Sat.Jun 19, 2021

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HSBC whistleblower claims vindication after bank’s £200m payout to customers

TheGuardian

Nicholas Wilson says redress scheme is a direct result of his campaign over excessive charges Nicholas Wilson has spent years pursuing HSBC over the way it treated some people who fell behind with payments, and when he claimed the bank might owe customers more than £200m, it arguably sounded pretty fanciful. For more than a decade he was ignored and dismissed but HSBC eventually set up a £4m compensation scheme to remedy “a historical issue”.

Payments 137
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Banking's Execution Imperative

Jeff For Banks

Announcer: Spain had 85% possession against Sweden and did not score. The strategy drawn up by the Spanish side played out. mostly. What Spain didn't do is execute in their attacking third to put one in the net. It doesn't matter if you had 85% possession. The scoreboard matters. So it goes with banking. So often management teams put in the work to design a winning strategy.

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JPMorgan to acquire robo-advisor Nutmeg | Wise seeks direct listing in London | How influencers fit into Twitter’s plans to double revenue by 2023

Bussman Advisory

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: JPMorgan Chase to acquire robo-advisor Nutmeg ahead of U.K. digibank launch Wise seeks to be the first tech firm with direct London listing How influencers fit into Twitter’s

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Kenya Eurobond 2021 A to Z

Bankelele

Kenya’s 12-year Eurobond in which the Government sought to raise $1 billion, attracted investments worth $5.4 billion after a three-day virtual roadshow with European investors. Here’s a peek at a draft 223-page prospectus Advisors to the National Treasury were Citigroup and J.P. Morgan Securities as book runners, co-managers were NCBA and I&M banks, Citi was […].

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper