Things we're reading today include … Wilbur Ross sells down Virgin Money stake Clydesdale Bank fined £21m after doctoring PPI evidence Stop bashing bankers? Not just yet, thanks to Clydesdale JP Morgan's profits boosted by market volatility JPMorgan hits record as outlook brightens Target nears $20 million MasterCard data breach settlement: WSJ Lending Club strikes…
Things we're reading today include … In Odd European Twist, Banks Owe Borrowers Ricci perfumes heiress found guilty in HSBC tax fraud case Analysts rap Labour's contradictory banking policies Taiwan rejected from Asia bank Greece casts shadow as ECB money printing buoys euro zone Meet the City workers who moonlight as rock stars Deutsche Bank…
Things we're reading today include … Junior trader made to eat 8 burgers in humiliating City initiation ceremony Scrapping non-dom tax status would hit bank chiefs A new catalyst for positive change across the banking industry Julius Baer CEO says has not held deal talks with Credit Suisse: paper Which country has the least sexist…
Our biggest stories of the past week are … The reports of my bank's death are greatly exaggerated There are a number of debates that pop-up regularly including the war on cash, the end of the branch and the death of banking. The last one I haven’t blogged about much because it’s irrelevant, but I’ll…
Things we're reading today include … Deutsche Bank Said Near $1.5 Billion Settlement on Libor Atom Bank raising £75m before launch Fraudsters hide behind fake invoices Prosper’s valuation boosted to $1.9bn Diminished hopes How secure are new payment technologies? HSBC under French criminal investigation over Swiss tax evasion French give us a lesson in getting…
Things we're reading today include … Gangsters flood Italian banks with €500 notes known as 'Bin Ladens' because they are notorious, but rarely sighted Pawn to cushion payday lenders from regulatory blow New City Index boss attacks lax checks on 'Kermit' customers Argentina sues Citibank over deal with holdout creditors Co-operative Group returns to profit…
Things we're reading today include … Bank systems creak under weight of digital transactions UK launch of digital bank Fidor hamstrung by payments providers UK Bank Scandal Costs Hit £39bn – Report Will China's infrastructure bank work? Bubble could burst on boom in bank compliance units 'It's only a bit of fraud, I'm not a…
Things we're reading today include … IdeaBank offers in-car deposit box Cyber risk the most serious threat to business, says Lloyd's chief Greece moves to quell default fears, pledges to meet 'all obligations' Flash trading firm in stock sale Labour is being far too reticent: it didn’t cause the global financial crisis and Coalition austerity…
Our biggest stories of the past week are … Why bitcoin will be bigger than the internet "In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin." —Wences Casares The Finanser Interviews: Roberto Ferrari, General Manager of…
Things we're reading today include … New York regulator Lawsky aims at Deutsche Bank over Libor – FT Sell Commonwealth Bank and buy this stock instead Eurozone lending reaches 'turning point', says EY Government's bad bank could lose a third of its staff after Osborne's asset sale Easy money thrills the financial markets – but…
