Things we’re reading today include … Bank of England plans to reject Revolut’s banking licence application Revolut offered to withdraw UK application amid fears it will be rejected Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O. How Deutsche Bank Was Connected To Jeffrey Epstein—And What Its $75 Million Payout To Survivors Could Mean For Other…
Things we’re reading today include … Crypto trading should be ‘regulated as gambling’, say MPs Deutsche Bank to pay $75m over sex-trafficking lawsuit Bosses of failed US banks say it was nothing to do with them UK’s biggest banks first quarter results roundup – what investors need to know There’s a growing case for allowing…
Things we’re reading today include: Failed bank execs see blame everywhere, except in the mirror Ex-First Republic CEO blames contagion for bank’s collapse Jamie Dimon says it’s ‘unlikely’ that JPMorgan Chase will acquire another struggling bank HSBC to unveil shake-up of Silicon Valley Bank UK board Western Union rival Zepz lays off 26% of employees…
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…
