Things we’re reading today include … Spelling mistake prevented hackers taking $1bn in bank heist How the ECB is trying to revive the eurozone Wall Street ends flat as Draghi disappoints ECB cuts interest rates to zero amid fears of fresh economic crash Down the financial rabbit hole Exclusive: China to ease commercial banks’ bad…
Things we’re reading today include … Square nearly doubles revenue in fourth quarter but loses $41m in 2015 Nasdaq to buy ISE options exchange from Deutsche Boerse Exclusive: China to allow commercial banks to swap bad debt for equity stakes in firms – sources Citi creates new group focused on serving fund clients Spain’s monarchy…
Things we’re reading today include … Big U.S. banks to take on tech rivals with instant payments US investment banks open gap over Europe RBS pays share bonuses worth £17.4m to top management team Withhold bankers’ bonuses for a decade, says Barclays man Carney: EU exit ‘biggest domestic risk’ Jailed Libor trader blocked from supreme…
Things we’re reading today include … £10m payday for Metro Bank cashiers as stock market float pays off New UK rules hold bank bosses accountable for misconduct NatWest online banking flaw enables hackers to drain bank accounts by stealing your smartphone Bank customers’ overdraft fees could be capped, say regulators Bank pledge adds to fears…
Things we’re reading today include … Bankers jostle to be junior as UK accountability rules kick in Race to provide robo-advice hots up FCA chief denies new regime is soft on bankers Faith in central banks’ healing powers faltering: BIS Europe urged to back investment banks EU referendum: British exit would be ‘poison’, says German…
Our main stories of this week includes … Why most banks fail at transformational change I had a few wake up calls in my years of working in financial services, and a couple of key ones gave me an insight into the mentality of major financial firms that have stayed pretty true ever since. The first was…
Things we’re reading today include … Mastercard Plots £1bn Vocalink Takeover Bid UBS France probed over tax witness Taxpayers ‘unaware’ of key tax changes LSE says German merger ‘compelling’ Barclays’ ‘nightmare scenario’ Regulators accuse ANZ of rate-fixing Getting the most from a bank account China takes aim at banks’ bad debt burden Fiery crash kills…
Things worth reading today include … Switch to digital currency could endanger banks, warns Bank of England deputy 130 bank branch closures in Wales over five years Drown attack: how weakened encryption jeopardizes ‘secure’ sites Start-up fined for cyber defence flaws UK to Start £4.2 Billion Green Bank Sale Green Investment Bank could be snapped…
Things we’re reading today include … Goldman banker on leave over Trump hats Barclays shares fall 7% on results Why is Barclays pulling out of Africa? Africa sale gives Barclays ‘clear vision’ World’s super rich keep buying up luxury goods in face of wealth decline Japan plays catch-up in fintech race London Calling? ICE’s Sprecher…
Things we’re reading today include … Barclays cuts dividend as profits fall 8% Barclays reports fall in profits China’s central bank attempts to boost economy with cash injection Andy Murray backs five UK start-ups Insurers find Google a potential rival: report ECB under mounting pressure to step up eurozone support Brexit would drive pound down…
