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Things worth reading: 11th December 2019

Things we’re reading today include … Deutsche Bank says crypto could replace cash by 2030 Would ‘getting Brexit done’ bring lots of new investment? Lloyds to reopen compensation claims for Reading fraud Victims of HBOS fraud in line for bigger payout Santander UK chief’s pension slashed by £436,000 over two years ‘I won’t sleep for…

Things worth reading: 10th December 2019

Things we’re reading today include … Subprime lender Amigo faces fresh turmoil as bosses quit Deutsche to cut €100m from German retail banking unit PiggyBank owner collapses into administration Goldman Sachs: less is core Paul Volcker: Former US Federal Reserve chief dies aged 92 Amazon says Trump’s ‘vendetta’ lost it $10bn Pentagon contract

Things worth reading: 9th December 2019

Things we’re reading today include … Global financial watchdogs take aim at Big Tech’s data dominance U.S. banks’ reluctance to lend cash may have caused repo shock: BIS Worrying signs that a great global deregulation has begun Capital One is a banking-peer bargain, even with recent gains: Barron’s Market debut for world’s biggest polluter must…

The Finanser’s Week: 2nd December – 8th December 2019

The main blog headlines are … Treating Customers Unfairly (#HSBC) I’ve blogged many times that so called free banking is a fallacy.  It’s something I have blogged about for a decade, and the recurring theme is free banking should be banned by the regulator as it’s only free as long as you don’t go overdrawn….

Things worth reading: 6th December 2019

Things we’re reading today include … HSBC to bring in single overdraft rate of 40% Created to democratise credit, P2P lenders are going after big money Peer-to-peer platform Landbay shuts doors to retail investors US and UK bust one of the worst cyber banking hacks in a decade, charging Russians in multi-million dollar scheme For…

Things worth reading: 5th December 2019

Things we’re reading today include … One in five consumer credit reports contains an error HSBC customers could see overdraft fees quadruple under new regime Winklevoss crypto-exchange hires Starling co-founder Metro Bank chief to step down two months after chairman Zopa backer cuts valuation almost in half Wall Street power player makes her political debut

Things worth reading: 4th December 2019

Things we’re reading today include … How robust is the world’s financial plumbing? Bank gives thumbs up to innovative payment method Trump Loses Appeal on Deutsche Bank Subpoenas ING Bank spell out use cases for digital currencies Zopa gets £140m investment amid pursuit of bank licence TSB fails to meet gender balance target

Things worth reading: 3rd December 2019

Things we’re reading today include … Britain’s Best Bank Accounts TSB bonuses to be docked for failure to meet gender balance targets UK’s six richest people control as much wealth as poorest 13m – study Lagarde: ECB should do more to tackle climate emergency How big tech is dragging us towards the next financial crash…

The Finanser’s Week: 25th November – 1st December 2019

The main blog headlines are … Are banks adapting in the right way? I picked up a few innovative changes taking place this week within banks. In fact, I should point out that banks are not static beasts, as many claim. They are changing all the time, doing things all the time, adapting all the…

Things worth reading: 29th November 2019

Things we’re reading today include … RBS takes on Monzo with standalone digital bank Bó It’s the end of the World Trade Organisation as we know it Barclays chief Jes Staley could have pension payment cut in half Loan sharks cash in on Black Friday spending spree Antony Jenkins and his visible values Virgin Money…

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