This week’s main blog headlines are …
Writing more and more about chatbots, robots and AI, I can see a day coming in the not too distant future where we won’t be able to tell the difference between the human and the machine. That’s not scary science fiction, as it’s now almost …
When you have your basic needs covered – food and shelter – what do you need then? According to Maslow’s hierarchy of needs, it’s our psychological needs – love, belonging, self-esteem. This is exactly where digital plays into our hearts. Our love and belonging is …
Not all US banks are against Open Banking
I blogged recently about American banks beating up the regulators to stop account access via APIs. I heard this in various White House meetings in 2016, and assumed all banks and bank people felt the same way. Well, they don’t. Citi’s head of FinTech Policy, …
Most people are inherently good: discuss
A final word on governments and politics after my Friday blog about corruption, and then I promise to leave this alone, as it’s not something I should talk about here. But I am going to make one statement: most people are inherently good. Whatever you …
The latest news headlines …
Challenger bank Redwood secures banking licence and £30m council investment - The Telegraph
City backs Carney with plan to keep finance open after Brexit - The Telegraph
'Best banker in America' blamed for Wells Fargo sales scandal - Reuters
(Reuters) - An investigation by Wells Fargo & Co's board laid blame for the company's unauthorized accounts scandal on a high-pressure sales culture and a retail executive obsessed with stamping out negative views about her division.
Citi tops global transaction banking ranks: Coalition - Reuters
LONDON (Reuters) - Citi was the top bank last year in transaction banking, a segment comprising trade finance and cash management services, rankings compiled by industry analytics firm Coalition showed on Tuesday.
Tangled web of Cohn, Goldman and Glass-Steagall - Financial Times
The barring of so-called universal banking could be of great benefit for US bank
The secret recording implicating the Bank of England in Libor rigging - BBC
Listen to the secret recording implicating the Bank of England in rigging a key interest rate known as Libor.
Barclays board reprimands boss Jes Staley as City watchdogs launch probe over whistleblower case - The Telegraph
What Brexit means for the City - The Telegraph
Why is Deutsche Bank now the biggest worry in the financial world? - The Telegraph
German banker axed for 'sleep error' - BBC
A German court has ruled a bank supervisor was unfairly fired for missing a multi-million-euro error by a clerk who fell asleep during a transaction.
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Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
