June 10, 2024
Monzo Bank’s profitability masks risks of “narrow” banking
Monzo must lend more rather than bet the house on the BoE
Highlights
Technology can help stop greenwashing, says EU regulator
ESMA urges swift adoption of proposed revisions to EU sustainable finance regs
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June 6, 2024
Online fraud most ‘common financial crime since Covid’
Global survey from LSEG also reveals rise of ‘silver fraudsters’
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June 6, 2024
EU increases deposit guarantees while US uninsured deposits soar
Concerns over uninsured deposits weigh on both banks and watchdogs
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Smooth transition to T+1 despite teething problems
However, 'people-heavy' approach to managing T+1 deemed not sustainable
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June 5, 2024
Russian sanctions drive up UK banks’ workload 400%
Parliamentary hearing reveals challenges banks face complying with UK’s Russian sanctions regime
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How new capital rules could affect the UK’s mid-tier banks and the economy
Basel 3.1 stands to have an adverse impact on UK SMEs
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A deep dive into Citi’s £62mn ‘fat finger’ fine
A minute-by-minute breakdown of one trader’s $1.4bn snafu and regulators’ response
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