Things we’re reading today include … Number of U.S. bank branches to shrink 20 percent in five years will.i.am to mix tech know-how with banking at Britain’s Atom Lloyds bank bailout repaid in full, says Philip Hammond For Wells Fargo directors, narrow wins may not be enough Weatherbys aims to double client base and loan…
Things we’re reading today include … What’s wrong with Lloyds Banking Group plc? Fed fines Deutsche Bank $156.6 million for forex violations America’s big banks have an encouraging first quarter Mark Carney begs politicians not to rip up new financial rulebook Digitisation shakes up corporate-bond markets BoE loses another female executive as ex-Carney adviser quits…
Things we’re reading today include … Bank of America boosts digital banking segment IMF encourages banks to sack staff amid weakness due to ‘legacy of bad debt’ Can you stop your bank branch closing? HSBC refuses to open bank account for Chinese dissident Ai Weiwei Five areas of fintech that are attracting investment U.S. House…
Things we’re reading today include … Challenger bank Redwood secures banking licence and £30m council investment City backs Carney with plan to keep finance open after Brexit ‘Best banker in America’ blamed for Wells Fargo sales scandal Citi tops global transaction banking ranks: Coalition Tangled web of Cohn, Goldman and Glass-Steagall The secret recording implicating…
A summary of the main blogs of the week … Solving state corruption with technology I try to generally avoid making political commentary on the blog as it’s not appropriate. This is a blog about technology and finance, not the economy and politics. Every now and again the two come together such as with Brexit…
Things we’re reading today include … Monzo, a UK digital-only challenger bank, granted full banking license China’s Army of Bank Tellers Retreats China curbs ‘Wild West’ P2P loan sector London and Brussels urged to agree Brexit transition deal to protect banks Banks and building societies snub Lifetime Isa launch U.S. regulator fines Credit Suisse unit,…
Things we’re reading today include … Jamie Dimon admits ‘not many’ JP Morgan jobs will leave UK in major Brexit U-turn What Brexit means for the City Risky lending will endanger banks if credit bubble bursts, Bank of England warns Bank still worried about personal lending Donald Trump tells banks he will give laws a…
This week’s main blog headlines are …. GulfTech is the next big thing I’ve just returned from the United Arab Emirates (UAE) where there were a number of events. Just a few weeks ago, I was in Bahrain, talking at a conference about FinTech as usual. What struck me is the interest and excitement about…
