Hints and tips:
...“They make really good aeroplanes,” says Bank of America’s Epstein....
...Some asylum seekers are staying in a squat on Brussels’ Rue de la Loi, just next to the headquarters of De Moor’s party, CD&V....
...Usage of reverse repo could actually come down this year, if banks begin offering higher interest rates on savings accounts....
...For the average nurse, it is a saving of over £520 and for the typical police officer it is a saving of over £630 every single year....
...Credit Suisse, lots of drama there, as well as other bank stocks around the world. Ethan Wu Yeah....
...And for some sanction-hit groups, mobilisation has also been an opportunity to make savings....
...The world of payments may be dull from the outside — but it is immensely lucrative....
...Our partnership with HMRC is the single biggest use case of open banking anywhere in the world....
...Most of the extra savings went into gold. At end of 2013, the precious metal amounted to 8.3 per cent of Russia’s FX reserves; by the end of last year it stood at 21.5 per cent....
...The new Russians — mostly digital nomads, young families, twentysomethings with savings — became a noticeable contingent of public life. Tbilisi suddenly felt fuller....
...“The housing voucher programme gets no cash support from the central bank....
...Hello readers, on a very hot day around the world. Also feeling the heat are traditional financial firms, with US banks already posting results and UK firms due to hit in the next week or so....
...It also became the principal bank for Russians to stash away retirement savings....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...It could effectively affect, you know, everybody’s pensions, everybody’s savings. It could affect the stability of the system as a whole....
...A lot of people who are dissidents or journalists are really in a tough spot because they don’t have savings. They don’t have access to their savings in Russia and life is really, really difficult....
...You can think of it as a distribution channel, which is very different from the way banks are tackling the world....
...Email us at imani.moise@ft.com and sid.v@ft.com....
...Along with the expected withdrawal of central bank support, this raises questions about the longevity of global economic recovery beyond the initial V-shaped bounce from the early lockdowns....
...As always you can reach me at sid.v@ft.com. Thanks for reading....
...It’s not a consumer bank. It’s not a business bank....
...“It’s definitely not a pleasant place to operate at this red-hot moment in time,” said Deborah Cunningham, chief investment officer of global liquidity markets at Federated Hermes, one of the world’s largest...
...Rio Tinto has appointed Peter Cunningham as its finance chief....
International Edition