Things we’re reading today include … What Brexit could mean for the City LSE and Deutsche Börse in fresh talks to create European powerhouse Standard Chartered makes first annual loss since 1989 British bank annual results – interactive Is the era of bank bailouts over? London Stock Exchange in merger talks with Deutsche Börse –…
Things we’re reading today include … Mastercard rolls out selfie ID checks Vienna named world’s top city for quality of life Why Cameron tussled with the French over the City Goldman scales back estimate of legal costs HSBC shares slide after earnings Sky-high stakes, yet HSBC is taking risks with US justice Pound hits seven-year…
Things we’re reading today include … New market storm could catch euro zone unprepared JPMorgan may hold steady on cost target despite low interest rates HSBC sees 1.2% fall in net profit Time for the annual bank results bust-up Investment banks’ trading revenue declined 9 percent in 2015: survey Central bankers on the defensive as…
Our main stories of this week includes … The natural order of society is that the system dictates the system Building on yesterday’s discussion of how Fintech firms will eventually become banks, I think a lot of people overlook the humanity in the network. What I mean by this is that there is a natural biological…
Things we’re reading today include … Insight: Parmesan bonds replace bank loans in Italy’s new credit order ECB expected to take further action to boost eurozone economy Politics nothing to do with curbing big banks: Fed’s Kashkari Citigroup plans to exit retail banking in Argentina, Brazil – Bloomberg Five Chinese bank execs arrested in Spain…
Things we’re reading today include … Apple Pay takes on China’s internet kings in mobile payments Apple Pay service launches in China Federal Reserve meeting minutes show uncertainty about global economy Number of UK homes worth more than £1m set to ‘triple by 2030’ Russia sues Ukraine over $3bn debt Brexit could benefit UK…
Things we’re reading today include … Investment banks’ profits to fall after market meltdown Metro Bank becomes latest victim of rocky markets as it slashes pre-float fundraising US Fed member wants break-up of banks Banks behind quarter of peer-to-peer loans There will be another crisis. It’s just a question of when Architect of 2008 bailout…
Things we’re reading today include … UBS rates bankers’ behavior in performance review revamp: sources HSBC to keep HQ in UK: what the experts say Focus shifts to HSBC boardroom personnel after HQ decision Mapped: Negative central bank interest rates now herald new danger for the world Safety check: Are our banks now safe? Global…
Things we’re reading today include … HSBC will remain in London after board makes final decision on bank HQ UK banks vulnerable to global shock, economist warns Citi’s top bankers could avoid UK rules Stress and the City: Britain’s bank workers buckle under pressure German poll finds one in three firms would leave UK after…
Our main stories of this week includes … Is it Fintech or Techfin (Part One) In conversation with bankers and start-ups, it is clear that there is a differing view of the world. It is not as clear-cut as nimble innovator versus dinosaur incumbent, which is how many portray this chasm of difference of thinking, but…
