Things we’re reading today include: ‘Big Short’ Michael Burry bought shares in a slew of regional banks last quarter amid banking crisis Warren Buffett’s company recommits to Bank of America stock while dumping other banks Bridgewater dumps bank stocks amid turmoil in first quarter Australian banks announce new anti-fraud platform to help quickly freeze scam…
Things we’re reading today include … Revolut’s former UK CEO accidentally messaged a customer saying he would be waiting for him ‘in the garden with my shotgun’ Six nuggets from Berkshire Hathaway’s annual meeting How American and European banks are dealing with the fallout from the US banking turmoil Fintech startup Brex was among the…
Things we’re reading today include … Binance looks to the UK for regulation amid US crypto crackdown US banks generated record $80bn first-quarter profits despite turmoil Revolut hit by departures of CFO and UK banking chief Higher interest rates are fostering a fintech comeback story London can’t continue to measure its success by fintech unicorns…
Things we’re reading today include … First Citizens makes huge gain on Silicon Valley Bank deal Have The ‘Floodgates’ Opened?—‘Excitement’ Building As $10 Trillion Crypto Price Earthquake Looms For Bitcoin And Ethereum Biden’s crypto crackdown makes it ‘very difficult’ to do business in US, says Binance Binance seeks green light from UK as City minister…
Things we’re reading today include: We’re close to peak pessimism around fintech BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’ Bank of England may have to raise rates to 5% this summer, says Goldman Sachs Banks turn bullish on sterling as it trades close to one-year high against dollar Unlicensed…
Things we’re reading today include: Revolut set for banking licence verdict within weeks Banks Struggle with ESG Pressures and Lack Clarity on Climate Risk Management Singapore Wealth Fund Sees More Growth in Fintech After Downturn Federal Reserve warns of credit crunch risk after US bank turmoil Regulators’ concern over TD anti-money-laundering practices The Future of…
Things we’re reading today include … Fears over finances of almost 200 US banks: Leading think-tank warns of risk of further failures after a week of turmoil grips American lenders US banking crisis: Warren Buffett says bosses should face ‘punishment’ HSBC foils plan by major investor to break up bank Fed up with shrinking savings,…
This week’s main blog discussions include … The issue with DeFi I’ve had this thing about decentralised finance for some time. The reason? Libertarians say that we can now have money without government. From my side, I argue that’s wrong. You can’t have money without government. The question is: who is the government? You cannot…
Things we’re reading today include … Shares in US banks drop amid crisis in confidence US banks are failing, and the authorities seem unlikely to intervene HSBC faces shareholder vote on splitting bank Crypto Exchange Coinbase Posts Loss, but Beats Expectations It’s a challenging time for challenger bank Virgin Money UK Currencycloud’s Richard Arundel talks…
