Things we’re reading today include: Turbulent markets hit Deutsche Bank profits Barclays is in need of more of a strategy Lloyds Banking Group reveals surge in buy-to-let lending RBS reports £968m quarterly loss Barclays offers PPI refunds to 10,000 RBS admits further delays in offloading Williams & Glyn This week’s Economist: If it ain’t broke, don’t…
Things we’re reading today include … FCA sets outs plans to improve debt markets Schäuble takes on bank secrecy in Germany after Panama Papers Barclays profits drop by a quarter Senior Barclays executive denies knowledge of Libor rate rigging Banks rethink prime brokerage Brexit would cost UK households £2,200 by 2020, says OECD Barclays confirms…
Things we’re reading today include … China’s Ant Financial raises $4.5bn Standard Chartered shares jump 10% Bank of England official joins hedge fund Regulator widens inquiry into UK firms’ links with Panama Papers tax havens UK’s big four banks face £19bn in compensation, fines and legal costs U.S. Treasury anti-laundering head to join HSBC: sources…
Things we’re reading today include … Goldman’s retail move follows the money The faces of Britain’s banknotes – in pictures Fast cash: The high-speed world of cloud-based finance RBS faces claims for £1bn in damages from small businesses Exclusive: SWIFT network says aware of multiple cyber fraud incidents Computers threaten stock pickers’ role Bangladesh hack…
Things we’re reading today include … Times are hard for bankers – but they did nearly bankrupt the planet Pay ratio between bosses and employees will be ‘2016’s hot topic’ Bob Diamond preparing bid for Africa arm of Barclays, claim reports Fed seen holding rates this week with hike still on horizon Goldman Sachs opens…
Our main stories of this week includes … In the digital age, printed proof of identity is ludicrous I remember being involved in a business process re-engineering project for an insurance firm some years ago. We looked at how the underwriting process worked on complex insurance risks and discovered that in the middle of the process,…
Things we’re reading today include … Greek talks with lenders fraught as fears grow of default Hedge fund manager goes from billionaire to millionaire in profits plunge US regulators target incentive pay for ‘significant risk-takers’ at financial firms China launches online finance crackdown John Maynard Keynes died 70 years ago. We ignore his wisdom at…
Things we’re reading today include … Metro Bank stems losses to £7.9m in first update since IPO Hackers jailed over SpyEye virus that robbed bank accounts worldwide Iran must pay for terrorist attacks Investors pull $15bn from hedge funds Harriet Tubman will appear on $20 bill, leaving Alexander Hamilton on $10 Worldpay eyes pay-as-you-go for…
Things we’re reading today include … How money has been made over the years US bank revenues fall by most since 2011 Goldman Sachs’ slump extends to four quarters as net revenue plummets Finance leaders call for fintech forum Offshore in central London: the curious case of 29 Harley Street | Oliver Bullough Plans to…
Things we’re reading today include … The bad smell hovering over the global economy SEC faces opposition to trading rules rejig The dark side of Uber: why the sharing economy needs tougher rules | Greg Jericho Greece considers proposal to unblock bailout review talks RBS pulls back fossil fuel investments as green deals grow The…
