The main blog headlines are …
Excuse me, but would you like this chip in your vein or your brain?
Lots of people talk a good talk about the internet of things and how my washing machine could now make purchases but my question is: what would my washing machine want to buy? More powder and some salt maybe? A replacement for the dish that …
Money laundering is most likely to wash with your local estate agent
Someone pointed out to me that when I wrote about the wealth divide, a lot of the property investing is not your average John or Jane, but a lot of money launderers. I wrote a while ago that there is $1.6 trillion of money laundered …
Ever wondered what a digital human looks like?
I know that I could get boring so won’t labour this one over and over again, but for people attending Eurofinance in Miami in May or Money 2020 in Singapore in March, I have great news for you! Both events are going to be promoting …
Everything you need to know about bitcoin
I’m often asked how bitcoin works, where to buy them and how does it relate to blockchain and differ from ethereum, etc, etc. I was going to write a blog about it but Daniel over on Invest in blockchain beat me to it. He has also kindly …
Why bitcoin is not a ‘fraud’ or ‘bubble’, but something you should take seriously
Unless you have been asleep for the last year, you cannot have failed to catch the buzz around bitcoin and other cryptocurrencies such as Ethereum’s Ether and Ripple’s XRP. There are even some coins that were created as a joke that are getting significant investments, …
The latest news headlines …
It would be useful to know what Corbyn really thinks of Lloyds | Nils Pratley - The Guardian
Is it the Labour leader’s kind of bank or is it one that he would prefer to break up? Lloyds Banking Group’s profits are back at pre-crisis level, there’s a new, digital-heavy three-year plan and enough surplus cash to spend £1bn buying back shares . Very good, but the chief
Bitcoin has ‘pretty much failed’ as a currency, Bank of England Governor Carney says - Reuters
Bitcoin has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.
Top City regulator used tax break scheme - BBC
The incoming head of the Financial Conduct Authority had to repay HMRC after tax scheme "error".
Lloyds to unveil £1bn share buyback in annual results - The Telegraph
Axe to fall on hundreds of Deutsche Bank staff ahead of bonus day - The Telegraph
Small firms increasingly reluctant to borrow from big banks, report finds - The Telegraph
More arrests in $1.8bn Punjab National Bank scam - BBC
Several Punjab National Bank workers have been detained in connection with India's biggest fraud.
RBS looks to be in the money – but looming fine may put paid to that - The Guardian
The bank’s reporting a profit for the first time in 10 years but its troubles aren’t over – and it’s not the only one in difficulty This week should be a landmark for Royal Bank of Scotland. The publication of its annual results on Friday should mark the first time
Eyes wide shut: the $1.8 billion Indian bank fraud that went unnoticed - Reuters
By Krishna N. Das, Aditya Kalra, Devidutta Tripathy and Tom Lasseter
Former RBS director to chair UK's largest student digs company - The Telegraph
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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...
