Things we’re reading today include: Bank CEO tells employees to prepare for harsh reality. Winter arrives at the “Goldman Sachs of Crypto” Bank of England poised to unveil steepest interest rate rise since Black Wednesday Banks prepare to hold $12.7bn Twitter debt on books until early 2023 Chime Slashes 12% of Staff, Marking Latest Casualty…
Things we’re reading today include … Only three of Europe’s most valuable scaleups are profitable Ripple: SEC Could Face ‘Bruising Defeat’ Against the Fintech Firm, Says Legal Experts Bloomberg Analyst Says Ethereum Revolutionizing Fintech, Predicts Rallies As ETH Supply Gets Squeezed What Saudi Arabia’s Biggest Bank Wants With Credit Suisse Swiss National Bank loses nearly…
Things we’re reading today include … Seven components for building the (digital) bank of the future Difficult decision to come from Sunak and Hunt on bank surcharge The tricky balancing act for central banks Bank CEOs expect returning to the office will become the norm Credit Suisse’s newly created investment bank lays out plans in…
Things we’re reading today include … Lloyds bank predicts 8% fall in house prices as its profits tumble Danske Bank braced for money-laundering fines of $2bn Digital Bank Revolut to Allow Customers to Make Purchases With Crypto Balances ECB hikes rates by 75 basis points and scales back support for European banks Bank of England…
Things we’re reading today include: James Stunt tells court he loved his ex Petra Ecclestone – not her bank account – during money laundering trial Deutsche Bank pours money into bonuses. Barclays, less so Deutsche Bank reports big jump in profit despite slump in dealmaking Credit Suisse posts huge third-quarter loss as it announces major…
Things we’re reading today include … US To Tax All Crypto Transactions, Including NFTs And Stablecoins Fintech valuations to rise 3.5 times by FY26: Bain study 6 notable developments in bank and fintech apps The Fintech Files: Royal Mint NFT still a go, JPMorgan hires from Celsius Ground-breaking SWIFT innovation paves way for global use…
Things we’re reading today include … Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT Swiss bank UBS posts 24% profit slide but beats analyst expectations Bitcoin Eyes Safe-Haven Status as Gold Correlation Returns, Says Bank of America Deutsche Bank’s DWS sued by consumer group over alleged greenwashing French bank…
Things we’re reading today include … Goldman executives clashed over consumer bank before retail retreat Mervyn King said the unsayable about Britain’s economy Banks may see higher tax as a price worth paying for economic stability Deutsche Bank juniors shocked to discover they have no jobs Bitcoin Group Weighs Bid for 268-Year-Old Bank in Germany…
This week’s main blog discussions included … The FinTech Bloodbath Back in January, I called 2022 the Big Regression for FinTech. Ten months later, sure enough, it is. Daily headlines about losses and layoffs are gathering non-stop, and storm clouds are gathering fast to demand market change through consolidation and merger. FinTech London’s double bloodbath…
Things we’re reading today include … Why traditional bankers make terrible fintech CEOs UK is now the largest crypto economy in Europe UK’s Lloyds ditches project finance for new oil and gas fields Russians withdrew $7.5 bln in Sept as they left the country Mobile bank N26 launches cryptocurrency trading with Bitpanda partnership Will Europe…
