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…
Things we're reading today include … SoftBank leads $1 billion investment in U.S. fintech startup SoFi From heroes to bystanders? Central banks' growth challenge Lord Hill’s capital market reform push U.S. launches insider-trading probe into Federal Reserve leak: WSJ Deutsche Bank could be forced into riskier lending RBS trader: bank fired me to disguise its…
Things we're reading today include … Bankers hope Chinese will splurge on European companies A stronger capital markets union for Europe Pension system 'needs reform' McKinsey warns banks on finance services Banks 'are past the worst on fines and punishments' JPMorgan ordered to face London Whale class action in U.S RBS could buy back its…
Things we're reading today include … Google search chief looks to the future Lawsuits say US Treasury market is rigged Deutsche Bank predicted to cut 10,000 jobs Over 200 million chip-enabled payment cards issued in the U.S.: group U.S. court hears challenge to $5.7 billion Visa, MasterCard settlement SFO probes 'whether Bank of England advised…
Things we're reading today include … Deutsche Bank got great deal because investors thought it was Germany's central bank, board member admits China slowdown hits UK financial services Rule Britannia: London overtakes New York as the world's best financial centre Deutsche Bank holds conference on women in business – and names it 'Men Matter' The…
Things we're reading today include … Osborne's China deal makes London renminbi hub outside Asia Hilary Clinton joins outrage at hedge fund investor Martin Shkreli's 5,000% HIV drug price hike Banks slash another 300,000 interest-only mortgages Goldman CEO Blankfein says has 'highly curable' form of cancer After backlash, U.S. auditor watchdog head faces uncertain future…
Things we're reading today include … Win or lose, Bank of America vote shows new shareholder muscle HSBC plans Chinese hiring spree as it weighs decision to move HQ Sanctions-busting fears could drive banks away from Iran Apple's app store hacked by malware in China in its first major cyber attack Ex-Morgan Stanley adviser pleads…
Things we're reading today include … Bank customers believe there's a future for local branches. It's right for investors – not the taxpayer – to pay for bank failures, says BoE Thousands more UK bank branches could face closure In 10 years, banking will look like a sci-fi film Banks pay £31bn in tax as…
