Things we’re reading today include … Moody’s downgrades China for first time since 1989 as it warns financial strength will erode as debt mounts Google plans to track credit card spending Funding Circle wins approval from regulator in peer-to-peer boost Potential settlement in RBS £12bn rights issue trial hit by further delays as lawyers can’t…
Things we’re reading today include … Transferwise’s Borderless bank account lets you save money in different currencies Morgan Stanley to curb veteran adviser recruiting Barclays facing £1.6bn High Court lawsuit RBS on verge of avoiding embarrassing High Court battle as investors poised to agree to £200m settlement Bank of England Governor tricked by email prankster…
Things we’re reading today include … Hackers hit Russian bank customers, planned international cyber raids Under Pressure: The Shifting Landscape of Banking Regulations Banknote maker De La Rue quids in as profits rise TransferWise to offer cross-border bank accounts Barclays tightens email security to prevent hoaxes after boss fell for fake chairman prankster Trial over…
Things we’re reading today include … Qatar looks to woo UK with ‘Wall Street of the Middle East’ pitch Bitcoin options exchange raises $11.4 million in funding Ex-RBS boss Fred Goodwin under scrutiny in court hearing Deutsche Boerse CEO seeks end to insider trading probe: Handelsblatt RBS tries for last-minute settlement before investor court case:…
This week’s major updates on the Finanser … What banks can learn from Wal-Mart I picked up Bloomberg Business Week at the airport this week, attracted by the cover. Wal-Mart have issues with the digital revolution. Amazon is stealing their lunch, literally, and they’ve been struggling for years to work out what to do about it. …
Things we’re reading today include … Ant Financial claims doubling of daily users Share sale returns Lloyds to private sector Lloyds chairman Lord Blackwell speaks of ‘great pride’ as bank returns to private hands Lloyds chief executive Antonio Horta Osorio welcomes the end of government ownership Lloyds chairman gives strongest signal to date Antonio Horta-Osorio…
Things we’re reading today include … TransferWise becomes profitable six years after being founded Bernard Madoff: the inside story of an obsessive control freak who fooled the world NYSE wins regulatory approval for ‘speed bump’ exchange JPMorgan’s Dimon defends Trump advisory role, deregulation Lending Club hires Paypal global credit head as new president Clydesdale boss…
Things we’re reading today include … Banks ‘must show action’ in fraud cases Cyber attack could spark lawsuits but not against Microsoft Noel Edmonds accuses Lloyds of ‘foot dragging’ over HBOS payouts JP Morgan buys Dublin office with room for 1,000 staff Ant Financial stalls IPO plan as buying spree continues Ten top American fraudsters…
This week’s main blog headlines are … The legacy clock is ticking Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. Here’s what they published: ‘The clock is ticking for Pakistan’s legacy banks,’ Chris Skinner, global fintech expert An independent commentator on financial…
Things we’re reading today include … Mashreq CEO foresees branchless future for UAE bank Top French bank chief attacks no-frills rivals for freeloading Bank branch closures affecting poorest the most Barclays rejigs global investment banking team, seeks new hires Lloyds chief says taxpayer to make £500m on bank rescue Barclays chief falls victim to email…
