Our main stories this week include … A new debate: should Germany leave the Eurozone? I haven’t blogged much about Europe or other things other than Fintech lately. I guess because Fintech is taking up so much of my time and discussions, but the Greek crisis has not gone unnoticed in the news headlines or…
Things we're reading today include … Analysis: Bitcoin startups lure quant whizzes from Wall Street RBS builds $3bn safety buffer by issuing 'coco' bonds Barclays chairman John McFarlane bans flip-flops and jeans at head office Bank of England signals no interest rate rise until 2016 Sexism in the City: Why is banking stuck in 1985?…
Things we're reading today include … Standard Charter faces calls to quit 'carbon bomb' mine High street banks 'making millions' by confusing customers out of switching current accounts Lending Club: still growing Are we ready to forgive the bankers? JPMorgan to move 2,150 jobs to New Jersey from New York: WSJ Last Madoff fraud defendant…
Things we're reading today include … HSBC promotes rising star Antonio Simoes to Europe chief Challenger banks raid rival lenders for top staff Cleaning up the financial markets Chancellor sells stake in RBS at a loss of £1.1bn City of London employers are failing disabled workers, says Lord Mayor How will HSBC’s Stuart Gulliver fare…
Things we're reading today include … HSBC beats forecasts as Hong Kong drives 10 percent rise in first-half profit HSBC selling unprofitable Brazil unit to Bradesco for $5.2 billion HSBC profits up 10% driven by growth in China We have given the keys of the global banking business to the Americans, says John Hourican Greek…
Our main stories this week include … Fintech attacks whilst bank CxO's snooze Since asking a while ago who will be the Uber of banking, I’m fed up with everyone talking about the Uber of banking. For example, two headlines caught my eye this morning: Visa Invests in Stripe to Prep for the 'Uberization' of Retail; and Will…
Things we're reading today include … Barclays profits climb as investment bank makes surprise lurch to health Prove you understand your risks or hold more capital, banks told Funding Circle set to float fund Libor-style scandals could happen again as banks are failing to reform, says FCA The HSBC fiasco might be a cautionary tale…
Things we're reading today include … Contactless cards replace cash as shoppers flash the plastic Restructure banks to help wider society, says BoE chief economist Cyber insecurity: When 95% isn’t good enough Going for Gold(man): UK bank analyst pay tops out at 71,000 pounds Challenger banks are forcing the big boys to cut mortgage prices,…
Things we're reading today include … Norwegian court orders bank to cover man's £23k lap-dance and drinks bill Why did HSBC shut down bank accounts? Barclays 'may have to raise £5bn to keep up with rivals' Libor trial: Jury considers verdict on Tom Hayes Greek PM Tsipras under pressure over covert Syriza drachma plan reports…
Things we're reading today include … Greece rocked by reports of secret plan to raid banks for drachma return Debt conundrum to keep Greek banks in months-long freeze UBS reports 53% jump in net profit Former bank boss under house arrest How safe is peer-to-peer lending? Small Talk: Equity crowdfunding has seen big success but…
