This week’s main discussions include … If people do not trust the system, they will not use it I just got the LSEG (London Stock Exchange Group) Risk Intelligence report which makes clear that we have crossed a line. Fraud is no longer something that happens at the edges of the financial system. It has…
Things we’re reading today include … Eric Trump Disappears From Troubled Fintech’s Public Leadership Cryptocurrency Mining: Growing Strain On The U.S. Electricity Sector Ebury to raise £550m in funding as Santander ups stake to 55% Bain & Company: Stablecoin Surge to Reshape Global Finance PayPal Restructures Business to Establish Cryptocurrency Division Russia circumvents foreign trade…
Things we’re reading today include … Europe’s largest cryptocurrency adoption study Fintech M&A rebounds despite drop in public valuations How US and Iran are playing a crypto cat-and-mouse game over sanctions The New Role of the Bank CIO in the AI Era BNP Paribas reports 9% rise in Q1 profit, investment bank stutters Nubank: Defining…
Things we’re reading today include … Texas man who ran cryptocurrency scam supposedly backed by blue-chip art worth $1bn sentenced to 23 years in prison Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS Lloyds Bank confirms another 80,500 customers’ transactions may have been exposed by major IT glitch Why healthcare…
Things we’re reading today include … Bitcoin drives back toward $80K—but one billionaire may be fuelling much of the rally Swiss bank Lombard and daughter of former Uzbek president accused in money laundering trial Fintech Rundown: A Rapid Review of Weekly News Ant International and Citi Reshape SME Payments with PayTo Cryptocurrency: Risks to Democracy Why Businesses…
Things we’re reading today include … Sir David Attenborough preferred over Churchill on new banknotes, Bank of England consultation finds NatWest faces AGM showdown over ‘climate backtracking’ Make Way for the Investment Bank Influencers Global stock markets are too high and set to fall, says Bank of England deputy Deep Dive: The Emergence of the…
This week’s main discussions include … Will global fintech banks destroy traditional banking? I was recently interviewed by the International Finance Magazine about Revolut getting their UK banking licence and what this means to banks in general. Here’s the discussion: With Revolut securing a UK banking licence after years of scrutiny, do you see this as part…
This week’s main discussions include … Did the regulator just admit that banking is a mess? I’ve just read the regulatory roadmap that the UK’s Financial Conduct Authority released this week and realised that it is less a neat plan and more a recognition that the current system is broken and we’ve run out of…
Things we’re reading today include … OpenAI buys personal finance fintech Hiro Bank of England and FCA commit to action on AI following warnings from MPs – Committees – UK Parliament Latest AI models could threaten world banking system, financial officials warn Our latest views on the major central banks | ING Bank robbers hold…
Things we’re reading today include … Industry Tender Explained: The Real Fintech Scandals Crypto Market Update: Goldman Sachs Files for Bitcoin ETF Big energy shock will push up prices, Bank of England boss tells BBC Big US banks rake in near $50bn profit as Iran war shakes markets Largest US banks spend record $33bn on…
