Bobsguide

NOVEMBER 23, 2020

The UK is a leader in the field of open banking. 2019 was a mammoth year for the country’s open banking ecosystem, when UK open banking hit one million users, regulated providers grew to 204 and there were 1.25 There is no doubt open banking has helped lift London into a. billion API calls.

Regulation 181

Regulation 181

TheGuardian

MAY 3, 2023

Dozens of activists from groups including Fossil Free London and Extinction Rebellion UK began their action less than five minutes into the meeting where its chair, Nigel Higgins, was addressing shareholders at the QEII Centre in Westminster, central London. Continue reading.

Meeting 79

Meeting Groups 79

TheGuardian

DECEMBER 26, 2023

Campaign at leading universities such as Oxbridge and UCL warns lender it will miss out on top talent if it finances fossil fuels Hundreds of students from leading UK universities have launched a “career boycott” of Barclays over its climate policies, warning that the bank will miss out on top talent unless it stops financing fossil fuel companies.

Policies 111

Policies Company Industry 111

TheGuardian

MARCH 27, 2024

Tom Hayes, first banker to be convicted in 2012 rate-rigging scandal, had his case rejected by UK court of appeal Business live – latest updates Tom Hayes, the first banker to be convicted over the Libor interest rate scandal, has said he is “not a quitter” and vowed to continue his near-10-year battle to clear his name after losing an appeal.

Fraud 68

Fraud Regulation 68

Bank Innovation

NOVEMBER 16, 2017

UK-based startup, the London Block Exchange (LBX) is launching a debit card that will allow users to spend cryptocurrencies at the point-of-sale, the company announced yesterday. The cryptocurrency card, dubbed the ‘Dragoncard’ according to the press release, is a prepaid debit card to be powered by Visa.

Cards 268

Cards cryptocurrency Company Bitcoin 268

Chris Skinner

JULY 15, 2018

It was interesting reading as the UK issued its Brexit plan last Thursday. After all, no MPs can agree what … The post Will the UK’s #Brexit plans kill London? A 98-page white paper outlines the details of what Britain is asking for in leaving the European Union. appeared first on Chris Skinner's blog.

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202

Chris Skinner

JUNE 27, 2016

The UK has had a long weekend considering the consequences of the Brexit. Chris Skinner has had a long weekend considering the consequences on London, the banking industry, Fintech and more … and I have to say that I’m quietly positive. appeared first on Chris Skinner's blog.

Fintech 282

Fintech Industry 282

TheGuardian

FEBRUARY 16, 2024

From its lavish launch parties to a 2019 accounting scandal, the UK challenger bank has been beset by controversy In early 2008, inside the Seashell fish and chip shop in Marylebone, west London, Anthony Thomson was about to make a deal. Hill gave Thomson his blessing, and ultimately, a chunk of his money, joining him as co-founder.

Metro 67

Metro US 67

TheGuardian

NOVEMBER 30, 2022

Largest banks would still be ringfenced, while smaller lenders might not need to follow rules Ministers are considering relaxing rules brought in to stabilise the banking system after the credit crunch, as part of government plans to deregulate the City of London and spark a post-Brexit second big bang for financial services.

Operations 98

Operations Regulation System 98

TheGuardian

JANUARY 15, 2023

Exclusive: Company denies creation of team to track overhaul is part of effort to secure UK banking licence Britain’s most valuable fintech company, Revolut, is assembling a team to track whether staff are being “approachable” and “respectful”, as it tries to address criticism about an aggressive corporate culture and secure a UK banking licence.

Fintech 100

Fintech Regulation Security Company 100

Chris Skinner

JUNE 24, 2018

ANNOUNCEMENT – LONDON, UK: JUNE 25 2018 Back in 2003, Andy Coppell and I conceived the idea for The Financial Services Club, with the objectives of: Promoting discussion among senior people working in Financial Services, who were interested in better understanding the likely future direction of the Market; Enabling networking … The post (..)

Marketing 231

Marketing 231

TheGuardian

JANUARY 19, 2023

Data shows UK banks losing well-paid staff, as Italy, France and Spain make up 70% of rise in EU top earners A record 1,957 bankers across Europe earned more than €1m (£878,000) last year, according to data that shows the scale at which some of the best-paid jobs in Britain have moved from London to the EU since Brexit.

Data 117

Data 117

TheGuardian

SEPTEMBER 10, 2023

Communications role follows year in which campaigners targeted bank over environmental stance Barclays has kicked off a search for a director to champion its climate efforts, after a bruising year in which the UK bank was targeted by campaigners over its environmental record.

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PYMNTS

SEPTEMBER 29, 2020

Plus, a London judge has reinstated Uber Technologies Inc.’s ALDI To Test Online Grocery Ordering At UK Stores. ALDI has also experimenting with providing digital ordering and pickup during COVID-19 for a limited selection of products via Deliveroo at some London locations. London Judge Reinstates Uber License.

Payments 189

Payments Regulation Capital Online 189

TheGuardian

MARCH 29, 2022

Paris, Frankfurt and Dublin are most successful in luring roles from UK, say consultants More than 7,000 finance jobs have moved from London to the EU as a result of Brexit, down 400 from the total anticipated in December, the consultants EY have said While the total is well down on the 12,500 job moves forecast by firms in 2016, when Britain voted (..)

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145

TheGuardian

FEBRUARY 25, 2022

Company can no longer trade in City after UK imposes sanctions against Russian firms and individuals Russia-Ukraine crisis: live news A subsidiary of Russia’s second-largest bank, VTB, has been suspended from trading on the London Stock Exchange after the UK’s imposition of sanctions over Vladimir Putin’s invasion of Ukraine.

Capital 73

Capital Groups Company 73

TheGuardian

JULY 28, 2023

He was an Italian businessman in London who was having terrible trouble receiving foreign payments because banks thought he was a money launderer,” the former Ukip leader said. It was a chap who just said ‘Nigel, I’m a remainer, but please, stand up for us’.

US 98

US Payments Groups 98

TheGuardian

FEBRUARY 1, 2024

The shadow chancellor, Rachel Reeves, says Labour would not reinstate a cap on bankers' bonuses, to ensure stability for businesses operating in the UK. Reeves said the former chancellor Kwasi Kwarteng's decision to lift the measure – introduced after the 2008 financial crisis – was the wrong priority, but she defended her party's U-turn.

Video 50

Video Operations 50

Chris Skinner

MARCH 5, 2019

Things we’re reading today include … More people to join ‘ultra-rich’ than finish London Marathon UK cash system ‘on the verge of collapse’, report finds Brexit won’t bother the City – but everyone else should worry | Nils Pratley Investors urge HSBC to close coal loophole in energy policy Suits and … The post Things worth reading: (..)

Policies 157

Policies System Report 157

Chris Skinner

JUNE 26, 2017

It was exactly 50 years ago today that the world’s first ATM was unveiled at a Barclays branch in Enfield, London. Today, more than half of UK adults use an ATM at least once a week. Barclays Bank unveiled its first cash machine in the UK in 1967. All did not go entirely to plan with the first ATMs.

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ATM Cards 332

Chris Skinner

MARCH 26, 2018

Things we’re reading today include … Credit card debt growth at 12-year high Europe’s costly financial shake-up may yet benefit a post-Brexit UK Billion euro cyber-suspect arrested in Spain Senior banker quits Queen’s lender Coutts after harassment complaints London should team up with Zurich in push for open European markets, … (..)

Cards 190

Cards Marketing 190

TheGuardian

FEBRUARY 22, 2022

The US initially responded with limited sanctions targeting investment and trade related to the Russia-controlled territories of Donetsk and Luhansk, while on Tuesday Boris Johnson announced what he called the “first barrage of UK economic sanctions against Russia”. Continue reading.

Groups 97

Groups US Policies 97

Chris Skinner

OCTOBER 11, 2018

percent, helped by higher interest rates Britain’s RBS pays first dividend in decade Goldman Sachs to open first UK office outside London as digital savings bank Marcus takes off Door opens for UBS to take majority ownership of China JV … The post Things worth reading: 12th October 2018 appeared first on Chris Skinner's blog.

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165

Chris Skinner

OCTOBER 9, 2018

Things we’re reading today include … Credit union in wealthy London borough collapses Emerging economies at risk amid ‘complacent’ markets, IMF says EU financial sector at risk as derivative deal stalls Convicted former UBS trader to be freed from UK immigration centre Global financial stability risks rising with trade tensions, (..)

Marketing 165

Marketing 165

Chris Skinner

FEBRUARY 15, 2016

Things we’re reading today include … HSBC will remain in London after board makes final decision on bank HQ UK banks vulnerable to global shock, economist warns Citi’s top bankers could avoid UK rules Stress and the City: Britain’s bank workers buckle under pressure German poll finds one in three firms would leave UK after … (..)

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TheGuardian

FEBRUARY 15, 2022

He had described the overseas ownership of “dirty money” in London as an obscenity. Lord Faulks said he had first tried to put the register into the criminal finances bill in 2017 and then again into a government bill on money laundering in 2018. Continue reading.

Policies 98

Policies 98

BankInovation

MARCH 17, 2023

LONDON — HSBC acquired Silicon Valley Bank UK earlier this week, but will those tech clients stay with HSBC or will they turn to neobanks? That was a question from Chris Skinner, chief executive of The Finanser, on Tuesday at the FinovateEurope event in London. HSBC got a very good deal in my opinion as […]

Retail 52

Retail 52

The Paypers

FEBRUARY 9, 2023

The Bank of London , UK’s sixth principal clearing bank, has extended its Series C funding round by USD 40 million to now reach USD 160 million.

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69

TheGuardian

AUGUST 9, 2023

Rolling coverage of the latest economic and financial news Risk of UK recession at next general election is 60%, says thinktank Chinese economy slips into deflation as recovery falters and demand slows Europe’s Stoxx 600 shares indes has risen to its highest level in a week, lifted by Italian banks after Rome said it would cap its new windfall tax.

Taxes 77

Taxes US Marketing 77

TheGuardian

APRIL 26, 2021

Witnesses will be asked to respond to claims the ’Ndrangheta has laundered billions of euros in City of London In a high-security, 1,000-capacity courtroom converted from a call centre, Italy’s largest mafia trial in three decades is under way in Lamezia Terme, Calabria.

Groups 102

Groups Security Company 102

Chris Skinner

JUNE 15, 2017

This week’s Economist: What history says about inequality and technology The EU wants to supervise London clearing-houses after Brexit The Treasury publishes proposals to cut red tape. Things we’re reading today include … Company directors targeted by identity fraudsters U.S.

Fraud 171

Fraud Management Technology Marketing 171

BankInovation

AUGUST 22, 2023

Barclays UK has announced the appointment of Lee Counselman as a managing director for technology investment banking. London-based Barclays has been investing heavily […] 14 news release.

Software 52

Software Management Technology Report 52

BankInovation

AUGUST 22, 2023

Barclays UK has announced the appointment of Lee Counselman as a managing director for technology investment banking. London-based Barclays has been investing heavily […] 14 news release.

Software 52

Software Technology Management Report 52

BankUnderground

FEBRUARY 11, 2021

Our case study of French banks operating in London – part of a broader international initiative – suggests prudential policies have a much bigger offsetting effect on French banks’ lending out of the UK’s financial centre than on their lending out of headquarters in France. The French vs UK banking systems.

Policies 102

Policies Lending Capital Case Study 102

Chris Skinner

DECEMBER 11, 2017

Things we’re reading today include … New economic crime agency to crack down on £90bn-a-year UK money laundering P2P currency exchanges continue cash revolution Brexit: City of London will lose 10,500 jobs on day one, says EY HSBC spared further US money laundering sanctions as it battles to clean up … The post Things worth reading: (..)

US 150

US 150

TheGuardian

JULY 18, 2022

Follow our dedicated UK heatwave live blog today for the latest: GSK’s consumer spin-off Haleon, home to brands from Sensodyne toothpaste to Panadol painkillers, has begun trading on the London Stock Exchange in the biggest European listing in a decade. Continue reading.

Security 93

Security US Branding Marketing 93

BankUnderground

JUNE 27, 2023

Average prices have already fallen by 1–2% in the UK and by more in the US. House prices respond more to interest rates in areas with more restrictive housing supply, like London and the South East of England. There is some evidence that prices in the UK are more responsive to rates than in other countries.

Regional 92

Regional Policies US Study 92