Brexit damaging for the fintech sector
While financial and political analysts continue to wrack their brains on what could happen to the UKs big banks following…
ByMonth: June 2016
What Brussels really thinks about Brexit
Brussels is in shock and emotional- losing patience with the UK and not prepared to stand back and have European…
ByGove doesnt strike me as someone who understands financial services
Post-referendum, everyone is attempting to predict who will lead negotiations with the EU. One of the frontrunners is Conservative MP…
ByRBS warns staff of economic uncertainties after Brexit
The CEO of Royal Bank of Scotland (RBS) Ross McEwan has warned the group's staff that UK's decision to exit…
Online lender LendingClub to shed 179 jobs
Troubled peer-to-peer (P2P) lender LendingClub has decided to shed 179 jobs following an accounting scandal that led to the departure…
Wirecard to acquire Citi Prepaid Card Services to enter North American market
Wirecard, a German financial services and technology company, has agreed to acquire Citi Prepaid Card Services, as part of its…
Bank of the Ozarks secures regulatory nod for two acquisitions
Bank of the Ozarks has received the final regulatory approval from the Federal Reserve to acquire Community & Southern Holdings…
Lloyds to axe 640 jobs and close 23 branches
Lloyds Banking Group is set to slash 640 jobs and shut down 23 branches as part of an aggressive cost-cutting…