Large Canadian banks are likely not at risk of bank failures, but history suggests smaller, more niche financial service firms could be.
Although Paris’s capitalisation overtook London’s in late 2022, the City of London is still Europe’s leading financial centre. Understanding why will require that we look beyond stock indices.
Better financial support is vital for growing populations.
Not only are physical banks out of reach, people also face barriers to using digital financial services.
Taxing electronic payments is key to raising revenue form the informal sector
Banks that do not have chatbots should explore the options of integrating them into their operations.
Countries have adopted a wide array of measures involving a proliferation of fraud agencies.
Banks can deploy artificial intelligence to create an understanding of current and prospective consumers and develop products that meet their needs.
COVID has now claimed over 200,000 lives on the subcontinent, and the knock-on effects are likely to be substantial.
Once the pandemic is over, London’s gravitational pull is likely to come back into play.
The question now is, how to turn a crisis into an opportunity.
The UK’s financial services sector has been planning for a considerably reduced market access.
More financial services should target low-income households in South Africa.
Progress on gender pay issues in finance especially has been too slow, fragmented and uneven.
Some banks are moving their operations out of London. Others are moving in to serve British clients they might not be able to reach from the EU.
Banks have viewed their codes of conduct as non-binding statements of comfort. They need to enforce them under pain of legal penalty.
Clare O'Neil on Labor’s listening tour for banking victims.
Shadow minister for financial services Clare O'Neil says the ALP exercise will give a voice to people in areas the Royal Commission hasn't had time to visit.
Ioannis Glinavos, University of Westminster; Alan Shipman, The Open University; Andrew Gunn, University of Leeds; Feargal Cochrane, University of Kent; Helen Carasso, University of Oxford; Philip Crilly, Kingston University, and Stephen Roper, Warwick Business School, University of Warwick
From trade to medicines, the UK government’s ‘just in case’ planning is revealing.
The financial services industry is in need of a new paradigm to rediscover what finance is for – to improve the financial and economic well-being of society.
With enough will and resourcing, many of the structural issues that make financial services a trial for many Indigenous consumers can be overcome. But we need more regulation to deter sharp practice.