Our main stories this week include … Do you believe in Unicorns? It’s mid-summer and quiet, but there is some interesting stuff still happening, particularly when we talk about Unicorns. Do you believe in Unicorns? Unicorns, in technology terms, are companies with valuations of more than $1 billion that have launched since 2000. There are…
Things we're reading today include … Don't expect new City rules to stop another financial crisis China devalues yuan for the third day running London brokering firms used in newswire cyber hacking case Deutsche Bank shamed again as employees are charged with fraud US banks extend lead over European rivals Life is a carousel of…
Things we're reading today include … French are stingiest tippers in the world (and Brits are not far behind) China lets yuan fall further, fuels fears of 'currency war' China moves to calm fears over global currency war The yuan devaluation's global impact China central bank tries to soothe global markets, says no basis for…
Things we're reading today include … US authorities break up 'insider trading ring' that used Ukrainian hackers South Korea moves towards first online-only bank Commonwealth Bank announces record $9bn profit, seeks to raise $5bn in capital Carney tells Osborne: Bank of England may need more power to go after risk takers Co-op Bank escapes regulatory…
Things we're reading today include … Taiwan bank trials face-recognition ATM Warren Raises Alarm Over Encrypted Bank Messaging System UK’s oldest private bank C. Hoare & Co finally goes digital Japanese bank Nomura just wiped out a load of traders Co-op set to escape misconduct fines from regulators Clydesdale pushes on with float despite more…
Things we're reading today include … Small Talk: Financial technology can rejuvenate Britain – and be a force for good The lessons from Quindell, or how investors can save millions and sleep safely Swiss banks step up battle for Asia's super-rich P2P ‘land grab’ draws more than 100 startups City fraud cases fall as cutbacks hamper…
Our main stories this week include … A new debate: should Germany leave the Eurozone? I haven’t blogged much about Europe or other things other than Fintech lately. I guess because Fintech is taking up so much of my time and discussions, but the Greek crisis has not gone unnoticed in the news headlines or…
Things we're reading today include … Analysis: Bitcoin startups lure quant whizzes from Wall Street RBS builds $3bn safety buffer by issuing 'coco' bonds Barclays chairman John McFarlane bans flip-flops and jeans at head office Bank of England signals no interest rate rise until 2016 Sexism in the City: Why is banking stuck in 1985?…
Things we're reading today include … Standard Charter faces calls to quit 'carbon bomb' mine High street banks 'making millions' by confusing customers out of switching current accounts Lending Club: still growing Are we ready to forgive the bankers? JPMorgan to move 2,150 jobs to New Jersey from New York: WSJ Last Madoff fraud defendant…
Things we're reading today include … HSBC promotes rising star Antonio Simoes to Europe chief Challenger banks raid rival lenders for top staff Cleaning up the financial markets Chancellor sells stake in RBS at a loss of £1.1bn City of London employers are failing disabled workers, says Lord Mayor How will HSBC’s Stuart Gulliver fare…
