Things we're reading today include … Moynihan reshapes Bank of America for an era without big legal costs PayPal spinoff seen critical for eBay amid e-commerce weakness Goldman Sachs profits soar on bond market resurgence Exclusive: Goldman Sachs in talks to acquire ETF provider IndexIQ – sources Wonga picks Paul Miles as its new finance boss…
Things we're reading today include … Four things we've learned from the results posted by Wall Street giants so far Goldman Sachs profits leap 50% JPMorgan's profit misses; posts unexpected $1 billion legal expense Citi pullback highlights Asia importance The emergence of the counter-free bank branch Bank account switches hit 1.2 million The great British…
Things we're reading today include … Four things we've learned from the results posted by Wall Street giants so far Goldman Sachs profits leap 50% JPMorgan's profit misses; posts unexpected $1 billion legal expense Citi pullback highlights Asia importance The emergence of the counter-free bank branch Bank account switches hit 1.2 million The great British…
Things we're reading today include … Government sells £2.7bn of 'bad bank' mortgages to JP Morgan JP Morgan posts profit of $5.6bn JPMorgan expects another $1bn hit from scandals 'I lost £28,000 mortgage deposit': How to get back money sent to the wrong bank account JPMorgan's profit misses; posts unexpected $1 billion legal expense What…
Things we're reading today include … Government sells £2.7bn of 'bad bank' mortgages to JP Morgan JP Morgan posts profit of $5.6bn JPMorgan expects another $1bn hit from scandals 'I lost £28,000 mortgage deposit': How to get back money sent to the wrong bank account JPMorgan's profit misses; posts unexpected $1 billion legal expense What…
Things we're reading today include … G20 watchdog toughens up new rule for securities financing Bank of England's Mark Carney tells bankers to 'take responsibility or get out' Former UBS banker fined in Switzerland for handing data to U.S. Mark Carney in warning for bankers Online wealth managers threaten banks Millions 'vulnerable' to bank fraud…
Things we're reading today include … G20 watchdog toughens up new rule for securities financing Bank of England's Mark Carney tells bankers to 'take responsibility or get out' Former UBS banker fined in Switzerland for handing data to U.S. Mark Carney in warning for bankers Online wealth managers threaten banks Millions 'vulnerable' to bank fraud…
Things we're reading today include … French bank, Twitter team up for money transfers via tweets Deutsche clampdown on bad behavior prompts exodus of traders: FT Colin Fan: Deutsche’s viral banker European banks raise more capital before ECB stress test: report Britain's ring-fence a new hurdle for bank directors Carney tells bankers to embrace new…
Our biggest stories of the past week are … The importance of cryptocurrencies and the blockchain to banks (and everyone) We had a revival of the Innotribe from SIBOS on Monday, by gathering the great and the good to discuss cryptocurrencies at the Escalator, an incubator for new fintech start-ups in East London run by…
Things we're reading today include … JPMorgan hackers said to probe 13 other financial firms Payday lenders face clamp-down by competition watchdog Bill Gross: 'No reasonable way I could have stayed at Pimco' Payday loan rules still too weak, say charities Former Fed Chairman Bernanke takes stand in AIG bailout trial Bernanke – aka Edward…
