Reading

Things we’re reading today include … Could Metro Bank go bust? Terabytes of data leaked from an oligarch-friendly offshore bank PayPal’s former finance chief says Bank of America closed his account with ‘absolutely no explanation’ Australia’s Westpac accused of 23 million money laundering breaches Lloyd’s of London takes to City …

Things we’re reading today include … How To Succeed As A Challenger Bank Ant Financial May Join Race for Singapore Virtual Bank Licenses ‘Why economists get things wrong’ Sexist and biased? How credit firms make decisions Jayne-Anne Gadhia: ‘People joke I have a way with bearded billionaires’ The Indian payments …

Things we’re reading today include … Google wants to launch bank accounts. Here’s why you don’t want to be a customer Lloyds bank shareholders lose legal battle over ‘disastrous’ HBOS takeover Britain’s last local bank branch will close its doors in 10 years’ time The best and worst banks for …

The main blog headlines are … Can you recognise a fraudster when you meet one? I’ve pointed out many times that it’s easy to scam people online and defraud them. I even once got a phone call from an elderly gentleman asking me if he had really won £1 million …

Things we’re reading today include … Google set to offer banking current accounts HSBC and RBS set to launch new digital banking platforms How Jim Simons became the most successful investor of all time Stiff sentences for bank fraud capture Italy’s sour public mood PayPal halts payment support to PornHub …

Things we’re reading today include … Warren lashes out at Goldman over Apple Card bias claims: Bloomberg HSBC to let customers block spending on gambling websites EU prepares tweak to Mifid rules after backlash City watchdog slams own staff’s ‘shameful’ toilet habits Apple’s ‘sexist’ credit card isn’t just a PR …

Things we’re reading today include … Citi accused of trumpeting top trader’s dismissal Germany moves to unblock eurozone banking union City regulator staff slated over ‘shameful’ behaviour at London HQ Bank bosses acting like pilots who have parachutes their passengers don’t, regulator says Millionaire investors hoard larger cash piles  Twenty …

Things we’re reading today include … Deutsche Bank tech failings hit thousands of payments UBS wealth management co-head Khan unveils plans to grow business: paper TSB ‘may close up to 100 branches and put 400 jobs at risk’ Apple co-founder says Apple Card algorithm gave wife lower credit limit DWS …

The main blog headlines are … Seven Fin and Tech truisms we wish were myths (with thanks to Anne Boden) I attended the New Statesman’s FinTech Summit yesterday. I gave the opening speech and was followed by the indomitable Anne Boden, CEO and Founder of Starling Bank, who talked about …

Things we’re reading today include … Citi, Deutsche get go-ahead to probe regulator witnesses in landmark cartel case Wall Street investors slam Warren’s policies City traders: We want shorter working hours How big tech is dragging us towards the next financial crash Financial crime through video games is on the …

Things we’re reading today include … Deutsche Bank collapse rebuttal sets off Twitter storm Factbox: How the SEC is making life easier for corporate America Goldman’s journey: from high finance to the Mittelstand Second U.S. law firm plots rival London forex class action London Stock Exchange considers shorter trading day …

Things we’re reading today include … Citigroup Says It’s Open to Expanding Bank-Branch Footprint Modern Central Banking Is More Vulnerable Than We Think Banks boosted new lending to fossil fuel projects last year, figures show IBM, Bank of America team up to launch financial services-specific cloud Wall Street increasingly weighs …

Things we’re reading today include … Goldman Sachs offers would-be parents on staff $20,000 to buy eggs OneCoin lawyer on trial for role in ‘crypto-scam’ Regulators press Deutsche boss to drop dual roles Santander buys majority stake in fintech Ebury for £350m Edmond de Rothschild chief warns private banks face …

The main blog headlines are … McKinsey reckon banks are in a ‘do-or-die’ moment … really? A few talking points last week, but two hit me in particular. The first is a McKinsey report that reckons half of the world’s banks are not viable. Their cost of equity is higher …

Things we’re reading today include … Banks face compensation claim over payment fraud New Wells Fargo CEO says he wants to fix problems, isn’t a ‘wallflower’ Why the repo market went awry… Facebook sued for age, gender bias in financial services ads A scholar of inequality ponders the future of …