Alt Lending week ended 19th November 2021

Brussels attempts to force Euro clearing services away from London may send everything to New York. While this is not strictly anything to do with lending it is certainly relevant to the fact that political interferences since Brexit have refused to go away.  The clearing of financial transactions including some hideously complex financial derivatives has […]

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Alt Lending week ended 22nd October

    Klarna founder Sebastian Siemiatowski gives us his view on the world Interesting piece of philosophy in nothing else. Klarna the worldwide phenomenon of the Buy Now Pay Later (BNPL) product puts down his success to the “dirty tricks” played by banks. He also acknowledges that he wants Klarna to become a de facto […]

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American JP Morgan cat lands among the UK digital bank pigeons and Big Five high street bank cats

Our London banker techno entrepreneur, Howard Tolman, is on holiday today so I am covering for him with a story he suggested. Our 2017 post looked at the chances of  Challenger Banks breaking  the massive bank concentration in the UK. The UK has one of the most concentrated/ consolidated banking markets in the world with the top 5 […]

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Alt Lending Week ended 17 September 2021

Johnson’s tax hikes makes raising rates difficult. A warning from the Bank of England that Johnson’s manifesto busting hikes in interest rates is significant enough to effect monetary policy. Well you can’t say he hasn’t been warned but he doesn’t seem interested in taking advice. Seriously though what are personal credit markets supposed to do […]

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