This week's main stories are … Is Fintech really so special? Maybe … or maybe not So everyone’s excited about Fintech, but Fintech is nothing new. Fintech is actually pretty old. I could claim that if Fintech is about providing technology platforms to exchange finance, then that’s been around since banks first implemented technology platforms…
Things we're reading today include … Lord Green of Hurstpierpoint: Ex-HSBC chair says sorry for Swiss and Mexican failures Britain's banks face £40bn bill as a result of George Osborne's extra taxes Sir Mike Rake to leave Barclays Britons are happier with their banks than they have been for years Profits up as JP Morgan…
Things we're reading today include … Apple Pay about to launch in the UK Market Report: JPMorgan puts Just Eat top of its European online stocks London-listed lender hit by crackdown in Poland Lehman creditors' recovery may soon reach $7.8 billion Stock market rout another blow to fading 'Chinese Dream' Bank of England plans to…
This main stories over the past fortnight are … Something better change A true story. The year is 1990 As robo-advisors take over, how do the incumbents respond? Yesterday I said something better change, and it is. This blog has covered extensively how things are changing in payments, retail and commercial banking, but I haven’t…
Things we're reading today include … FCA drops three-year probe into 'London Whale' Barclays: investment bank blues Barclays has staged its own Shakespearean tragedy Website turns free time into money Swiss banks agree US settlement Greece debt crisis live: EU comes round to US demands to scrap Greek debt… but Merkel has other plans Mastercard…
Things we're reading today include … Barclays sacks Antony Jenkins as chief executive Jenkins has paid for his failure to wrestle Barclays investment bank into shape Antony Jenkins fired: Investors cheer Barclays' shock move to get rid of chief executive Barclays Chairman McFarlane axes CEO Barclays has staged its own Shakespearean tragedy The New York…
Things we're reading today include … Is This a Coffee Shop or a Bank? Bankers sacked after filming mock IS execution of Asian worker European Central Bank tightens noose on banking system as creditor powers punish Greece UK banks in digital payment app tie-ups U.S. banks post detailed crisis plans to avoid breakup threat VIDEO:…
Things we're reading today include … Contactless transactions break the 1 billion mark Executives fear asset management iTunes Euro falls as Greece votes 'No' to bailout package Greek finance minister quits to smooth talks after 'No' vote Greece debt crisis live: Varoufakis in shock resignation after Greeks reject EU bailout offer Banks 'not liable' for…
Things we're reading today include: The eurozone has underperformed since the single currency launched Brazil probes currency market activity of 15 global banks World economy: The hidden rocks Trader Tom Hayes 'put Libor wishlist on Facebook' So regulators will be tough wherever HSBC goes… Exclusive: ING on course to win auction for HSBC's Turkish bank…
Things we're reading today include … The eurozone has underperformed since the single currency launched Chinese banks get results, but their methods don't stand up to scrutiny PayPal to buy digital money transfer provider Xoom Barclays customers can now pay in cheques with iPads and Android phones Bank accounts 'top' target for fraud JPMorgan builds…
