate change protesters disrupt Barclays AGM TSB crisis: key questions MPs will ask bank bosses about IT crash…
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…
