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Regulation

UK banks ordered to digitalise or else

On Tuesday the Competition and Markets Authority (CMA), a UK Government Agency, told British banks that they must digitalise or suffer penalties.  In a report entitled Making banks work harder for you, they have ordered the UK banks to digitalise within two years or face regulatory fines. The key headlines …

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America’s regulations are not the problem

I received a very thoughtful response to last week’s blog (about Dodd-Frank being the issue with the USA seeing zero neobanks starting up) from two Nahum Goldmann and David Gerbino.   Nahum and I have corresponded for some time about banking matters and his email sparked various views in my mind.  Here’s his …

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Eurosceptics rule KO!

So we had our annual update on all things EU yesterday from David Doyle, loyal friend of the Financial Services Club and our opening keynote in most years as we are all keen to know what the Eurocrats are thinking.  In prepping for the meeting, I got to thinking about …

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