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The Finanser’s Week: 3rd July – 9th July 2017

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This week’s main blog headlines are …

The Top 1000 banks in the world

I’ve written a column for The Banker magazine for the last 15 years and, during that time, have collected their special July edition each year.  Every July The Banker publishes their analysis of the Top 1000 banks in the world.  In the 1990s, the top 10 were …

What was hot at Money2020 Europe?

Last week was Money 2020 Europe week.  This year a gathering of 6,000 odd people – and I mean ODD – assembled in Copenhagen to talk all things FinTech and stuff.  That’s 50 percent up on last year’s first outing and, due to the numbers …

Handcuffed by heritage

Building on yesterday’s blog, Money2020 has an official Money Magazine to go with the European show, produced by Norfico.  I was picked as one of a few commentators to talk about what’s going on in the world and was featured in the magazine, which you …

Turkey to be cashless by 2023

I spend a lot of time talking with my friends in Turkey, particularly since the big change in climate after the protests last year.  Nevertheless, from a financial markets point of view, it’s a fascinating place.  One of the first to be contactless and, more …

The way we bank is radically changing

The British Bankers’ Association released their The Way We Bank annual report last Thursday. It was interesting. Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current …

 

The latest news headlines …

Lloyds Bank overhauls top team as Antonio Horta-Osorio looks to the future - The Telegraph

Worldpay suffers reversal of fortune - BBC
The payment processing company goes from leading the FTSE 100 to being its biggest loser.

Plan to put a mini computer screen on bank cards - Daily Mail
Customers may soon be offered bank cards with a security code that changes by the hour in a bid to tackle fraud. The new debit and credit cards will have a tiny computer screen on the back of the plastic near the signature strip.

Tesco Bank boss Benny Higgins to step down after a decade - The Telegraph

Worldpay shares soar further on takeover approaches - BBC
Worldpay shares rocket after the payments processing company receives bid interest.

Italy ON BRINK: Now THIRD Italian bank demands cash injection - The Express
The European Central Bank has urged Banca Carige, which is based in the city of Genoa, to raise capital and shed bad loans. But its restructuring has been delayed by a governance spat which led to the appointment of a new CEO last month.

The Trump administration—not the Fed—has it right on bank regulation - CNBC
The Federal Reserve and the Trump administration seem to be headed in opposite directions.

Former COO of Deutsche Bank joins MortgageGym - Financial Times
Henry Ritchotte believes fledgling company will ‘revolutionise the mortgage market’

Brexit clarity needed to avoid 'tipping point' for industry as companies abandon investment in UK - The Telegraph

Ex-FCA enforcer McDermott joins board of new bank lobby group - Sky News
Tracey McDermott is among the most eye-catching recruits to the board of a powerful new bank lobbying group, Sky News learns.

 

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Chris Skinner Author Avatar

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...

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