Michael Field, European Equity Strategist, Morningstar, said this about today’s Autumn Statement from the UK Government: “Austere budgets are nothing new from this government, the difference being this time around, is there have been significant allowances made for the least-well off in society, with committed amounts to the NHS, social services, and schools all raised … Read more
Charles White Thomson, CEO at Saxo Markets UK (a subsidiary of leading fintech specialist Saxo Bank) comes off the fence about nanny finance.
A financial services industry luminary writing in the venerable Financial Times has just declared that fintechs make people’s lives too complicated. And that a “proliferation of products” creates confusion, not clarity. Banks and fintechs stand accused of creating a “…bewildering array of financial products.” With all due respect, what rubbish! I can see his point, … Read more
Morningstar has published its latest Europe Equity Market Outlook: Fourth-Quarter 2022, showing data and analysis European equity markets for the fourth quarter of 2022. Here’s the main bit: Investor confidence has fallen to lows not seen since the very beginning of the coronavirus pandemic. This is, of course, unsurprising given the array of risks out there: high … Read more
Neil Martin wonders if you’d like a bit of an A380 – the super ‘jumbo’ of Toulouse. This week you have the chance to buy a bit of an Airbus A380, the famous and mostly French-built leviathan which was designed to take on the famous Boeing 747. The wide-body, two deck A380 was conceived in … Read more
In fintech there is a nirvana known as a ‘cashless society’. Countries given almost mythical status by the lack of transactions involving the press of bank notes in hand or counting up of coins. In Europe the Nordics take the lead of being the least cash dependent, with only 3 -4% of financial transactions taking … Read more
China and fintech have become synonymous with one another as the industry has grown in the country and in Asia more widely. Many use Chinese technology that has been around for years as a case study for embedded and integrated banking into everyday life. COVID-19 has only accelerated that. But there are holes in fintech’s … Read more
By Rupert Thompson, Investment Strategist at Kingswood Equity markets saw further modest gains last week, continuing the recovery underway since mid-June. Global equities are now up some 10% from their low in local currency terms and 11% in sterling terms. The rally has been led by US equities. They have benefited from the recovery in … Read more
We can definitely be accused of using the word ‘revolution’ a little too quickly in fintech. But India really is going through something of a real fintech revolution. Estimates show that digital transactions will make up 65% of the country’s total transactions by 2026, climbing from 40% today. Almost 78% of the country’s population has … Read more
Sam Buckingham, Investment Analyst at Kingswood, commented on Monday 25 July: “Equity markets rebounded last week in what was a strong week for all major markets. Global equities ended the week up 2.7% in local currency terms and 1.6% in sterling terms. Markets have opened flat this morning. The US Treasury 10-year yield continued its … Read more
As US inflation contiues to ride the up esculator, Dan Boardman-Weston, CEO and Chief Investment Officer at BRI Wealth Management, commented: “US inflation came in at 9.1% in June, compared to forecasts of 8.8% and core inflation crept ahead of expectations as well. Inflation is running at the highest level in 40 years due to … Read more
So how does a businessman, not a banker, start a successful fintech providing SMEs in Asia with vital banking services? finConent Editor Neil Martin has a quick chat with lawyer and entrepreneur Bertrand Théaud, Founder and Director of Hong Kong based Statrys, and asks, so how did he do it then? Spend a few minutes … Read more
