Our biggest stories of the past week are … What are the biggest challenges in banking today? Sometimes social media kicks off great discussions about banking. For example, a discussion began with a simple question asked by Next Bank orchestrator Rob Findlay: Guys help me out. Give me the top 3-5 BIG challenges in banking right now…
Things we're reading today include … The new banks you cannot speak to You can be identified from just four purchases on your credit card bill, study finds Does it matter that an entire generation of bankers has disappeared? Banks rigging markets are 'like careless fighter pilots' Building societies demand greater freedom for investors EU…
Things we're reading today include … Greek banks lose €8bn in three days since Syriza victory as liquidity crisis feared Huffington joins peer-to-peer company Big banks fail to dismiss U.S. currency rigging lawsuit Alibaba launches credit rating service US Federal Reserve 'patient' as it keeps rates on hold till the summer at least Bank of…
Things we're reading today include … 'Bank mistook my sex change for fraud' – when poor service counts as discrimination American Express plans to start operations in Cuba FCA admits it 'screwed up' over life insurance probe but defends its tough stance Borrowing and saving 'picking up' JPMorgan profited from soaring Swiss franc: Bloomberg How…
Things we're reading today include … Time is ripe for radical action by banks Where did it go wrong for Standard Chartered? Standard Chartered's problem is that Peter Sands' deputy is just as deluded as he is FCA to target peer-to-peer marketing Post Office launches offensive on banking industry S&P downgrades Russia's sovereign credit rating…
Things we're reading today include … Santander Sounds Alarm Over Bank Ring-Fencing Fake bank scams Chinese customers out of £20 million Fines, reforms force Deutsche Bank to face tough strategy choices Saxo Bank says could lose up to $107m on Swiss Bank shock Oil collapse could trigger billions in bank losses European Central Bank’s QE…
Our biggest stories of the past week are … Convincing management to renew core systems I’m often asked what I mean by a digital core and how to convince management to buy into it. What I mean by a digital core is that the bank has made itself cleansed and ready to join the new generation of fintech. It…
Things we're reading today include … RBS says it will send small firms to peer-to-peer lenders Barclays banking services interrupted Monitise shares crumble as it reviews options UBS defeats lawsuit over late Indonesian statesman's accounts ECB launches 1 trillion euro rescue plan to revive euro economy European Bank to buy $1.1 trillion in bonds to…
Things we're reading today include … PayPal Grows TPV by 24% in Q4 2014 EBay's breakup plans may open door for e-commerce M&A Barclays facing new dark pool fraud allegations ECB set to announce QE programme Obama: 'Shadow of crisis has passed' JPMorgan CEO Dimon's pay package rose above $20 million in 2014: WSJ American…
Things we're reading today include … The high street bank rip off continues Fifth of all cash savings are in rock-bottom interest rate accounts Currency cap: Brokers reveal details of damage from Swiss chaos Denmark acts over currency fallout IMF delivers warning on health of global economy as China sees growth slowdown Goldman Sachs rejects…
