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…
Things we’re reading today include … Why 3,000 bank branches must close New adverts to encourage bank switching European banking shares dive amid threat of $14bn Deutsche Bank fine China facing full-blown banking crisis, world’s top financial watchdog warns Banks face $5bn hit to research teams Credit worthy? Global banking watchdog warns over Chinese banks
Things we’re reading today include … Bonuses are back! Payouts hit £44bn, but it isn’t the City boys who are cashing in Deutsche Bank says U.S. DoJ asks it to pay $14 billion to settle mortgages case US bankers: ‘Brexit impact global’ Phoenix confirms ‘advanced discussions’ to buy Deutsche’s Abbey Life Bank bosses warn that…
Things we’re reading today include … Deutsche Bank boss tells staff to think like a tech firm, if they keep their jobs HSBC retail head sees more bank partnerships with financial tech firms UK regulators seen as fintech friendly Chancellor dismantles key Osborne pledge to cut corporation tax Bitcoin technology offers hacker protection Bank of…
