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…
The main blog posts this week were … Next generation insurance and the future of humanity Building on yesterday’s InsurTech theme, I remember being taught the principles of insurance some years ago. A key difference between insurance and any other business is that it is seller beware rather than buyer beware. This is why the…
Things we’re reading today include … SEC charges fund manager Cooperman with insider trading Want to be fabulously wealthy? Here’s the degree you’ll need Facebook founder Mark Zuckerberg pledges $3bn to rid the world of all disease Brexit provides an obvious solution to the Royal Bank of Scotland’s Williams & Glyn headache Wall Street executives…
Things we’re reading today include … Almost 5,500 finance firms use passports to access single market Elizabeth Warren mauls ‘gutless’ Wells Fargo boss Get ready for the mother of all stock market corrections once central banks cease their money printing Financial scam committed ‘every 15 seconds’ Santander walks away from talks with RBS over Williams…
Things we’re reading today include … Banks can cope with loss of EU passports after Brexit, says Moody’s Wells Fargo CEO to take ‘full responsibility’ in Senate hearing: NY Times Bitcoin is money, U.S. judge says in case tied to JPMorgan hack Investing in $1bn tech firms – US vs UK Payday firm CFO Lending…
