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…
Our main stories this week include … The European Digital Bank Plan: It's Official! I was honoured to be invited yesterday to address the European Banking Federation’s (EBF) annual conference in Brussels. There were many dignitaries there, as well as a number of senior Eurocrats, and so felt that my message of Fintech, Blockchain and…
Things we're reading today include … Banks refusing to repay card fraud victims based on 'a hunch' German bank Fidor launches in Britain HSBC could stay in UK, hints chairman Douglas Flint Web groups warned on financial regulation PayPal-owned Braintree to process $50bn-worth of payments this year Looking for the lifeboats
Things we're reading today include … Half of UK cash in black market or overseas, says Bank Tech tasks replace household chores as parents pay kids £20 per job Eurozone races to restructure Greek banks as bail-in looms 'Canada's most-wanted bank robber' arrested in Geneva Crowdfunding charlatans to be named and shamed by new rating…
Things we're reading today include … The end of free banking will come 'in the next five years' Half of UK cash is 'hidden or overseas' WorldPay owners seek better Ingenico bid World's biggest banks in fine fettle seven years on from Lehman disaster Sabadell eyes Northern Rock's mortgage portfolio Nigeria enforces single bank account…
Things we're reading today include … Exclusive: Deutsche Bank to cut workforce by a quarter – sources Deutsche Bank to close almost all Russian operations: sources UniCredit plans to cut around 10,000 jobs: source Credit Suisse to pay $80 million to settle dark pool allegations: Bloomberg Sabadell eyes Northern Rock's mortgage portfolio Please tell Sabadell…
Things we're reading today include …. Europeans seize on German bank weakness Digital bank Tandem joins ranks of challengers Bank details of thousands of Lloyds's customers lost RBS appoints BoAML to ready 2016 listing of Williams & Glyn Challenger banks claim competition probe is not tough enough Cyber insurance to triple to $7.5 billion by…
Our main stories this week include … Will bank developments in China lead to a global banking revolution? [Part One] This blog was first published on SAP for Banking, 12th August 2015. I recently found some exceptional insights into how China is leading the world of banking, as we saw the opening of digital banks WeBank…
