Things we’re reading today include … Tesco Bank: 20,000 customers lose money Tesco Bank blames ‘systematic sophisticated attack’ for account losses Investors shrug off more losses at Lending Club HSBC boss urges government clarity on EU workers in the UK Banks, brokers gird for Brexit-style tumult following Tuesday’s election HSBC profits slump following sale of…
As mentioned yesterday, there’s a big question about what all of this means for financial service. You may not have asked those questions but if life sciences allows people to live for 150 years or more; if babies can be born without defects; if you can design yourself to be whatever you want to be;…
Things we’re reading today include … The rise, fall and fightback of Mark Carney, the rock star of finance Trade options Jose Manuel Barroso cleared of breaking rules for taking Goldman Sachs job Barclays customers hit by debit card glitch New pound coin: Firms told to prepare for redesign Mark Carney to leave Bank of England…
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…
