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Things worth reading: 24th August 2016

Things we’re reading today include … China’s Best Bank Called ‘Mirage’ of Shadow Lending Financial markets rattled by Bank’s Brexit Bazooka Banks are forgetting their social function Blockchain Is Banks’ Secret Sauce Lloyds boss Antonio Horta-Osorio to express ‘deep regret’ to staff following affair allegations Big banks plan new digital currency The euro has destroyed…

Things worth reading: 23rd August 2016

Things we’re reading today include … Federal Reserve under growing pressure to reform system, goals Citigroup, AT&T end litigation over ‘thanks’ Urjit Patel: What issues face the new RBI governor? Contactless customers urged to ‘check’ before they tap Contactless cards grow in popularity as payments reach £9bn City firm axes big-money bonuses to stop ‘wrong…

Things worth reading: 22nd August 2016

Things we’re reading today include … Bank branch closures trigger high street alarm bells Establishment has much to learn from new breed of retail banks This is how scammers are using iPods to steal your bank details FCA reviews blockchain companies BBVA warns bonus cap hurts tech push U.S. banks want to cut branches, but…

The Finanser’s Week: 15th August – 21st August 2016

Here are our key posts for the past week … Applying Blockchain to Clearing and Settlement I’ve talked a lot about blockchain, but not much lately about the use cases, of which four stand out in terms of real activity: Clearing and Settlement, Trade Finance, Payments and Digital Identity.  I thought I’d do a deeper dive…

Things worth reading: 19th August 2016

Things we’re reading today include … ACCC takes more time on Apple, big bank iPhone stoush The bank that charges to keep your money ECB Minutes Flag Brexit and Banking Sector Concerns Lloyds Banking Group, HSBC and Royal Bank of Scotland in firing line in Australian rate rigging case brought in the US Moody’s deals…

Things worth reading: 18th August 2016

Things we’re reading today include … London Stock Exchange merger now heads to the regulators as Deutsche Boerse seals investor support Goldman Sachs: a play for the 99% Philippine ex-bank manager out on bail in case linked to cyber heist UK to avoid recession and world economy to ‘stabilise’ as Brexit shock passes – but…

Things worth reading: 17th August 2016

Things we’re reading today include … SEC cracks down on severance agreements that deter whistleblowing SEC says fund used terminally ill in fraud Investment: Rise of the DIY algo traders Handelsbanken ejects chief executive and promotes UK boss Ex-Goldman Sachs trader barred from industry Handelsbanken fires chief executive Sudden slide of world’s weakest currency Iceland…

Things worth reading: 16th August 2016

Things we’re reading today include: Bank sends widower letter offering him condolences for HIS OWN death Standard Chartered bringing biometrics to Asia, Africa and Middle East How U.S. sanctions targeted a Belize banana farmer, and hurt an economy Germans should have to work until 69, says Bundesbank Fidelity pushes for action on student debt Berkshire…

Things worth reading: 15th August 2016

Things we’re reading today include … App-only bank Mondo just got a banking licence Royal Bank of Scotland to disappear for customers outside Scotland How your bank spies on your exact monthly income – and shares it with other firms Bank of England considers easing challenger burdens Only the Conservatives can fix capitalism China central…

The Finanser’s Week: 8th August – 14th August 2016

Here are our key posts for the past week … Renewing core systems is like renovating the subways Someone recently equated banks and their systems and structures, to the underground in London.  It’s a lot of pipes, wires, cables and tunnels that were built in the Victorian times and are still operating today.  You have…

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