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BANKING NEWS TOP STORIES
- US banking sector: Stress test results compare favourably with crypto crashNewfangled lenders had effectively become banks
- Citi’s missing €10bn that wasn’tA Saudi prince, a Taliban financier, international spycraft and pallets of US dollars — it’s a story with everything. Except evidence.
- Lloyds reshuffles bankers as part of chief’s new strategyUK-focused lender attempts to diversify away from mortgages
- All-inclusive debt relief will store up trouble in central and eastern EuropeGovernments seeking popularity are adopting measures that hurt banks and unfairly benefit large property owners
- Banks warn of fraud ‘epidemic’ as losses soar from authorised push payment scamsFake investments and fraudsters impersonating the police cost victims the most, says UK Finance
- Fraud epidemic: antidote urgently requiredRecord levels of online fraud in the UK show a vastly different approach is needed
- Australian lender Volt collapses in blow to ‘neobank’ experimentLender has become the second in the country to fold after failing to raise capital
- DWS woes put spotlight on the limits of its independenceAsset manager is listed but German corporate structure allows parent Deutsche Bank to call the shots
- Report suggests bright future for central bank digital currenciesPlus, fintech’s easy money runs out and an interview with open banking fintech Yapily
- Credit Suisse ready for ‘good risk opportunities’, says new risk chiefSwiss bank moves away from cautious approach to pursue more profitable business
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