Things we’re reading today include … California prosecutors open new front in Wells Fargo scandal Security breaches feared in up to 3.2 mln Indian debit cards: report Chancellor insists Bank of England will remain independent Fed risks repeating Lehman blunder as US recession storm gathers Handelsbanken shrugs off Brexit to post rising profits Bank of…
Things we’re reading today include … China’s economy grows steadily at annual rate of 6.7% City watchdog to crackdown on anti-competitive investment banking practices Want to know why central bankers can’t solve the world’s problems? Read a book Ecuador bank’s suit against Wells Fargo over cyber heist can go forward: ruling Amicus becomes the latest…
Things we’re reading today include … Pound fall a ‘shock absorber’, says BoE’s Ben Broadbent Visa CEO Charles Scharf to resign, ex-AmEx president to take over Deutsche Bank’s options to solve capital dilemma seen to be limited RT: NatWest to close Russian channel’s UK bank accounts Bank of America enjoys best quarter since the financial…
Things we’re reading today include … Lack of new blood casts doubt over Wells Fargo’s change plan Euro ‘house of cards’ to collapse, warns ECB prophet Goldman Sachs vindicated but bruised in court battle with Libyan fund Lending Club tightens credit policies Redwood, a challenger bank founded by the Rowland family, seeks FCA approval Transcripts…
Things we’re reading today include … London or New York? Why Brexit has shaken up the banking rivalry Wells Fargo complaints show flaws in federal whistleblower program Deutsche says wealth management outflows not significant China tops US in numbers of billionaires Wells Fargo’s new CEO faces immediate test Retailers and issuers are still battling over…
Things we’re reading today include … Blockchain becomes more than just hype Brexit makes China keener to strike a trade deal with Britain, says ambassador Some banks are too complex to break up Why RBS may be facing its most damaging scandal yet Sterling likely to fall further, predicts new Bank of England policymaker City…
Things we’re reading today include … Bank of England’s Mark Carney and Philip Hammond in bank ‘war game’ Far from stepping back, top central banks are set to double down Goldman Sachs ‘undecided’ on 2,000 staff move from the City if single market access is lost Frankfurt vies for UK banking jobs Banks ponder the…
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…
