Things we’re reading today include … U.S. securities law can cover cryptocurrencies, judge rules JP Morgan boss Dimon declares he’d be a better president than Trump, then retracts EU proposes new powers to crack down on money laundering Lloyds axes a further 15 bank branches despite committing to network UBS ‘rogue trader’ moved to Heathrow…
Things we’re reading today include … What became of the G20 leaders who met in 2008 to avert financial crisis? Why ‘stable coins’ are no answer to bitcoin’s instability JP Morgan in ‘full execution mode’ over Brexit as banks begin moving jobs Exclusive: U.S. regulators reject Wells Fargo’s plan to repay customers – sources Mark…
Things we’re reading today include … New York regulator approves Winklevoss, Paxos dollar-linked tokens Clydesdale tipped to start buying spree after investors back £1.7bn Virgin Money takeover ING CFO Timmermans to step down after $900 million money laundering fine The post-crash principle for banks: be moral or bust | Zoe Williams HSBC whistleblower in Spanish…
Things we’re reading today include: UK fintech in buoyant mood as valuations soar How high street banks reward premier customers Nigerian bank’s former UK head was arrested U.S. probing Wells Fargo’s wholesale banking unit: WSJ Five surprising outcomes of the 2008 financial crisis Foreign investors face decision to stick or quit on Brexit British Airways…
Things we’re reading today include … Ten years after Lehmans, it’s as if we’ve learned nothing from the crash | Aditya Chakrabortty ‘If it was Lehman Sisters, it would be a different world’ – Christine Lagarde RBS to almost halve its branches with another 54 closures Citigroup to overhaul its investment bank: Business Insider UK finance…
Things we’re reading today include …. Deutsche Bank to Be Removed From Euro Stoxx 50 Index Danish bank scandal grows to ‘gigantic’ proportions Peer-to-peer lender Funding Circle plans £2bn flotation ING to pay €775m in money laundering case TSB chief Paul Pester steps down after IT meltdown Exclusive: Big Australian fund manager divests Commonwealth Bank…
Things we’re reading today include … U.S. Growth Powers Canadian Banks SocGen expects around $1.4 billion in U.S. sanctions penalties Funding Circle launches £2bn stock market flotation plan Britain’s TSB hit by another IT glitch, angering some customers Russia’s VTB bank apologizes for CEO who called UK’s Boris Johnson a ‘jerk’ Ten years on, the…
Things we’re reading today include … Monzo top and TSB crashes to the bottom of our customer service poll Banks consider ‘early warning system’ to fight misconduct Women still hold tiny minority of senior roles in financial services HSBC plans digital bank to counter online rivals Our financial system only works for the 1%. It…
