Things we’re reading today include … The tricky timing behind Citi’s bet on China (ft.com) Sainsbury’s Bank withdrawing from market – what does it mean for you? – Which? News Lagarde rated ‘poor’ by own staff at European Central Bank (telegraph.co.uk) 11:FS hires Jamie Campbell to run new fintech fund and incubator (finextra.com) Innovating Customer…
Things we’re reading today include … Online pastor charged for ‘worthless’ crypto scam says God made him do it (cointelegraph.com) UK banks prepare for deepfake fraud wave (ft.com) Could Metro Bank be the best value stock to buy right now? | The Motley Fool UK Barclays to shrink investment bank’s share of business, CEO says…
This week’s main blog discussions include: We need banking that is unusual Over the week, I got an update about Revolut and their business model. It was quite interesting although a little bit macro-level. My favourite part is where the Business Model Analyst listed the competitors to Revolut: Monzo: Monzo is a UK-based digital bank that offers features…
Things we’re reading today include … You can apply to be CTO of a $25bn fintech right now (efinancialcareers.com) Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl (cnbc.com) US bank profits shrink on higher deposit costs, one-time charges | Reuters Fraud Reimbursement Costs Are Likely to Rise for UK Banks (fitchratings.com)…
Things we’re reading today include … Bank CEOs, huddled in private in Davos, worry about competition, economy – sources | Reuters UK Banks Brace for New Multibillion-Pound Misselling Saga: Car Loans – Bloomberg Green shoots are back on Wall Street. But banks are being careful about saying it. (yahoo.com) Challenges the fintech industry faces with…
Things we’re reading today include … Fintech isn’t doomed, it just needs more time | TechCrunch ‘We are picky’: Inside Amex’s fintech strategy | American Banker Crypto Money Laundering: Tether Stablecoin Becoming ‘Preferred Choice’ For Scammers And Criminals , UN Warns (forbes.com) Elon Musk’s Grok Names Dogecoin as Best Cryptocurrency for Twitter (thecryptobasic.com) Big US…
Things we’re reading today include … Crypto and fintech groups fined $5.8bn in global crackdown on illicit money (ft.com) Commerzbank and Deutsche Bank Ressurect Merger Talks (pymnts.com) Will BlackRock Surpass MicroStrategy in Bitcoin Holdings? – Coinpedia Fintech News Ex-boss of China’s state-run bank Everbright arrested on corruption charges | Corruption News | Al Jazeera Fintech…
Things we’re reading today include … Bank valuations could rise by $7 trillion in five years, study finds | Reuters JPMorgan’s annual profit surges to record even as quarterly net income dips | Reuters Bank of America still has an issue with people leaving (efinancialcareers.com) Citi to cut 20,000 jobs, posts $1.8 billion loss in…
The main blog discussions this week include … What’s in store for 2024: The Economy Welcome to 2024! For this first week of 2024, I’m going to summarise the stuff I’ve seen around the PEST landscape. PEST? Politically, Economically, Socially and Technologically. What’s in store for 2024: The Technology I was looking for the top…
Things we’re reading today include … Child Abusers Are Getting Better at Using Crypto to Cover Their Tracks | WIRED Global fintech investment plummeted 48% in 2023, according to new data by Innovate Finance – FinTech Futures: Global fintech news & intelligence Backbase Enters Into an Agreement With Danske Bank to Enhance Its Digital Customer…
