Things we’re reading today include … London or New York? Why Brexit has shaken up the banking rivalry Wells Fargo complaints show flaws in federal whistleblower program Deutsche says wealth management outflows not significant China tops US in numbers of billionaires Wells Fargo’s new CEO faces immediate test Retailers and issuers are still battling over…
Things we’re reading today include … Blockchain becomes more than just hype Brexit makes China keener to strike a trade deal with Britain, says ambassador Some banks are too complex to break up Why RBS may be facing its most damaging scandal yet Sterling likely to fall further, predicts new Bank of England policymaker City…
Things we’re reading today include … Bank of England’s Mark Carney and Philip Hammond in bank ‘war game’ Far from stepping back, top central banks are set to double down Goldman Sachs ‘undecided’ on 2,000 staff move from the City if single market access is lost Frankfurt vies for UK banking jobs Banks ponder the…
Things we’re reading today include … The millennial mood in the City after Brexit Wonga admits double-charging customers Central banks are hitting global trade just like Donald Trump, say former Bank of England officials ING to cut 5,800 jobs in digital plan Big banks miss out on fintech push Apple launches Apple Pay payment service…
Things we’re reading today include … ING plans to shed 7,000 jobs, invest in digital platform Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’ The City of London will be fine after Brexit – and a vengeful Europe would be shooting itself in the foot Deutsche Bank races against time to…
Things we’re reading today include … Why is Deutsche Bank now the biggest worry in the financial world? If elected, Clinton under pressure to appoint tough Wall Street sheriffs Wealth of people in their 30s has ‘halved in a decade’ Bankers could have their phone calls recorded and kept for five years under tough new…
Things we’re reading today include … Blockchain Will Be Used By 15% of Big Banks By 2017 Banking business model is broken, analyst warns Citigroup becomes last big U.S. bank to join payments network London Stock Exchange offers to sell European clearing business ahead of full Deutsche Boerse merger probe QE is here forever, says…
Things we’re reading today include … Wells Fargo chief forfeits $41m amid corruption probe Like dodgy plumbing, Deutsche Bank will be expensive to fix – but not impossible Standard Chartered shares slump amid fears over US bribery probe RBS to pay $1.1 billion to resolve U.S. regulator’s mortgage cases Eurozone risks collapse into prosperous north…
