Blockchain for Finance: An incremental revolution

The atmosphere at the Blockchain for Finance Conference on Monday was a positive buzz of excitement and apprehension, as forward looking financiers turned to...

Half of millenials don’t trust traditional banks

50% of 18-24 year-olds wouldn’t trust the traditional banking system with transactions, according to new research. The report entitled "Are Banks Losing the Innovation Game?" by financial...
HSBC

HSBC cuts one in five senior jobs in investment bank

HSBC has begun cutting senior posts in its investment banking division in a move that could lead to dozens of layovers worldwide, according to...
London

Not just banks likely to lose ‘passporting’ rights

A study from market insight firm Mlex indicates that being deprived of of so-called ‘financial passporting’ rights once the UK exits from the EU...
Banca Monte dei Paschi di Siena

World’s oldest bank is cutting 2,600 jobs

  Banca Monte dei Paschi di Siena, the Italian lender, will slash 2,600 jobs as part of accelerated plan to rearrange the bank structure. This Tuesday, the Italy's...

Financial exclusion and illiteracy a huge social and economic cost for Britain

Combination of Brexit, historically low interest rates, introduction of Universal Credit and changes to student grants are creating a time bomb that could see even more Britons become...
Nigel Green

Wealthy investors to reduce UK exposure following Brexit vote

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It...

Mobile banking users to reach 2 billion by 2020

The new research from leading Fintech analysts Juniper Research finds that over 2 billions mobile users will have used their devices for banking purposes...

GDP numbers out win Brexit and exceed expectations

According to a recent preliminary GDP release from the Office for National Statistics, Britain's economy grew more quickly than expected in the third quarter...

St James’s Place experiences rush from savers

Brexit stroke hard but ordinary savers were not affected and following the vote invested even more money into wealth firm St James’s Place. A steep...

The City watchdog is concerned over the wrong usage of algos

FCA CEO Andrew Bailey said: "It's very important to focus on how algos are used. It's one thing having a badly programmed algo. I...

Planet of Finance launches social network for investors

Headquartered in the Principality of Monaco, Planet of Finance is a social network that is making a name for itself. With over 22,000 members...

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