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Simon Fasdal
The crisis in Greece, which threatens its membership of the euro, has reached a critical point. That’s at least the conclusion in the bond markets, says Saxo Bank’s Simon Fasdal. The main cause of concern is that Greece will run out of cash in just a few weeks.
Editor’s Picks 09 May 2014 at 11:11 GMT

Do big banks have a future in the face of technological revolution?

The Telegraph
The newly-announced jobs cuts at Britain's Barclays Bank should not be seen purely in terms of a mega-bank getting out of "nasty" investment banking. There is a bigger change getting underway, and not all the job losses are in investment banking. As Lionel Barber, editor of the FT, tweeted this morning, the real story on Barclays is the way that technology is eating up jobs in retail banking. In twenty years time, big banks as currently configured, employing vast numbers of people, may not exist at all, or on anything like the scale they do now, writes Iain Martin.
Read full article at The Telegraph
13 May
Raymondscott Raymondscott
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