Things we’re reading today include … Brexit poses global financial risk, Bank of England warns HSBC pays out £1bn to settle US sub-prime lender fraud claim Bank governor Mark Carney clashes with Vote Leave over EU A third of UK businesses think Brexit would be bad for economy Barclays says £721m lawsuit by financier is…
Things we’re reading today include … Goldman Europe chief to face BHS inquiry Wells Fargo takes aim at start-ups Crowdfunding sites do battle with VC firms London traders brace for biggest night since ‘Black Wednesday’ Subjective U.S. bank forecasts to figure in loan loss reserves Prostitutes’ details found on Goldman banker’s phone, court told StanChart…
Things we’re reading today include … Used car salesmen still the ‘least trustworthy’ workers in Australia – but bankers are fast catching up Goldman Sachs hired prostitutes to win Libyan business, court told Greek central bank chief brands bail-out targets ‘socially unattainable’ Goldman Sachs accused of “taking advantage” of naive Libyans who “live in the…
Things worth reading today include … New criminal gadget can clone up to 15 contactless bank cards a second Farewell BBA: Lobby group backs plan to merge bank industry bodies after Libor scandal Libya SWF trial against Goldman Sachs set to start at London High Court Big Bang spawned a dark-trading monster UK financial services…
Our main stories of this week includes … Digital is all about the people I got caught up in a conversation about building a new digital bank the other day, and being asked how I would organise the project. I’m a simple guy and go back to basics, and the basics are people, process and product. People…
Things we’re reading today include … Two charged in cyberfraud against JPMorgan, others plead not guilty Lending Club website goes down, cites data center outage US investment banks conquer Europe Four tips to beat the cybercriminals Heavy cost of UK’s access to the single market in Europe George Soros warns Britain leaving could be end…
Things we’re reading today include … Bank competition probe ‘a squandered opportunity’ A million British households are now millionaires – even excluding their houses US warns banks of Swift hacking threat Guy Hands sues Citigroup again over EMI World’s wealthiest people just got 5.2% wealthier PayPal wants to be more than a last resort Will…
Things we’re reading today include … Emirates NBD to create digital-only bank to target young customers McKinsey’s secret $5bn fund in spotlight Hackers target Mark Zuckerberg accounts Elizabeth Holmes’s fall from hero to zero highlights problems of rich lists Bank of England in preparations for potential Brexit British voters succumbing to ‘impulse, irritation and anger’…
Our main stories of this week includes … Regulations, Innovations, Sandboxes and #RegTech So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more. I’ll blog about the bits I can in the next few days, and thought I’d start with an overview of the Financial Conduct Authority’s…
Things we’re reading today include … Bank of America worker fired after posting vile racist rant Fed Governors Signal Bigger Bank Capital Requirements Looming PayPal Isn’t a Bank, But It May Be the New Face of Banking Swift threat to suspend weak members Flash the plastic – Bank of England unveils untearable £5 note US…
