Things we're reading today include … Portugal banking crisis sends tremors through Europe Markets hit by Portuguese bank fears Bank of England could step in if banks underestimate risky loans China looking into Bank of China money laundering allegations: Xinhua Insider trading has plummeted since the financial crisis. Here's why Bitcoin investment fund approved FCA…
Things we're reading today include … Brazil vs Germany World Cup 2014: How top economists got their predictions completely wrong Peer-to-peer lender wins landmark rating FCA sets sights on high-frequency traders Watchdog investigates ‘Flash Boy’ traders over rip-off concerns Vatican restructures scandal-hit bank, vows transparency Scandal-hit Vatican bank turns to French financier for redemption Experts…
Things we're reading today inlcude … Short sellers circle Monitise amid profit warning Monitise downgrades forecasts for second time this year Vatican Bank profits tumble after accounts clean-up Vatican bank chief to step down Citigroup may pay $7 billion to resolve U.S. mortgage probes: source Temasek hurt by China shadow banking woes Commerzbank and Deutsche…
Things we're reading today include … Brits embrace digital banking Banks could lose monopoly on gold fix Thorough reform of gold fix needed, says World Gold Council Don't waste time fixing gold fix, it's obsolete Pope cuts Vatican bank down to size Vatican Bank faces dramatic downsizing Vatican bank to be scaled back, restructured: sources…
Things we're reading today include … RBS to challenge payday lenders HSBC pulls out of Libya with office closure Rake turns down top job at Barclays Goldman hones focus on Europe’s rich Banks under the thumb of America, the global cop Italian minister delays goal of repaying commercial debts Central banks ending era of clear…
Our biggest stories of the past week are … The time is ripe to change the banking system I was surprised the other day when Financial News named me as one of the top 40 most influential innovators in financial technology, alongside friends including Sean Park, Matteo Rizzi and Nektarios Liolios. It is gratifying to get recognition,…
Things we're reading today include … Goldman Sachs lawsuit: Wall Street giant is a 'boys club where drinking, strip clubs and sexism tolerated' Goldman Sachs wins court order to make Google delete 'confidential' email sent in error Obama: more reforms needed to wring risk from banks – report President Obama: We have 'unfinished business' curbing…
Things worth reading today include … Goldman says Google has blocked email with leaked client data JPMorgan's Dimon plans to use vacation for cancer treatment FCA: 'No evidence' of gold price rigging California appeals court backs brokers in $5 million Morgan Stanley ruling Exclusive: SEC official dissented on BNP Paribas waiver UBS chief currency strategist…
Things we're reading today include … JPMorgan Chase chief executive Jamie Dimon tells colleagues he has throat cancer BNP to pay $9 billion fine, faces dollar-clearing ban BNP Paribas investors miss out on dividend after fine but bonuses will be paid BNP Paribas ignored red flags and has paid the price BNP Paribas fine could…
Things we're reading today include …. UK banks generate less profit than Brazil BNP Paribas pleads guilty to violating US sanctions BNP fine cheers human rights campaigners After BNP, U.S. targets range of firms in crackdown on illicit money flows EU bank chief: more fines will follow BNP EU steps in to help Bulgarian banks…
