Things we’re reading today include … Tech valuations are down. A16z says fintechs are getting hit hardest. Fintech unicorn Klarna to cut 10% of staff amid global shocks Citigroup Is in Talks to Buy Deutsche Bank Mexico Wall Street Bank Lobby Lines Up Against a US Digital Dollar The European Central Bank — still waiting…
Things we’re reading today include … JPMorgan’s UK consumer bank tops half a million customers JPMorgan estimates overseas digital bank losses could top $1bn in coming years How a French bank set the gold standard for climate action Bank of England not to blame for soaring inflation, says governor Banks turn to blockchain in search…
Things we’re reading today include … Cryptocurrency Is ‘Worthless,’ European Central Bank President Says Capital Group’s €8bn European bank sell-off was driven by single fund manager HSBC suspends banker over ‘nut job’ climate remarks Trump’s commerce secretary Ross plots £700m merger with UK’s Atom Bank Sunak poised to give poorest households £5-7.5bn to deal with…
This week’s main blog discussions include … The rocky road of cryptocurrencies During May, the floor fell out of the cryptocurrency markets with many losing their life savings. You can question why they had their life savings invested in cryptocurrencies in the first place, but what made the price fall so far, so fast? The…
Things we’re reading today include … Relentless branch closures at Lloyds Bank continue as digital banking takes hold Banks ordered to pull staff out of the City in EU power grab SoftBank-Backed Fintech Giant Klarna Looks for New Funds at Lower Valuation Brazilian digital bank Neon triples revenues in 2021 Bank of England is mocked…
Things we’re reading today include … Insulting descriptions city centre bank kept of its customers Former Metro Bank boss Vernon Hill fights ousting at US lender Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil Google says its Russian bank account has been seized City watchdog to ensure banks provide access to cash across UK…
Things we’re reading today include … The history of private bank notes in 1800s may hint at the future for stablecoins: Not a good one, says Goldman Sachs Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank Australian banks enter tech arms race as rising rates squeeze…
Things we’re reading today include … ‘Apocalyptic’ food prices will be disastrous for world’s poor, says Bank governor BoE governor says he is unable to stop inflation hitting 10% Bank of England chief says he’s unhappy about inflation but central bank not to blame Digital banking can be more than glorified self-service Indian Central Bank…
Things we’re reading today include … Deutsche Bank SPAC banker who didn’t attend strip club gets job The Russian bank, the Bruce Willis ad and the $900m sanctions battle NatWest customers urged to check bank statements after huge payments glitch Recession warnings show the Bank of England really has lost the plot Top 10 Fintech…
