Things we’re reading today include … US Fed raises interest rates by 0.25% Major U.S. banks raise prime rates after Fed rate hike When the Fed last raised rates New year, new legal bills for the forex-rigging banks Santander leads likely bidders for RBS’ Williams & Glyn spin-off Barclays reviews Africa strategy Barclays sells index…
Things we’re reading today include … Ex-Barclays chairman David Walker takes blockchain job Australia banks agree Android Pay deal, Apple Pay still frozen out Bankers’ bonus cap drives up salaries, says Bank of England Andrew Tyrie, head of Treasury Committee, says Financial Reporting Council is ‘dragging its feet’ over HBOS auditor UK lenders can survive…
Things we’re reading today include … Ex-Barclays chairman David Walker takes blockchain job Australia banks agree Android Pay deal, Apple Pay still frozen out Bankers’ bonus cap drives up salaries, says Bank of England Andrew Tyrie, head of Treasury Committee, says Financial Reporting Council is ‘dragging its feet’ over HBOS auditor UK lenders can survive…
Things we’re reading today include … New IT glitch hits RBS’s long-suffering customers hit Who is responsible for the eurozone crisis? The simple answer: Germany Sabadell rules out buying more banks in blow to challengers Chinese billionaire re-emerges after ‘disappearance’ in government’s anti-corruption drive We have never used cheques, say TransferWise founders Investigate KPMG’s audit…
Our main stories this week include … 2015 was the year of the blockchain The world is still very confused about bitcoin. For example, some press are still writing the old stories about the phenomena as an investment: Man buys $27 of bitcoin, forgets about them, finds they’re now worth $886k. It makes for a…
Things we’re reading today include … Italy bank rescue marred by suicide Tax on benefits-in-kind to be relaxed Top Chinese investor ‘unreachable’ Zero-hours contracts are forcing more people into disastrous debt VIDEO: Inside Myanmar’s first stock exchange Global regulators join crackdown on buy-to-let Banks hire staff outside of London in bid to cut costs This…
Things we’re reading today include … The charts that show London’s economic recovery could pave the way for the next financial crisis Morgan Stanley begins layoffs in credit division Housing crisis: London property costs three times more than the average UK home Citigroup to take $300 million ‘repositioning charge’ in fourth quarter Risky buy-to-let lending…
Things we’re reading today include … Silicon Valley’s Hometown Bank Booms, But Risks Are on Horizon Gordon Brown joins asset manager HSBC looks to global loan book to boost profits Barclays customers stranded after online banking services crash Wonga hires former head of responsible banking at Lloyds Santander boss Ana Botin awarded honorary damehood Will…
Things worth reading today include … Jes Staley Said to Mull Deeper Cuts at Barclays Investment Bank ‘Too many funds do the same thing’ OnDeck/JPMorgan: Fine tech Uneasy calm in markets about upcoming U.S. rate increase, BIS says National Australia Bank pitches Clydesdale flotation to investors Vodafone brings mobile money to 15m people without bank…
Our main stories of the past two weeks include … 110 years to save for retirement: the future of mortgages, pensions and savings I don’t like talking about the long-term future much, as who knows anything about the long-term future? Nevertheless, there are some things that are obvious in the long-term future based upon technological…
