Things we’re reading today include … After Goldman, a murky future for the Apple card – Fintech News A fintech might replace Goldman Sachs as Apple Card issuer (9to5mac.com) Zepz, a $5 billion fintech unicorn, is laying off more staff (cnbc.com) Debanking saga spills into US as customers fume over closure of bank accounts (gbnews.com)…
Things we’re reading today include … Fintech firm SoFi set to exit cryptocurrency business | Reuters Crypto finally feels the full force of the law (msn.com) EY’s annual fintech census finds the number of new startups emerging has dropped dramatically – Startup Daily How Deutsche Bank Is Helping Companies Finance Their Path To Net Zero…
Things we’re reading today include … Deutsche Bank Executive Testifies Loan to Trump Wasn’t Unusual – Bloomberg Powerful Lords committee damns Bank of England over inflation forecasts | The Guardian Inflation falls mask bumps on the ‘last mile’ for central banks (ft.com) Monzo chief says bank has earned ‘the right to dream bigger’ (cityam.com) JPMorgan…
Things we’re reading today include: HSBC online and mobile banking services return after Black Friday outage | Sky News Why it’s time to ditch your bank – and switch to Monzo, Revolut or Starling (telegraph.co.uk) Metro Bank shareholders to vote on rescue deal – BBC News Short-sellers ramp up bets ahead of crunch Metro Bank…
Things we’re reading today include: HSBC mobile banking down for thousands across UK – BBC News Chinese shadow bank admits £30bn shortfall after ‘management ran wild’ | Chinese economy | The Guardian Exclusive: Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs -source | Reuters The intersection of finance and sustainability…
Things we’re reading today include: The end of Binance could be the end of crypto – The Post (unherd.com) Eurozone banks starting to show ‘stress’ as loan defaults rise, ECB warns | European banks | The Guardian Troubled China Shadow Bank Warns of $36 Billion Shortfall (yahoo.com) Financial Stability Review, November 2023 (europa.eu) Australian bank…
Things we’re reading today include: Binance’s Changpeng Zhao to step down as part of $4.3 billion DOJ settlement: CNBC Crypto World What To Expect From Crypto in 2024 – Forbes Advisor UK The Big Bank With a $15 Billion Conundrum in China | Mint (livemint.com) Deutsche Bank’s €12-an-hour workers gear up for a fight (ft.com)…
Things we’re reading today include … Crypto trading volumes soar, BlackRock files to launch spot Ethereum ETF, while Tether goes Bitcoin mining – CityAM Crypto firm Tether says it has frozen $225 mln linked to human trafficking | Reuters US SEC sues Kraken crypto exchange over failure to register | Reuters Strategizing your fintech exit…
Things we’re reading today include … Half of European fintech lenders unlikely to ever hit profitability – WinYield (finextra.com) GP Bullhound report reveals European tech unicorns surpass $1 trillion mark amidst challenging times – Tech.eu Klarna has the potential to be a trillion-dollar company: CEO (yahoo.com) Alphabet fund spells bumper valuation for UK digital bank…
