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Things worth reading: 25th June 2020

Things we’re reading today include … Zopa granted full banking licence Bank staff accused of ‘interrogating’ and turning away pensioners who travelled miles, claiming their visits weren’t essential Britain nearly went bust in March, says Bank of England 3 APIs That Could Revolutionize Banking Banks: back to the office SoftBank: …

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Things worth reading: 24th June 2020

Things we’re reading today include … Wirecard: Former boss arrested over €1.9bn scandal Twitter apologises for business data breach White household income in UK 63% higher than black households, ONS finds ‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable New Zealand seizes £72m of …

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Things worth reading: 23rd June 2020

Things we’re reading today include: Dear Monzo, Starling and co; We’re still a long way off the perfect neobank Wirecard crisis looms large over Europe’s fintechs How banks are planning to bring staff back to the office Big tech expected to shake up wealth management industry The new face at …

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Things worth reading: 22nd June 2020

Things we’re reading today … … are all about Wirecard … Wirecard versus The Financial Times: a FinTech poster child on trial Wirecard’s Missing Billions Forces Out CEO, Panics Lenders Why was Frankfurt so blind for so long about Wirecard? … and a few other things … ‘Having my identity …

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Things worth reading: 19th June 2020

Things we’re reading today include … European Central Bank hands out 1.3 trillion euros in loans Wirecard shares slump over missing €1.9bn To understand the new wave of small investors, look to China The successes of the Fed’s dollar-swap lines Barclays, HSBC and Lloyds among UK banks that had links …

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Things worth reading: 18th June 2020

Things we’re reading today include … Visa predicts ‘permanent’ shift in consumer spending habits Commerzbank fined £38m by UK watchdog for money-laundering failings HSBC to press on with 35,000 job cuts Coronavirus: Money printer hopes virus crisis boosts demand for fresh bank notes Dollar and yen gain on worries about …

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Things worth reading: 17th June 2020

Things we’re reading today include … Banks ‘could share branches’ in bid to rescue access to cash Visa hails ‘permanent’ shift in consumer spending habits Banks must treat debt-laden firms fairly to avoid replay of 2008, says FCA chair New trials planned for cash-stricken communities UK Finance boss resigns as …

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Things worth reading: 16th June 2020

Things we’re reading today include … Metro Bank in talks to buy peer-to-peer lender Ratesetter Amazon And Goldman Sachs: A Small Business Lending Wake-Up Call For Banks Light on tech, heavy on banks — has Warren Buffett lost his touch? Facebook launches WhatsApp digital payment service Amazon v EU: Has …

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Things worth reading: 15th June 2020

Things we’re reading today include … PagoFX — Can a bank really build its own fintech? Bank of England joins Dennis the Menace for kids project Wall Street Week Ahead: Investors bet bounce in value stocks will stick Crunch time for China’s robot startups as pandemic brings pain and opportunities …

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Things worth reading: 12th June 2020

Things we’re reading today include … Why are bank bosses sounding more optimistic about loan losses? Lloyds fined £64m for unfair treatment of mortgage customers Wall Street’s ‘fear gauge’ jumps on fears of coronavirus resurgence ‘First lady of Lloyd’s’ locked in £19m high court battle with former business partner over …

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Things worth reading: 11th June 2020

Things we’re reading today include … ECB prepares ‘bad bank’ plan for wave of coronavirus toxic debt The Looming Bank Collapse Goldman Sachs employees to start returning to U.S. offices from June 22 Goldman Sachs closes Marcus account to new UK savers Mike Pompeo criticises HSBC for ‘corporate kowtow’ to …

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Things worth reading: 10th June 2020

Things we’re reading today include … UK banks approve £35bn in state-backed loans amid heavy demand Exclusive: Banks to Berlin – Loosen coronavirus cash rules for firms Turkey joins settlement house Euroclear after 8-year talks Pompeo chides HSBC for ‘corporate kowtow’ to Beijing Amanda Staveley exaggerated role in Barclays rescue, …

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Things worth reading: 9th June 2020

Things we’re reading today include … Could you soon be paying your bank to hold your savings? The World’s Best Banks: The Future Of Banking Is Digital After Coronavirus Amanda Staveley sues Barclays for £1.5bn in high court Covid-19 pandemic risks dramatic rise in poverty, warns World Bank EY fights …

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