During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
Populism Comes to Wall Street from Bloomberg – Interesting piece on YieldStreet and how they are growing their business. They have unique offerings but like any investment with double digit returns they are not without risk.
McKinsey calls global banking revenues ‘anaemic’ from Financial News – Report out from McKinsey this week on global banking and they don’t paint a pretty picture. Growth is anemic and return on equity is half what is was before the financial crisis.
Run the bank or change the bank from Chris Skinner’s Blog – Chris Skinner says “banks are pivoting from being branch-based structures to digital structures” are laying off employees and teaching new hires how to code.
Lending Awards winners revealed from Credit Strategy – In London the inaugural Lending Awards 2018, sponsored by Experian, have been revealed with iwoca being the big winner.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.