Group Finance News Articles
Started by JoelDalais on 21.12.2015 Motto: Banking or related news articlesDiscussion
MPs to probe UK bank capital rules after high level spat
From JoelDalais on 17.04.2016 um 19:14 Uhr"MPs are to launch an inquiry into the robustness of UK bank capital rules following a rare spat between one of the chief architects of post-crisis reforms and the Bank of England." ~ https://next.ft.com/content/9066e072-032a-11e6-99cb-83242733f755
Misconduct 'has cost UK's banks £53bn over 15 years'
From JoelDalais on 17.04.2016 um 17:02 Uhr"Persistent misconduct and an aggressive sales culture has cost the UK’s banks and building societies £53bn in fines, compensation and legal fees over the past 15 years." ~ http://www.theguardian.com/money/2016/apr/11/misconduct-has-cost-uks-banks-53bn-over-15-years-ppi
Revealed: The 20 best countries in the world to do business
From JoelDalais on 16.04.2016 um 17:58 Uhr"Forbes compiled this list by assessing 146 nations across 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Here are the 20 best countries to do business." http://www.telegraph.co.uk/finance/globalbusiness/12051361/Revealed-The-20-best-countries-in-the-world-to-do-business.html?frame=3527522
Cameron releases tax records to calm Panama Papers storm
From JoelDalais on 10.04.2016 um 14:54 Uhr"Prime Minister David Cameron took the unusual step on Sunday of publishing his tax records to try to end days of questions about his personal wealth caused by the mention of his late father's offshore fund in the Panama Papers." ~ http://uk.reuters.com/article/uk-panama-tax-britain-idUKKCN0X60WJ
UK Banks Handed Panama Papers Deadline
From JoelDalais on 09.04.2016 um 18:06 Uhr"UK Banks Handed Panama Papers Deadline" ~ http://news.sky.com/story/1674403/uk-banks-handed-panama-papers-deadline
Credit scores "not fit for purpose"
From JoelDalais on 29.03.2016 um 19:35 Uhr"In March’s issue of Credit Today, Guibaud argues one-off incidents such as taking out one payday loan or accidentally missing a credit card repayment date can ruin the credit score of an individual." ~ http://www.credittoday.co.uk/article/18211/industry-news/credit-scores-not-fit-for-purpose
Great article by Sophie (http://www.credittoday.co.uk/article/18211/industry-news/credit-scores-not-fit-for-purpose) Thanks Jœl
The small bank failures of the early 1990s: another story of boom and bust - Quarterly Bulletin 2016 Q1
From JoelDalais on 23.03.2016 um 12:02 Uhr"Prior to the recent global financial crisis, the Bank of England last provided emergency liquidity assistance to banks in the early 1990s." ~ http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/2016/q1/a5.aspx
One thing that seems apparent is that the time/years between the boom-bust cycle is getting shorter each time.. I can't find any relevant charts though..
Stefan Weiss on the power of bank APIs
From JoelDalais on 22.03.2016 um 19:08 Uhr"That’s a valid point because most of the banks don’t think about creating a platform for startups for future use; it is about complying with regulations, at the end of the day." ~ http://banknxt.com/54537/stefan-weiss-apis/
What I am very curious about (and want to run some competitions on in the future) is how interested parties (or individuals) might use their ingenuity to design platforms/apps to make use of our API to boost (or create) their own business, or personal work.
with fintech banks, insurance firms, shops and taxi companies etc developing APIs I can see new start up banks being easily able to add to their product range by linking to others' APIs under a white label agreement
Central banks are already doing the unthinkable - you just don't know it
From JoelDalais on 20.03.2016 um 13:59 Uhr"Institutions which dragged the world from its worst depression since the early 20th century are finally seeing their magic desert them, if conventional wisdom is to be believed." ~ http://www.telegraph.co.uk/business/2016/03/17/central-banks-are-already-doing-the-unthinkable---you-just-dont/
Thank God our schools have finally been liberated by our national free spirit George Osborne
From JoelDalais on 20.03.2016 um 12:59 Uhr"Once a school becomes an academy, it’s free to run as it pleases, setting rates of pay, employing non-qualified teachers or – as some academies have proposed – inviting businesses such as Apple to set up a store inside the school." ~ http://www.independent.co.uk/voices/thank-god-our-schools-have-finally-been-set-free-by-our-national-free-spirit-george-osborne-a6937016.html
Thanks for a interesting article
Belgium would be interesting.