Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...The people I talk to in Asia are all asking, ‘OK, so can we now still trust Switzerland?’” Defeated by ice cream, I take a double espresso, and Collardi an Earl Grey tea....
...That’s not a connection you get walking into a bank branch (if in fact you can find one)....
...The key to scaling, said Naik, is being brandless and joining forces with companies on the ground in markets that have already established trust with local consumers and regulators....
...The plans included launching a business in the Philippines, where the bank has already started applying for a banking licence, and acquiring a payments company in Latin America....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Some UK real estate investment trusts have lost 40% of their value since the start of the month....
...Maybe our companies are not suited for public ownership.” Oaktree was borne out of another Los Angeles bond powerhouse, Trust Company of the West....
...“Trust is 50 per cent of business. If you have trust, you invest.” An additional challenge is the lack of workers with the required skills, particularly in digital sectors....
...I wrote a piece invoking a breakdown in trust between banks and described the atmosphere as “panic”, but did not mention the bank branch....
...US computer company began trialling its version of the technology with a small number of companies late last year....
...The manoeuvre suggests a lack of trust in Italian ownership and defies the notion of open investment in Europe....
...., Goldman Sachs Group Inc., J.P. Morgan Chase & Co. and Morgan Stanley to lead the IPO.”...
...On one of the busiest corners of London opposite Holborn station sits Metro Bank’s first branch, emblazoned with its trademark bright red and blue signs....
...Stephen Ley, financial services partner and payments specialist at Deloitte, says that mobile banking apps have already overtaken branch and online interactions with customers, even if much activity is just...
...And just one more, from the same filing: During 2006, Bancorp utilized Interstate Commercial Real Estate, Inc....
...As a consequence, consumer trust in the sector plunged....
...Bidders through to a second stage of more detailed discussions include Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Holdings, and Shinsei Bank....
...It is easy to lose investors’ trust but it takes a long time to regain it....
...The Bank of Mum and Dad has therefore a) bought its overgrown kid somewhere to live, in the form of a listing and b) handed him a trust fund to live on....
...of every 10 banking transactions in South Korea take place outside a branch....
...(Reuters) Brazil has promised to cut $18.5bn in public spending, as a former star of emerging markets struggles to win back investors’ trust....
...“We will always be looking for ways to help ‘China Inc’ because your passport in business runs out if you stop doing that.”...
...Visa Inc is bringing cashless banking to Rwanda as it begins, a little belatedly, to target Africa’s largely unbanked emerging markets....
...By Lisa Pollack and Kate Mackenzie Related links: Apples v apples – a new way to measure risk – FT Citi chief urges risk disclosure shake-up - FT...
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