Things we’re reading today include … Which bank branches is TSB going to close? Rival branch closures boost Handelsbanken UK Young, savvy and poor: millennial men ‘earn £12,500 less than previous generation by 30’ Mervyn King: MPs’ attitude made Brexit inevitable Why is Greece back in the headlines? Wells Fargo likely to eliminate 2016 bonuses…
Things we’re reading today include … Biggest US banks holding $120bn of excess capital Brexit vote has ‘chilling’ effect on start-up investment Lloyds to review HBOS customer cases New India banks spark hopes of industry overhaul White House memo confuses Wall Street on fate of fiduciary rule Six traders plead not guilty to Euribor rigging…
A summary of the main blogs of the week … The Semantic Regulator (#RegTech Rules) A bank has to make a regulatory change every 12 minutes. That’s some task. A bigger question must also be: how can a regulatory check that a bank is compliant with their regulatory changes, if their regulations change every 12…
Things we’re reading today include … City fears German raid on Carsten Kengeter’s office could hit Deutsche-LSE merger Worldpay hires Santander exec as new UK boss Ex-HBOS banker ‘sold his soul for swag’ Deutsche Bank results hit by legal costs Trump effect ‘has been good for UK’ says central banker Moody’s says US passive to…
Things we’re reading today include … After the Wells Fargo scandal, millennials deserve a ‘Netflix model’ for banking How Banks Can Keep Up With Digital Disruptors Dan Loeb: Trump will make hedge funds great again Derivatives ‘Big Bang’ catches market off guard SoFi adds to portfolio with Zenbanx deal Deutsche Bank slips to £1.6bn loss…
Things we’re reading today include … What the World’s Biggest Bank Bosses Say About Brexit Exodus How we nailed the crooked HBOS bank boss who cost us £11million Atom Bank has raised £100 million and will announce within weeks Deutsche Bank’s $630m Russia fine reflects badly on bankin Pound surges after Donald Trump’s trade chief…
Things we’re reading today include … Former HBOS manager found guilty of corruption and fraud Former top City regulator joins Standard Chartered JPMorgan in push to mine customer data Bank of England pumps £5bn into firms and £20bn into banks to keep interest rates down UniCredit capital warning spooks investors MasterCard wins ruling in battle…
A summary of the main blogs of the week … Laundering-as-a-Service (a bank USP) I was surprised the other day when I met Pawel Kuskowski, CEO and Co-founder of Coinfirm, a start-up firm offering Compliance-as-a-Service. Pawel has been trained in compliance and AML, having worked with some of the world’s biggest financial institutions including AIG…
Things we’re reading today include … Alibaba’s Ant Financial buys MoneyGram for $880m €2.5bn cost of Mifid II rattles asset managers Dutch regulator mistakenly reveals Soros short positions TSB plans ‘year of liberation’ as it finally breaks free of rival and former owner Lloyds Lucky money Co-op Bank warns it will miss capital target Barclays…
Things we’re reading today include … Fintech ‘boom’ risks fresh ‘bust’ if left unchecked, warns Carney JPMorgan wins $1tn custody mandate from BlackRock Dutch regulator mistakenly reveals short positions Santander boss: London to remain Europe’s financial hub Which country is the most corrupt in the world – and where does Britain rank? Eurozone set for…
