Things we’re reading today include … The Swiss central bank turned a record-setting loss into a massive profit Value of reported fraud in UK financial services falls sharply HSBC chairman: Brexit could trigger ‘Jenga tower’ of City job loses Exclusive: Banks forced to cover tracks of China’s forex regulator World Bank predicts 2.7% global economic…
Things we’re reading today include … JP Morgan boss says France won’t lure City workers with current employment laws After Brexit Funding Circle gets £40m in state backing to tackle business loan squeeze ‘A major bank will fail’ Japanese insurance firm replaces 34 staff with AI Young to inherit more but in less equal amounts,…
Things we’re reading today include … Commonwealth bank doors left unlocked on New Year’s Day Brexit: banks consider whether to start moving business out of UK Nationwide sees 10pc rise in customers thanks to Government account switching service China’s economy could grow 6.5 percent in 2017; devaluation could stabilize yuan: think tank Fears of a…
I was looking through Google Analytics to see which of my blog entries had been most read in 2016. Here’s the list and, as you will see, it’s mostly people reading about blockchain news, although how to change the bank, fintech and innovation all get high rankings too. The top ten trends in banking innovation…
Things we’re reading today include … A volatile calm – the paradox of 2016 financial markets Italy approves a €20bn bailout plan for its banks Monte dei Paschi on the brink of state bailout Deloitte apologises for Brexit memo Singapore convicts banker in 1MDB case JP Morgan fined £26m over interest rate cartel ‘Buy now,…
Things we’re reading today include … Eurozone COLLAPSE fears as Italy demands £17BILLION bailout to prop up its ‘doomed’ bank London Stock Exchange in talks to sell French clearing house to Euronext Lloyds Bank swoops on credit card provider MBNA in £1.9bn deal What not to expect in 2017 Plastic £5 note maker Innovia snapped…
Things we’re reading today include … Ukraine leader urges calm after PrivatBank is nationalised Lloyds Bank buys MBNA credit card firm for £1.9bn Barclays braced to cut up to 7,000 trading customers Christine Lagarde: IMF chief convicted over payout Fed approves rule requiring banks to publicly disclose liquid assets Italy seeks 20bn euros for banks…
Things we’re reading today include … Crunch time for troubled Monte dei Paschi as survival rests on savers Banks told to plan breakup as contingency in case of financial disaster As yuan weakens, Chinese rush to open foreign currency accounts Former UBS traders bring case against City watchdog Post-Brexit deals ‘not at price of EU…
A summary of the main blogs of the week … Open Banking consultation (deadline December 23 2016) I’ve been talking a lot about open sourcing financial services this year and, more recently, tracking Open Banking. The Open Banking Working Group was launched just over a year by HM Treasury to create an Open Banking Standard. The…
