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…
Things we’re reading today include … Bank shares slide amid speculation of ‘ludicrous’ windfall taxes Bank of England and City square off over new government powers Here’s what the Wells Fargo cross-selling scandal means for the bank’s growth Crypto has ‘serious deficiencies in governance’, warns Bank of England official JPMorgan-backed digital bank C6 to open…
Things we’re reading today include … Rarely-humbled Goldman Sachs concedes missteps in plan to take on megabanks in retail finance Jeremy Hunt lines up raid on bank profits to help fill £40bn UK fiscal hole Bank on it: how financial digital ID can boost security and inclusion Brazil’s Surprising Fintech Tailwind Watchdog bans HSBC ads…
Things we’re reading today include … If you think Bitcoin Spews Carbon, Wait Till You Hear About…Banking Coinbase Hires Former Solarisbank Chief Operating Officer Daniel Seifert to Lead EMEA Region Credit Suisse Woes Show Europe’s Banking Dilemma, BlackRock Says China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes…
Things we’re reading today include … Knocked down during lockdown: the return of cash Revolut blames Brexit as it shifts one million trading customers from London to Lithuania Goldman Plans Sweeping Reorganization, Combining Investment Banking and Trading Processing hold-ups at US custody bank exacerbated UK pension sell-off The Bank of England is selling off its…
