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FCA staff revolt over Rathi's transformation programme

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FCA staff revolt over Rathi's transformation programme

The Financial Conduct Authority is facing a workface revolt, with staff resorting to unionisation amid anger over proposed pay cuts and chief executive Nikhil Rathi’s transformation plans.

SocGen to cut 3700 jobs in merger with Credit du Nord

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SocGen to cut 3700 jobs in merger with Credit du Nord

Societe Generale is to create a new French retail bank through a merger with its unit Credit du Nord, leading to 3700 job losses between 2023 and 2025.

Copper hires former chancellor Hammond as special advisor

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Copper hires former chancellor Hammond as special advisor

Former UK chancellor Philip Hammond has joined digital asset custody and trading infrastrucutre vendor Copper as a special advisor.

Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

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Metro Bank and Atom Bank founder Anthony Thomson moves into BNPL arena

Anthony Thomson, the founder of Metro Bank, Atom Bank and Australia's first neobank 86 400, is stepping into the buy now, pay later (BNPL) space as the new chair of Zip UK.

Crosswell promises to learn from past mistakes at the OBIE

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Crosswell promises to learn from past mistakes at the OBIE

Charlotte Crosswell, the new chair of the UK's Open Banking Implementation Entity, has pledged to "learn from past mistakes" as she takes over from former incumbent Imran Gulamhuseinwala, who quit his post last week after an independent investigation found that leadership failures at the OBIE "allowed a culture of bullying and intimidation".

Till Payments raises $80m for global expansion

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Till Payments raises $80m for global expansion

Australia's Till Payments has raised US$80 million to fuel international expansion, beginning with North America.

Sweden's Minna opens London hub

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Sweden's Minna opens London hub

Swedish subscription management app Minna Technologies is boosting its commitment to the UK, hiring staff and opening a London hub.

Over 100,000 banking jobs to disappear in next five years - Wells Fargo

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Over 100,000 banking jobs to disappear in next five years - Wells Fargo

Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years.

OBIE chief resigns following bullying investigation

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OBIE chief resigns following bullying investigation

The chair of the UK's Open Banking Implementation Entity has quit after an independent investigation found that leadership failures at the OBIE "allowed a culture of bullying and intimidation".

Wise CEO Käärmann may face FCA action over tax default

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Wise CEO Käärmann may face FCA action over tax default

Wise co-founder and CEO Kristo Käärmann has been fined over £350,000 by Her Majesty's Revenue and Customs (HMRC) for deliberately defaulting on his tax bill. He could now face sanctions from the FCA over the matter.

HSBC poaches Google's Narain to lead platforms, global commercial banking

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HSBC poaches Google's Narain to lead platforms, global commercial banking

HSBC has hired Google's Aman Narain as head of platforms for global banking, responsible for helping the bank's clients embed its solutions into their digital platforms.

Fiserv to create 2000 new jobs at New Jersey campus

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Fiserv to create 2000 new jobs at New Jersey campus

Banking technology vendor Fiserv is to move to a new campus in New Jersey, addding approximately 2000 new jobs to its existing presence.

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