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Things worth reading: 30th October 2020

Things we’re reading today include … SoFi gets green light to become a national US bank Investors should prepare for worst over US presidential election The man who wants to help you out of debt – at any cost Asset managers warned over ‘insufficient’ climate risk reporting The march of …

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Things worth reading: 29th October 2020

Things we’re reading today include … Visa and Mastercard earnings highlight consumer spending woe Deutsche Bank speeds up office closures to cut costs Joe Biden looks like a safe pair of hands for the US economy | Jeffrey Frankel The world’s banks must start to value nature and stop paying …

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Things worth reading: 28th October 2020

Things we’re reading today include … Banks lent £1.9tn linked to ecosystem and wildlife destruction in 2019 – report The senator shaking up Australia’s A$3tn pensions sector HSBC says it could charge for current accounts Experian: Credit agency told to stop sharing data without consent EU takes step to ease …

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Things worth reading: 27th October 2020

Things we’re reading today include … Jack Ma’s Ant Group set for record $34bn market debut Sunak under pressure to reveal whereabouts of his own investments HSBC to accelerate restructure plan to slash costs Investment industry urged to promote more black women Brussels debates building up a Fortress Europe in …

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Things worth reading: 26th October 2020

Things we’re reading today include … Covid-19: Lloyds staff to work from home until spring Covid leaves 6m UK small businesses and 16m jobs in ‘precarious position’ Jack Ma rails against global financial rules ahead of $30bn Ant Group IPO Banks transfer balances by cheque … to banks that don’t …

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Things worth reading: 23rd October 2020

Things we’re reading today include … The future of banking supervision in a changing world Goldman Sachs to pay $3bn over 1MDB corruption scandal Goldman subsidiary pleads guilty in 1MDB scandal Rishi Sunak’s ex-Goldman Sachs boss emerges as next possible BBC chair EU explores tougher curbs on City hedge fund …

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Things worth reading: 22nd October 2020

Things we’re reading today include … Metro Bank balance sheet weak The end of free bank accounts is bad news for Monzo and its rivals Boxing legend Manny Pacquiao swaps punching for payments UK borrowing on course to exceed £1bn a day but markets unperturbed PayPal finally embraces cryptocurrencies with …

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Things worth reading: 21st October 2020

Things we’re reading today include … UBS smashes expectations with 99% rise in third-quarter net profit Hong Kong banks told to report potential breaches of security law Visa and Mastercard accused of charging ‘excessive’ fees Monzo launches £180-a-year premium account despite downturn Machines to ‘do half of all work tasks …

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Things worth reading: 20th October 2020

Things we’re reading today include … Banks are far more exposed to climate change than they’re disclosing The share of Americans with bank accounts hit a new high in 2019 Goldman Sachs: Soaring Profits, Uncertain Future Bank boss: UK facing ‘unprecedented economic uncertainty’ NatWest pledges to boost number of black …

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Things worth reading: 19th October 2020

Things we’re reading today include … Wanted: Economist for Digital Currencies Warren Buffett plowed $5 billion into Bank of America during the debt crisis Peter Schiff’s bank under investigation in tax evasion probe The costly fallacy of ‘asset class’ investment Firms urged to get ready for new EU relationship City …

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Things worth reading: 16th October 2020

Things we’re reading today include … Coronavirus: About 1.4 million Brits to stop using bank branches Bank of America’s digital investments continues driving engagement UK banks not ready for negative interest rates, says NatWest chairman Will we be getting our cash from shops, not ATMs? UK banks plan to hike …

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Things worth reading: 15th October 2020

Things we’re reading today include … The Bank of England should not impose a negative interest rate Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down What bank results tell us about the US economy ahead of the election Brexit: Banks warned over expat account closures …

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