Things we’re reading today include … Clydesdale confirms Williams & Glyn offer Lending Club races ahead into car loans Monte dei Paschi shares suspended after 23% fall Deutsche Bank’s ETF unit bleeds $8bn this year Will paper receipts become a thing of the past? The future of trade has rarely looked more uncertain Payments: interloping…
Things we’re reading today include … Italy’s Monte dei Paschi set to approve business plan Sweden holds out olive branch to Brexit Britain The eurozone is turning into a poverty machine Four reasons why banks won’t leave the City of London after Brexit Treasury promotes Brexit mandarin Katharine Braddick to negotiate for the finance industry…
Following on from yesterday’s blog about Little Britain and a hard Brexit, we all know the world has been globalising and, even though there is currently a backlash against globalisation per se, it is unstoppable. It is unstoppable primarily because of technology. The whole planet is now on the network. Seven billion people have access…
5,300 Wells Fargo employees have been caught faking customer account openings in order to hit their sales targets. That sounds pretty disgusting doesn’t it, but it’s nothing new. In fact, we here in old America or, as some call it, Britain, have been living with this for half a decade. During the 2000s, leading up…
Things we’re reading today include … Draghi: EU must redistribute wealth and strengthen borders to save the union Wells Fargo seeks to shore up reputation in wake of scandal UK one of the most unequal countries, says Oxfam Bank of England to buy Apple bonds Bank of England’s Minouche Shafik leaves to run the LSE…
Things we’re reading today include … Inside the Bank of England’s vaults: can cash survive? The Square Mile is the envy of the world – and leaving the EU shouldn’t change that EU opens ethics probe into Barroso Goldman job Tech advice drives record turnover at PwC Industry heavyweights put faith in robo-advisers Banks find…
I don’t often highlight the Financial Services Club’s forthcoming meetings, but felt it worth just noting a few upcoming specials. Join the Club if you want to come along: Financial Services Club England September 6 Future Applications of the Blockchain Technology – Leanne Kemp, Founder and CEO, Everledger September 20 The Refugee Crisis is also an…
I love the predictions of scientists, but they’re often wrong. The internet has a litany of stupid predictions from IBM’s President saying that there’s a worldwide market for about five computers to The Atlantic predicting that, by the year 2000, we would no longer be engaged in wars. The latest predictions are that, thanks to improvements…
