This week's main stories are … Banks question Fintech disruption … and ask the wrong question I recently attended a conference in America, where the audience of mainly bankers could post questions to the speaker. During the digital bank discussion, here are the questions that came in and, purely because they are fairly common in…
Things we're reading today include … Five reasons George Osborne is desperate to sell off RBS From bailout to sale: RBS’s traumatic seven years RBS shares jump after Chancellor George Osborne signals sell-off Banker in ABN deal returns for RBS sale Flint sparks up HSBC’s defence HSBC could be downgraded, Fitch warns If HSBC is…
Things we're reading today include … 'I want Britain to be the best place for global bank HQs' – George Osborne's Mansion House speech in full The Bank of England hopes these rules will stop another Libor scandal Has HSBC already decided to leave the UK? Punishing banks will not make bankers behave better New…
Things we're reading today include … HSBC to cut up to 25,000 jobs worldwide, including 8,000 in the UK Renault Group launches new bank in the UK Investors say new boss brings fresh eye to Deutsche Bank's challenges Deutsche Bank Q&A: who is John Cryan, the new British chief exec? Barclays banker who wrote punishing…
Things we're reading today include … ECB plans more health checks for banks in 2016: Nouy in paper HSBC takes new step towards UK exit decision Britain to unveil plans to clean up markets hit by rigging scandals City must be given key role in reforms, Lord Mayor insists Payday lenders aim for low-end consumers…
Things we're reading today include … Hats off to Swiss regulators for putting HSBC in its place HSBC to pay £28m after money laundering investigation Swiss drop HSBC money laundering inquiry Costly bank transfer fees cost businesses £2bn Greece delays IMF payment, PM to brief angry parliament Lloyds to be hit with record fine for…
Things we're reading today include … Libor trial: UBS bosses told staff to rig rates, Tom Hayes claimed City of London's growth to outstrip the rest of the UK Contactless drives 10% rise in cards Women run just 2% of US fund assets Lloyds loses bid to force investors to sell back high-interest bonds Hedge…
Things we're reading today include … Tom Hayes Libor trial: Sacked trader was 'poised to join rival,' court hears At JPMorgan, voicemail deemed obsolescent Goldman executives take victory lap in debate over business model Ten question Bill Winters must answer about Standard Chartered (and one he can put off) Too big to succeed? Investors want…
