It was almost December 25, Christmas, and Jimmy Diamond was a happy man for a change. Just this week his bank had opened 100,000 new customer accounts (even though only 25,000 people had visited the bank); they had managed to sneak an extra 1% onto credit card holders balances (without informing most cardholders explicitly of…
Things we’re reading today include … Is the next financial crisis on its way? These new plans for bank reforms in Europe could hit Wall Street lenders Bank executives should be fired for regulatory breaches, says report British taxpayers lose £27bn on bank bailout Middle East bank to launch AI for customer support Paragon Bank…
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…
Global 100 - 2024 Winner
Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023
Best Financial Markets Advisor of the Year 2023
