A summary of the main blogs of the week … FiBD: The FinTech Bullshit Detector I’ve been wondering for a while how so many companies can be starting up something in the same space, and how are they surviving? The reason for mentioning it is that we keep hearing these numbers around how many billions…
Things we’re reading today include … Bank cost-cutting threatens free cash machines World’s top bankers excited over Trump presidency US bankers hatch two-stage Brexit plan for City Monte dei Paschi bailout ‘not an EU fudge’ says Dijsselbloem May’s ‘positive discussion’ with banks Barclays boss: UK will remain financial lungs of Europe Are eight men as…
Things we’re reading today include … City banks warn of Brexit job moves Credit Suisse finalizes $5.3 billion mortgage deal with U.S. Clydesdale and Yorkshire Bank to close dozens of branches JP Morgan Chase pays $55m over racial discrimination Deutsche Bank takes the axe to staff bonuses Wall Street’s animal spirits make a comeback City…
Things we’re reading today include … Voice trouble How finance is being taken over by tech Morgan Stanley’s profit doubles on bond-trading surge Deutsche Bank sees fourth quarter pretax impact of $1.2 billion from DoJ civil penalty The 5 most expensive buildings in the world City figures give stoic welcome to May’s plans for EU…
Things we’re reading today include … Deutsche Bank, HSBC and five other big banks form ‘Digital Trade Chain’ consortium UBS CEO says bank has flexibility over passporting rights post-Brexit Metro Bank gets down to business The pound falls to its lowest level since October flash crash over fears Britain will lose single market access London…
Things we’re reading today include … Post-Brexit vote, UK leapfrogs Sweden and US in allure Fintech groups fall short on gender equality For HSBC, the future is robo-advice and Asia Pound plunges to lowest level since October flash crash as markets brace for ‘hard Brexit’ speech JPMorgan looks for big payoff from lead in deposit…
Things we’re reading today include … Exclusive: Morgan Stanley cuts bankers, bonuses as deals, IPOs stall – sources Worldpay founder to launch challenger bank Five signs this week that the UK economy is thriving post-Brexit Marine Le Pen’s nerve-jangling plans to revive the French franc UK companies would cope with ‘hard Brexit’, says Fitch boss…
Things we’re reading today include … The Swiss central bank turned a record-setting loss into a massive profit Value of reported fraud in UK financial services falls sharply HSBC chairman: Brexit could trigger ‘Jenga tower’ of City job loses Exclusive: Banks forced to cover tracks of China’s forex regulator World Bank predicts 2.7% global economic…
