Things we’re reading today include: Chase customers left unable to access accounts as app goes down The Bank of England just admitted the UK will ‘default’, says Carmignac’s Adjriou Kwarteng to meet high street bank chiefs amid mortgage market freeze Central banks face recessionary dangers World Bank ‘has given nearly $15bn to fossil fuel projects…
Things we’re reading today include: You Can Now Buy Your Big Mac With Crypto in Lugano, Switzerland Mastercard makes it easier, safer to buy crypto Crypto losses total $428M in Q3, down 36% from previous quarter Credit Suisse to remain ‘under pressure’ but analysts wary of Lehman comparison Barclays reshuffles leadership to boost investment bank…
Things we’re reading today include … Cost of insuring against Credit Suisse defaulting reaches record high Banks ‘to face Lehman moment’ over stranded fossil fuel assets, report warns Don’t raise interest rates, UN warns the Federal Reserve and other central banks UK challenger Bank North collapses DeSo Is Elon Musk and Jack Dorsey’s Answer for…
Things we’re reading today include … Cracks start to appear in the financial system: Bank of England, Credit Suisse and Deutsche Bank Credit Suisse reassures investors over bank’s financial strength Polish bank forced into reconstruction and owner fined 20 million zloty ($4 million) U.S. Bank Regulators Should Require Robust Climate Change Risk Measurements And Disclosures…
Things we’re reading today include … Barclays to pay $360mn after SEC charges bank over $18bn sale error Why build a fintech any more when you can just raise €20M and white-label it to banks? Cost-of-living crisis could spur fintech adoption The Crypto Report: Bitcoin and Ethereum continue to fluctuate as the crypto markets post…
Things we’re reading today include … JPMorgan’s digital bank Chase UK hits 1mn customers Bank of England goes into full crisis management mode Humiliation for UK’s ‘Kami-Kwasi’ chancellor as central bank steps in to halt market rout Someone in The Market Has Got UK Banks Totally Wrong Investment banks are sharpening the axe Bankers’ bonuses?…
Things we’re reading today include … JPMorgan doubles down on UK retail bank Chase Banks Stumble To Their Cloud-Based Future Wall Street banks to pay $1.8bn over messaging violations IMF criticises UK policy, Bank of England to make big response Speed and scale of events may force Bank to expedite next rate decision Fintech fight:…
Things we’re reading today include … Three Ways Banks Can Engage Younger Consumers in the Metaverse IMF: Regulating the Crypto Ecosystem: The Case of Unbacked Crypto Assets ECB: Demystifying wholesale central bank digital currency Australia Pushes Ahead With Central Bank Digital Currency, Announces Pilot Timeline Fidelity Will Merge Its Robo-Advisor Offerings Goldman Sachs guys decide…
Things we’re reading today include … Liz Truss’ economic plan from the 1970s sends the pound back to the 1980s—and piles pressure on the Bank of England Singapore and India to work together on fintech regulation Reserve Bank of Australia reports $37 billion loss The best banks to work for in Hong Kong this year?…
