Breaking News

Is Revolut leading a FinTech revolution … or destroying it?
The Financial Services Club Blog
We are regularly being bombarded with unicorn news. Some rise and some fail. We hear about toxic corporate cultures and ousted CEOs on some occasions, with WeWork being the latest to get caught in the pre-IPO crossfire. In case you’re not aware, their CEO and founder has gone and now …

The Fed has lightened the load on America’s banks
But it’s only a regulatory recalibration, not a Trumpian trashing

A Nobel economics prize goes to pioneers in understanding poverty
Using randomised trials helps policymakers grasp which policies work and which don’t

Third of biggest banks fail to sign up to climate initiative
Task Force on Climate-related Financial Disclosures encourages companies to put a cost on risks from global warming

Bank of England boss says global finance is funding 4C temperature rise
Mark Carney says capital markets are financing projects likely to fuel a catastrophic rise in global heating The governor of the Bank of England has warned that the global financial system is backing carbon-producing projects that will raise the temperature of the planet by over 4C – more than double

JPMorgan earnings leave Goldman in the shade
Jamie Dimon’s bank rides record investment banking fees to stand out from Wall Street pack

Neil Woodford's flagship fund to be shut down
The closure of the frozen fund is seen as a major humiliation for the UK's best-known stockpicker.

IMF warns world growth slowest since financial crisis
The International Monetary Fund warns against "policy mistakes" such as tariffs and a no-deal Brexit.