Reading

Jan 26, 2014

The Finanser’s Week: 20th January – 26th January 2014

Our biggest stories of the past week are … KYC, Laundering and Regulators: a Lose-Lose Situation I chaired a meeting today about KYC: Know Your Customer. KYC is a wonderful thing that is debated in many financial circles and is an area that I could blog about for two minutes, but I think I need…

Jan 24, 2014

Things worth reading: 24th January 2014

Things we're reading today include … Jamie Dimon not a Bitcoin fan despite JPMorgan filing patent for online payment system How do businesses cope with Bitcoin? Exclusive: FBI warns retailers to expect more credit card breaches Neiman Marcus Reports 1.1 MM Payment Cards Potentially Compromised Peter Sands brushes off 'speculative rubbish' over takeover talks IMF…

Jan 23, 2014

Things worth reading: 23rd January 2014

Things we're reading today include … Davos 2014: UBS chief fears Europe's banks are still in danger Davos 2014: global economy not safe until 2020, says Barclays chief Antony Jenkins British expat banker Anton Casey causes uproar in Singapore after mocking "poor people" calling a taxi driver a "retard" PayPal Grows Revenues 19% in Q4,…

Jan 22, 2014

Things worth reading: 22nd January 2014

Things we're reading today include … Lord Levene slams Lloyds for 'bad faith' over Project Verde Lord Levene's conspiracy theories hold intrigue but little weight FRC to investigate ex-Bradford & Bingley finance chief Chris Willford Vatican cleric 'laundered millions' Biggest fall in business lending in six months SMEs still rely on credit cards and overdrafts…

Jan 21, 2014

Things worth reading: 21st January 2014

Things we're reading today include … RBS bonuses and rhetoric’s failure New credit raters struggle to break stranglehold of 'big three' City leads way in economic growth race StanChart back atop takeover target list KPMG faces probe into Co-op Bank accounts Face it City boys, here's why women make better hedge fund managers than men…

Jan 20, 2014

Things worth reading: 20th January 2014

Things we're reading today include … Ex-Barclays Executive Plots New Business Bank Taxpayer could lose £10bn on RBS sale Metro Bank gets £387.5m expansion boost Metro Bank raises £387.5m as it postpones IPO plans Nationwide in battle over alleged swaps mis-selling Hedge fund pair bet on British bank Aldermore Deutsche Bank posts surprise Q4 loss…

Jan 19, 2014

The Finanser’s Week: 13th January – 19th January 2014

Our biggest stories of the past week are … European Union means Banking Union, but what does it mean for the City of London? We had our usual first footing for the Financial Services Club this week, with an illuminating update from David Doyle, Policy Adviser on all things related to EU Financial Legislation. The…

Jan 17, 2014

Things worth reading: 17th January 2014

Things we're reading today include … What can a brothel owner teach a banker? Ask ABN Amro chairman Gerrit Zalm's 'sister' UK politics: Banks must sell 'significant' number of branches, says Ed Miliband Miliband urges bank branch sell-off Ed Miliband's bank plan has fundamental flaws Whipping the bankers – as proposed by Ed Miliband –…

Jan 16, 2014

Things worth reading: 16th January 2014

Things we're reading today include … Is competition in retail banking a problem? Senior bankers hit back at Miliband's bank shake-up plans Labour promise to limit high street banks is flawed, says Bank of England governor Mark Carney Mark Carney does not back EU bonus cap Global economy 'bouncing back' as rich nations emerge from…

Jan 15, 2014

Things worth reading: 15th January 2014

Things we're reading today include … JPMorgan bonus pot hit by flat profits and massive fines Madoff costs hurt JP Morgan profits Smartphone wallet backed by banks Currency exchange goes social with WeSwap's person-to-person service Smartphone payments app gets banks’ backing Credit Suisse eases staff workload Dispute over foreign bank assets sent to New York's…