Reading

Things we’re reading today include … ECB warns of political uncertainty risk to eurozone American bankers look forward to a bonfire of financial rules Wells Fargo asks U.S. court to dismiss account scandal lawsuit How much will Brexit cost? India grapples with the effects of withdrawing 86% of cash in circulation You may be higher…

Things we’re reading today include … Citi and JPMorgan top list of globally systemic banks HSBC and Barclays deemed less risky by global financial regulator Economists need to get into the real world, says Bank of England chief economist US bank regulation: Repo what you sow Britain sells a further 1 percent of Lloyds shares…

Things we’re reading today include … Trump to be held to his word on Fed independence: Bullard TSB joins bidders for £16bn Bradford & Bingley loans Treasury dismisses RBS share sale claims The village that avoided India’s cash crunch Lloyds in pole position for BofA’s UK credit card business Barclays to unveil contactless smartphone cash…

A summary of the main blogs of the week … It’s so easy to hack you, and here’s how It was really interesting listening to Jamie Woodruff, The Ethical Hacker, talking about how he can break into anyone’s system.  It’s pretty easy when you know how.  His discussion shows just how easy it is, if…

Things we’re reading today include … Libor trader Tom Hayes writes to fraud squad over fresh Bank of England claims JP Morgan pays $264m to settle China ‘bribery’ probe Euro suffers longest losing streak on record as dollar climbs on Fed rate hike prospects Ed Balls: Bank of England needs less independence and more political oversight …

Things we’re reading today include … Dark web hackers boast of Tesco Bank thefts The boss who wanted to be a bank teller Merkel warns against protectionist responses to globalization Banks surge on hopes Trump victory will ease regulation Morgan Stanley executives earn $10.5 million in post-election rally Rumours swirl of €13bn fund-raising by UniCredit …

Things we’re reading today include … Gold sees biggest rally since Brexit as as investors flee to safe havens Goldman promotes record number of women to top tier India scraps 500 and 1,000 rupee bank notes overnight UK ‘flash crash’ trader Navinder Sarao pleads guilty in US US investors prepare for ‘regulatory bloodbath’ Banks promise…

Things we’re reading today include … Tesco Bank says attack cost it £2.5m and hit 9,000 people High-tech heists highlight banks’ challenge City watchdog asks Government to lay out a Brexit plan of action  Autumn Statement: Hammond must ‘prepare for more austerity’ as Brexit raises borrowing by £25bn Indian banknotes change sparks worry in Mumbai…

Things we’re reading today include … Wall Street expected to see second year of declining bonuses: report Euro founding father Otmar Issing warns about project’s future HSBC profit falls 86% on Brazil disposal Tesco Bank to freeze online customer transactions after hacking attack EU reconsiders financial market access rules An Asian investor’s haven for U.S….