Things we’re reading today include … Brexit: French officials in ‘serious’ talks with banks about leaving London Singapore’s central bank fines Credit Suisse, UOB over AML breaches Are banks about to operate completely online? Royal Bank of Scotland set to avoid trial over £12bn crisis-era rights issue China’s shadow banking crackdown shakes markets Banks concerned…
Things we’re reading today include … You can now set up borderless businesses and bank accounts online as e-residents of Estonia Ex-Anglo bank chief FitzPatrick cleared of fraud Democrats urge Deutsche Bank to audit accounts held by Trump and family Bank of England fat cats blew £20K of public money on four bosses’ leaving dos…
This week’s main blog headlines are … Should I buy some bitcoin now? I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. Good for those who have some. Bemusing for those who don’t. There are a range of factors driving the rise…
Things we’re reading today include … Central bankers unveil code to crack down on currency market rigging Lloyds chairman: Brexit will not lead to ‘Jenga tower’ collapse of UK finserve sector New payday loan regulations come into force Initial coin offerings risk damaging your financial health This week’s Economist: One bitcoin is worth twice as much…
Things we’re reading today include … Moody’s downgrades China for first time since 1989 as it warns financial strength will erode as debt mounts Google plans to track credit card spending Funding Circle wins approval from regulator in peer-to-peer boost Potential settlement in RBS £12bn rights issue trial hit by further delays as lawyers can’t…
Things we’re reading today include … Transferwise’s Borderless bank account lets you save money in different currencies Morgan Stanley to curb veteran adviser recruiting Barclays facing £1.6bn High Court lawsuit RBS on verge of avoiding embarrassing High Court battle as investors poised to agree to £200m settlement Bank of England Governor tricked by email prankster…
Things we’re reading today include … Hackers hit Russian bank customers, planned international cyber raids Under Pressure: The Shifting Landscape of Banking Regulations Banknote maker De La Rue quids in as profits rise TransferWise to offer cross-border bank accounts Barclays tightens email security to prevent hoaxes after boss fell for fake chairman prankster Trial over…
Things we’re reading today include … Qatar looks to woo UK with ‘Wall Street of the Middle East’ pitch Bitcoin options exchange raises $11.4 million in funding Ex-RBS boss Fred Goodwin under scrutiny in court hearing Deutsche Boerse CEO seeks end to insider trading probe: Handelsblatt RBS tries for last-minute settlement before investor court case:…
This week’s major updates on the Finanser … What banks can learn from Wal-Mart I picked up Bloomberg Business Week at the airport this week, attracted by the cover. Wal-Mart have issues with the digital revolution. Amazon is stealing their lunch, literally, and they’ve been struggling for years to work out what to do about it. …
Things we’re reading today include … Ant Financial claims doubling of daily users Share sale returns Lloyds to private sector Lloyds chairman Lord Blackwell speaks of ‘great pride’ as bank returns to private hands Lloyds chief executive Antonio Horta Osorio welcomes the end of government ownership Lloyds chairman gives strongest signal to date Antonio Horta-Osorio…
