Things we’re reading today include: Klarna gets a full banking license, gears up to go beyond financing payments Moody’s Cuts Ratings on Australia’s Banks on Housing Concern Almost 1m UK bank customers will be forced to use new sort codes A Female CEO of a Big Bank? The Odds Are Now Greater Than Zero Economists…
This week’s main blog headlines are … The crazy world of crypto currencies and ICOs I’m boarding a flight yesterday and murfing (mobile surfing). Flicking between Facebook apps, twitter, bank account, BBC news and more. Suddenly I spot a new ICO – Initial Coin Offering – for a new bank. From Wikipedia: “An initial coin offering (ICO)…
Things we’re reading today include … Company directors targeted by identity fraudsters U.S. acts to seize stolen assets, Picasso in probe of Malaysian fund Surprise for markets as trio of Bank of England gurus call for interest rates to rise Booz Allen Hamilton says DOJ investigating its accounting practices Duke of York: UK firms should…
Things we’re reading today include … Andy Haldane reappointed to Bank of England monetary policy committee Zelle, the real-time Venmo competitor backed by over 30 U.S. banks, arrives this month Is buying Lloyds Banking Group plc the best way to make a million? Former Barclays anti-money laundering director named City minister Misys boss to lead…
Things we’re reading today include … Trump’s Wall Street game plan needs players Three UK currency traders abandon US extradition fight and agree to face charges in Manhattan court Dodd-Frank is complex and overburdens the financial sector StanChart brings in senior talent to fuel U.S. expansion London could lose EU euro clearing role U.S. plans…
Things we’re reading today include … Forbes rich list: Which celebrities earned the most over the past year? AIB float to value lender at up to €13.3bn Five reasons why the City could benefit from election mess UK election result ‘may delay Brexit talks’ U.S. recession remote in next 12 months: Deutsche Bank What business…
Things we’re reading today include … Building blockchain banks with ICOs Suitors hire Barclays to look at possible Co-op Bank bid Zopa hunts for 40 tech whizzes as it narrows focus on bank launch Hung parliament sinks business confidence, IoD finds Trading tool UniCredit CEO confident Italian banks will help rescue Veneto lenders US Federal…
This week’s main blog headlines are … Digital banks are Copernicus banks (incumbents are with the Flat Earth society) Twenty years ago, I was working on re-engineering projects. Most of the time I was getting exasperated because the banks wouldn’t take on the big projects, like the mortgage process, as it went across too many…
Things we’re reading today include … Eurozone picks up pace as economists hail ‘sizzling’ recovery Dollar cleans up as UK election shock stuns sterling Former HSBC banker faces extradition fight over currency rigging claims JPMorgan operating chief to go, Dimon successor pool shrinks Banco Popular burnt through €3.6bn in two days ahead of rescue This…
Things we’re reading today include … Judge calls off High Court trial into RBS rights issue Goldman Sachs boost rates for savers in bid to attract deposits Tech companies invade banks’ territory with customer loans ECB keeps money taps open but drops reference to rate cuts Some RBS investors still refuse settlement Seven reasons why…
