Things we’re reading today include … Asian stocks extend losses as BOJ offers gloomier economic view SocGen to buy Kleinwort Benson RBS to cut almost 450 investment banking jobs in UK The CBI: David Cameron’s unwavering ally in EU referendum SFO ends foreign exchange fraud inquiry with no charges brought CBI survey ‘favours EU membership’…
Things we’re reading today include … Oxfam says UK’s top 1% took quarter of all new wealth over past 15 years Insurers split over Solvency II Jailed Libor trader Tom Hayes seeks to keep Surrey home Systems creak under regulatory pressure RBS replaces people with ‘robo-advisers’ RBS to cut 550 jobs as part of plan…
Our main stories of this week includes … ValueWeb: Fintech is building the Internet of Value ValueWeb: How FinTech firms are using bitcoin blockchain and mobile technologies to create the Internet of Value After months of writing and editing, I’m delighted to say that my new book ValueWeb is now available. “Chris Skinner – one of…
Things we’re reading today include … Spelling mistake prevented hackers taking $1bn in bank heist How the ECB is trying to revive the eurozone Wall Street ends flat as Draghi disappoints ECB cuts interest rates to zero amid fears of fresh economic crash Down the financial rabbit hole Exclusive: China to ease commercial banks’ bad…
Things we’re reading today include … Square nearly doubles revenue in fourth quarter but loses $41m in 2015 Nasdaq to buy ISE options exchange from Deutsche Boerse Exclusive: China to allow commercial banks to swap bad debt for equity stakes in firms – sources Citi creates new group focused on serving fund clients Spain’s monarchy…
Things we’re reading today include … Big U.S. banks to take on tech rivals with instant payments US investment banks open gap over Europe RBS pays share bonuses worth £17.4m to top management team Withhold bankers’ bonuses for a decade, says Barclays man Carney: EU exit ‘biggest domestic risk’ Jailed Libor trader blocked from supreme…
Things we’re reading today include … £10m payday for Metro Bank cashiers as stock market float pays off New UK rules hold bank bosses accountable for misconduct NatWest online banking flaw enables hackers to drain bank accounts by stealing your smartphone Bank customers’ overdraft fees could be capped, say regulators Bank pledge adds to fears…
Things we’re reading today include … Bankers jostle to be junior as UK accountability rules kick in Race to provide robo-advice hots up FCA chief denies new regime is soft on bankers Faith in central banks’ healing powers faltering: BIS Europe urged to back investment banks EU referendum: British exit would be ‘poison’, says German…
Our main stories of this week includes … Why most banks fail at transformational change I had a few wake up calls in my years of working in financial services, and a couple of key ones gave me an insight into the mentality of major financial firms that have stayed pretty true ever since. The first was…
Things we’re reading today include … Mastercard Plots £1bn Vocalink Takeover Bid UBS France probed over tax witness Taxpayers ‘unaware’ of key tax changes LSE says German merger ‘compelling’ Barclays’ ‘nightmare scenario’ Regulators accuse ANZ of rate-fixing Getting the most from a bank account China takes aim at banks’ bad debt burden Fiery crash kills…
