Our main stories this week include … The Most Expensive Insurance Claims of all Time [Infographic] Did you know that the global financial crisis of2008 cost insurance companies almost $22 trillion USD? Or that the 9/11 attacks led to insurance pay-outs totalling $40 billion USD? This infographic explores some of the largest pay-outs the world…
Things we're reading today include … Get rich quick with UK challenger banks Ex-Rabobank traders face first U.S. trial over Libor manipulation Matchmakers seek bigger slice of the game Payments system to be smashed wide open for challenger banks Facebook paid only £4,327 in UK tax last year – less than the average worker UK…
Our main stories this week include … What happens if your Digital Identity is compromised? I’ve been asked the same question twice this week in two separate conferences (one in Vienna, the other in San Francisco): “how will we deal with the corruptive forces when we are all on the net?” So here’s the plotline…
Things we're reading today include … London Stock Exchange sells Russell Investments for $1.2bn Apple Pay to expand to Starbucks, Chili's, KFC Lagarde: China not all 'doom and gloom' The Greeks can’t live without the euro and they can’t live with it Los Angeles drops discrimination lawsuit against Citigroup Quantitative frightening Clinton takes aim at…
Things we're reading today include … Royal Bank of Scotland Trialing In-House Cryptocurrency Bank of America says banks may have $100 billion in exposure to Glencore Deutsche Bank expects to lose €6bn in just three months Fix Libor for a curry, court told Hedge funds suffer biggest losses since the financial crisis Fund managers: don’t…
Things we're reading today include … Santander HQ evacuated after white powder sent to executives Trial by Twitter for big banks as technology fails them JPMorgan buys more mortgages from other lenders as market shrinks FCA publishes new rules on whistleblowing Lloyds public share sale planned for spring – but should you buy? Challenger banks…
Things we're reading today include … World Bank: 'extreme poverty' to fall below 10% of world population for first time Lloyds public share sale worth £2 billion planned for spring British banks beat 25% target for women directors – but still lag behind EU rivals Taxpayer risks making a loss on discounted retail sale of…
Things we're reading today include … Global regulators finalize new capital rule for big insurers Bernanke: More execs should have faced prosecution for 2008 crisis – USA Today Finance chiefs say their companies have been plunged into uncertainty Santander in court over 'the worst trade ever' Is this Government bank behind the alternative finance boom?…
Our main stories this week include … Do banks need to change so fast? An interesting report from the BBC: “Banks in the UK and across Europe could lose their best customers if they fail to make massive investments in mobile banking and marketing. Traditional 'retail' banks are most at risk, according to a survey…
Things we're reading today include … Global trade slowdown stokes fears over worldwide economy RBS spin-off Williams & Glyn applies for banking licence Banks told to do more to help customers save money – or risk being named and shamed JPMorgan to pay most in $1.86 billion swaps price-fixing settlement: Bloomberg FCA mulls deadline for…
