Things we’re reading today include … HSBC: Bank’s pre-tax profits soar fuelled by high interest rates – BBC News HSBC’s Profit Sinks on $3 Billion Impairment on Chinese Bank – Bloomberg Barclays chief CS Venkat: ‘We are creating a simpler, better bank’ (cityam.com) Barclays’ £2bn cost-cutting program will hit people in the investment bank hardest…
Things we’re reading today include … Capital One Is Buying Discover Financial – WSJ Rothschild Family: Two Banks Fighting Over Clients, Power And Family Name (bloomberg.com) Bank of England is crushing economy, says former chief economist Andy Haldane | This is Money Brazilian FinTech Stark Bank Tripled Payments Processed in 2023 (pymnts.com) China, Crypto and…
Things we’re reading today include … PayPal Ventures’ first AI investment, a credit-based dating app and Robinhood’s good week | TechCrunch ‘I’m still proud of what we created’: Metro Bank’s 14-year rollercoaster ride | Metro Bank | The Guardian The Man Who Tamed the World’s Most Troubled Bank – WSJ Meet the Aussie bank boss…
This week’s main blog discussions include … How old banks are responding to challenger banks (research report) I got an interesting research report from Economist Impact the other day, commissioned by Temenos. Usually I ignore such emails and updates, but this one was interesting as it’s focused upon how traditional financial providers are competing with…
Things we’re reading today include … JPMorgan sued by chief executive of fintech it co-owns (ft.com) At least six Australian banks hit by network outages including Ubank and Bank Australia | Banking | The Guardian European banks are challenging the challengers (finextra.com) Stolen Face ID scans used to break into bank accounts • The Register…
Things we’re reading today include … Monzo reaches nine million customer milestone (finextra.com) Commonwealth Bank chief executive Matt Comyn makes shock cash confession | Daily Mail Standard Chartered needs drastic action, not diplomatic polish (ft.com) How investors can hold greenwashing banks to account — The Bureau of Investigative Journalism Zain Launches Innovative Fintech App Offering…
Things we’re reading today include … Kanye West says he was two months away from bankruptcy after losing ‘$2billion in one day’ over anti-Semitic outbursts| Daily Mail Belgium central bank chief: Going green won’t make you richer – POLITICO The Bank of England gambled with your money — and lost – UnHerd How the Bank…
Things we’re reading today include … Speech: the state of banking today – by Andrew Bailey | Bank of England Paytm: Rockstar Indian fintech start-up faces serious crisis – BBC News Maybe we’ll finally see a fintech IPO in 2024 | TechCrunch Revolut launches eSIM, a seamless way to avoid unexpected roaming charges (ffnews.com) More…
The main blog discussions this week included … Do you need to be a bank in real life to be a bank in virtual life? Vitalik Buterin, the guy who created Ethereum cryptocurrency and smart contracts, blogged the other day about what happens when AI and blockchain collide. Funnily enough, that’s the theme of my…
Things we’re reading today include: Santander goes to war over Nationwide attack on high street banks ‘Trendy’ Monzo now feels like a children’s bank – I’m leaving for Barclays (telegraph.co.uk) JPMorgan Survey Shows Over Half of Institutional Traders Don’t Want Crypto Exposure (coindesk.com) Fintech engineer grounded by crypto fraud caper • The Register Group pretends…
