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The Finanser’s Week: 3rd November – 9th November 2014

Our biggest stories of the past week are … Retailer banking: it's just not the same We talk a lot about challenger banks.  These are the new banks that will create competition against the incumbents.  The names thrown around include Metro Bank, Virgin Money, Tesco Bank, Aldemore, Shawnbrook and more.  Although none of these have gained…

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Things worth reading: 7th November 2014

Things we're reading today include … Full investigation into the dominance of 'big four' UK banks confirmed UK banks to face competition inquiry Is British banking broken? Exclusive: Some senior Merrill brokers leave, BofA executives concerned – sources Bank of America third quarter profits slashed by $400m after legal charge Commerzbank third-quarter profit triples Coins…

Things worth reading: 6th November 2014

Things we're reading today include … A rate rise may be due here, but cheap money could cost Europe dear Ex-Swinton bosses fined and banned London Stock Exchange to freeze trading at midday to fend off high-frequency traders Virgin group: Brand it like Branson Nationwide offers wrist watch for bank balance checks Interest rates are…

Things worth reading: 5th November 2015

Things we're reading today include … UBS loses safaris and strippers court case Exclusive: U.S. lacked hard proof in tax trial of ex-UBS banker, jurors say UBS loses lawsuit over derivatives deals with German water company Citi's Linville slowly turns around bank's card business Soaring Santander must treat its new customers right to keep them…

Things worth reading: 4th November 2015

Things we're reading today include … HSBC sets aside $1.8 billion for forex probe, misconduct HSBC battered by more than £1bn in new potential fines over scandals JP Morgan facing currency probe JP Morgan sets aside $6bn for legal costs after revealing US forex probe Banks set aside up to $7 billion as UK currency…

Things worth reading: 4th November 2015

Things we're reading today include … HSBC sets aside $1.8 billion for forex probe, misconduct HSBC battered by more than £1bn in new potential fines over scandals JP Morgan facing currency probe JP Morgan sets aside $6bn for legal costs after revealing US forex probe Banks set aside up to $7 billion as UK currency…

Things worth reading: 3rd November 2014

Things we're reading today include … British banker arrested in Hong Kong double murder case Tesco eyes £1bn from bank sale Bank shares surge as new rules on capital prove less strict than feared RBS to advise police on financial crime Merkel 'would accept UK exit from EU' Small Talk: Other sources of money for…

Things worth reading: 3rd November 2014

Things we're reading today include … British banker arrested in Hong Kong double murder case Tesco eyes £1bn from bank sale Bank shares surge as new rules on capital prove less strict than feared RBS to advise police on financial crime Merkel 'would accept UK exit from EU' Small Talk: Other sources of money for…

The Finanser’s Week: 27th October – 2nd November 2014

Our biggest stories of the past week are … Ryanair Bank or Private Bank? Your choice! I’ve talked for some time about component based banking but what about component based pricing?  Bank pricing is the most opaque part of the industry, and the part that irritates customers the most.  Customers get charged high fees for unauthorised overdrafts…

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The Finanser’s Week: 27th October – 2nd November 2014

Our biggest stories of the past week are … Ryanair Bank or Private Bank? Your choice! I’ve talked for some time about component based banking but what about component based pricing?  Bank pricing is the most opaque part of the industry, and the part that irritates customers the most.  Customers get charged high fees for unauthorised overdrafts…

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