Time is Money: Contactless payments to save UK shoppers almost £1bn worth of time by...

The continued surge of ‘touch and go’ payments is set to save UK shoppers 141 million hours, worth almost a billion pounds in time, by 2021* according to a new study from Barclaycard. Ahead of the tenth anniversary of contactless payments next month, Barclaycard’s data predicts that the number of contactless transactions will increase by […]
JP Morgan

O’Grady to run a new credit team at JP Morgan

LONDON, August 16 (IFR) – JP Morgan has built a credit product development team, which will be subordinated to Ryan O'Grady, presently co-runner of...

Brace, brace: Geneva banks get ready for harsh 2017

A great damage has been inflicted upon the Swiss competitive spirit by the strong franc, but Yves Mirabaud, president of the Geneva Financial Center,...

JP Morgan swears to use renewable energy

JPMorgan Chase & Co. unveiled a two-pronged sustainability plan Friday to lower emissions and support renewable energy. The Wall Street bank said it will power...

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...

Old Mutual expects the costs of closing London base to reach £65m

The group stated it will incur a loss of between £50m and £65m for shutting down its head office and cutting off operations in...

At least 15 finance companies expanding in Ireland following Brexit

15 global financial institutions have announced their intentions to set up or expand their operations in Ireland since January, IDA Ireland has today confirmed...
Barclays Bank

The Mighty 100: Barclays on hiring spree for private banking push

Barclays is to hire 100 staff for its private banking arm in a bid to to add more wealthy clients to its books. According to Reuters, the...
Holly MacKay

Holly Mackay: What does the Bank of England interest rate cut mean for you?

Today the Bank of England has decided to take on the role of a supportive friend following Brexit with a 0.25% rate cut and...
Theresa May May is forced to pull the Brexit trigger

Britain as the most unfavoured region for investments

Institutional equity investors are taking their cash out of the UK at the speed of light as they now consider Britain to be "most...
1 Lombard street

Intellectual Property for Banking and FinTech

Banks and financial services companies have built their fortunes from innovation. In a world of thin margins and tighter regulations, innovation is the key...

Deutsche Bank mulls float of asset management arm

Deutsche Bank is not yet ready to make any drastic decisions and any deal is very unlikely to happen sooner than the first half...

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