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…
Things we're reading today include … Goldman settles SEC charges over 2013 trading incident Libor legal battle could threaten validity of thousands of bank settlements at Lloyds Why banks won't be allowed to forget interest rate swaps Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being…
Things we're reading today include … Challenger finance firms taunt banks over legacy IT Digital banking: Mondo hopes to become the Google or Facebook of the sector Greek debt crisis: 85% chance Greece will leave the EU as its government imposes capital controls and closes banks, economist warns Greek debt crisis: What are capital controls…
Things we're reading today include … None of the top five global banks are British China's banks dominate rankings for profits, strength China-led global bank takes shape UK’s slimmer banks slip down global league table Wearables offer customers new ways to pay Banks plan marketing offensive as competition hots up German, Dutch banks 'well-prepared' for…
This week's main stories are … Question: change the bank or launch a new bank? So I was talking about the big challenges of creating a Digital Bank, and am reminded of the approaches that banks take to do this. The first is the hardest, and it’s the one I described last week: transformation. Banks as…
Things we're reading today include: UBS rogue trader Kweku Adoboli released from prison RBS shareholders have expressed fury at bank chief Sir Philip Hampton's 'terrible legacy' U.S. SEC and JPMorgan in talks to settle probe regarding product steering: WSJ Exclusive: JPMorgan executive chosen to rebuild transaction-policing unit leaves Guess what delaying banker bonuses means. Yep,…
Things we're reading today include … RBS pledges return to normality by 2019 – 11 years after its £45bn taxpayer bail-out RBS chief Sir Philip Hampton is leaving 'terrible legacy' after six years at helm U.S. firms fear financing drought as deadline looms for trade bank Australia to join China-led bank 'Business as usual' for…
