Alternative lending is now a trillion dollar industry
A flurry of investment in lending to tech startups and a handful of mammoth IPOs have taken the value of the alternative lending sector up to $1 trillion.
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Deferred litigation costs boost Deutsche Bank results
Germany’s biggest bank has deferred significant legal costs into 2015, unexpectedly boosting fourth quarter 2014 results.
Merry Christmas – we’re back in January!
Treasury Insider will be back in full swing on Monday 5th January, but for the next two weeks we’re turning our attention to mince pies and honing our Christmas wish lists. We hope you’ve had a fantastic year and we look forward to catching up in 2015!
Watch out for Christmas Grinches with their hands in the till, warns KPMG
The Grinch might have stolen Christmas, but it’s unscrupulous employees stealing at Christmas that corporates need to watch out for.
UK businesses should “just get on with it” and pay the living wage, says Archbishop
The Archbishop of York, John Sentamu, has called for businesses that can afford it to stop dragging their heels and start paying the Living Wage.
“Big four” UK banks to face competition enquiry
The market for current accounts and small business banking is set to be shaken by a Competition and Markets Authority probe investigating a lack of competition against the "big four" high street names.
No partying after midnight for “Cinderella” city workers
London investment banks striving to clean up their public image are imposing new rules on bankers to curb late night client entertaining and knocking back shots, according to a city law firm.
Power cuts in Auckland costing city millions, says Paymark
Devastating power cuts in New Zealand’s biggest city have closed all major banks and ATMs and may have reduced spending by as much as NZ $4.3m, according to the electronic payment processor Paymark.
Peter Massion takes over Deutsche Bank’s Japanese Global Transaction Banking arm
Deutsche Bank has announced that Standard Chartered’s Peter Massion has accepted a joint role as Head of Global Transaction Banking and Head of Trade Finance and Cash Management Corporates in Japan.
Santander-commissioned bitcoin study seeking experts
Banking giant Santander has allocated “insight network” Yegii a $5000 budget to explore the impact that crytocurrencies will have on banks, it has been revealed.
