Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 31st July 2023

Things we’re reading today include … Ben Bernanke to lead review into forecasting at Bank of England | Bank of England Financial Conduct Authority must be investigated over failure to tackle de-banking, chancellor told (telegraph.co.uk) Where were Nigel Farage and his defenders when Muslim bank accounts were shut down? | Miqdaad Versi | The Guardian…

The Finanser’s Week: 24th July – 30th July 2023

This week’s main blog discussions include … Should a bank close a customer’s account because they disagree with their views? From The Times: ‘Until last summer, Nigel Farage had dealt with the same relationship manager at Coutts for years. Then Mark Pierce left for the rival private bank Arbuthnot Latham, and responsibility for the outspoken…

Things worth reading: 28th July 2023

Things we’re reading today include … UK and Singapore Enhance Cooperation in Sustainable Finance and FinTech – GOV.UK (www.gov.uk) Coutts chief executive resigns after Nigel Farage banking row | Business News | Sky News Why Nigel Farage’s bank account matters so much – podcast | News | The Guardian NatWest Customer ‘Debanked’ for Crypto Trading…

Things worth reading: 27th July 2023

Things we’re reading today include … Forget Nigel Farage and Coutts – banks have been locking ordinary people out of accounts for years | Amy Taylor | The Guardian NatWest, Barclays Get Most Complaints on Bank Account Closures in UK – Bloomberg Coutts has forgotten what the job of a bank is | The Spectator…

Things worth reading: 26th July 2023

Things we’re reading today include: NatWest boss Dame Alison Rose resigns overnight after Nigel Farage banking row – live updates – BBC News Dutch FinTech leader bunq nets additional €44.5m in thriving growth year – FinTech Global Bank of England set to incur £150bn loss from bond sales after interest rate rises | Bank of…

Things worth reading: 25th July 2023

Things we’re reading today include … Bank of England’s project to replace ‘beating heart’ is foundation for continuous development | Computer Weekly FCA to launch permanent Digital Sandbox to UK fintech firm’s delight – FinanceFeeds Explainer: What is the ‘Basel III endgame’ and why are banks worked up about it? | Reuters JPMorgan’s Greek Fintech…

Things worth reading: 24th July 2023

Things we’re reading today include … City minister summons UK bank bosses to discuss Farage account closure | Politics | The Guardian Treasury investigating three more banks over concerns accounts were closed for political reasons (telegraph.co.uk) Paytm Posts Narrower Loss After Fintech Wins More Users – Bloomberg The 10 Biggest Fintech Companies In America 2023…

The Finanser’s Week: 18th July – 23rd July 2023

This week’s main blog discussions include … AI should augment the human and automate the mundane We’ve all seen the massive discussions about artificial intelligence (AI) lately. Can we regulate it? What does it mean? Will we all lose our jobs? How can it be used in way that helps humans and does not destroy…

Things worth reading: 21st July 2023

Things we’re reading today include: Treasury Committee publishes Government’s response to Regulating Crypto report – Committees – UK Parliament Britain rejects call to regulate crypto as gambling | Reuters What’s in store for the fintech industry? | Ctech Women-focused super fintech Verve raises $3 million pre-Series A – Startup Daily Nigel Farage gets apology from…

Things worth reading: 20th July 2023

Things we’re reading today include: Fed Hits Deutsche Bank With $186 Million Fine (wsj.com) Bank’s licence could be ‘revoked’ in UK for banning customers over their political views | The Independent Find out what your bank thinks about you (telegraph.co.uk) Fintech valuations have fallen. Where do they go from here? | TechCrunch Nasdaq pauses plans…