Yuh Leads Swiss Neobanks, Yet Only 1% Primary Users
Swiss Neobanks: Yuh Overtakes Almost Everyone Yuh reaches 400K customers (4.5 yrs post-launch), overtakes Neon (250K, launched 2019). 100% owned by Swissquote. Revolut unclear; counts all who completed KYC (1M+ claimed), but actual active users likely much lower per Swiss Payment Monitor Swiss neobank users now exceed 1M total. But only 1% of Swiss population uses neobank as "primary bank" (vs 6% in UK by 2025). IFZ projects 5% within 5 years plausible. https://t.co/X7WNRxLjS6
Early Withdrawal Taxed on Interest You Never Received
A real gotcha: Someone withdrew money early from a NatWest fixed-term savings account. NatWest applied an early closure charge of 90 days interest. So they didn't receive 90 days-worth of interest. But they were still taxed on it! Whose fault? And...
Digital Euro Promises More Privacy Than Bitcoin
Who are the euro crypto bros? https://t.co/9SPxAXZwvO Drug dealers will find the digital euro "significantly better privacy than bitcoin, as there is no permanent blockchain to explore; arguably it’s even slightly better than cash as the digital tokens can’t be tested...
Private Credit Thrives as Banks Retreat, Requires Expert Underwriting
Private credit is stepping up as banks pull back. Higher rates mean attractive yields for lenders, but expert underwriting is key to navigating risks. A strong vintage period for selective investors. PrivateCredit
China’s Loan‑driven Industrial Policy Breeds Debt, Few Champions
Most of China's industrial policy is in the form of bank loans, not subsidies. Yes, you can lend to 100 companies, and 2 survive, and then you have 2 national champions. But you also have a mountain of bad debt on...
Banking's Future: Digital and Physical Must Coexist
The future of banking is not digital or physical. It is both working together. In this episode, I break down insights from the latest Digital Banking Report on why branches still matter. Watch the full episode now: https://t.co/Lg9jRpKff4 https://t.co/y04HeW940x
California Homeowners Still Locked Into Sub‑4% Mortgages
Everyone keeps talking about lock-in going away, saying the share of mortgage rates above 6% now exceeds those below 3%. Maybe in Alabama. In California, most still can't/won't move as evidenced by 34% of homeowners holding a rate between 3-3.99%...
One Belt One Road Lending Surges in 2025
Reports of the end of China’s One Belt One Road lending were very premature - 2025 was a record year for new commitments. More on this in the Chartbook Top Links today. https://t.co/KIBnk4491s
Bank of America Shines in Higher‑for‑longer Rate Environment
Thinking of playing higher-for-longer rates? Analysis says Bank of America ($BAC) could be a top pick due to its unique sensitivity. Strong deposit base & digital edge are key. Investing
Banks Beat Estimates; Future Guidance Holds Key Insight
$JPM beat by 9%. $GS, $BAC, $WFC all reporting this week. Banks are crushing estimates — but forward guidance is measured. In earnings season, what management says about the future matters more than what happened last quarter. https://t.co/d5vbf1nEBF
Scammers Use Telegram Tools to Defeat Bank Facial Recognition
Scammers are buying tools advertised on Telegram that trick banks' facial recognition checks. The stakes are enormous with crypto scams tallying an estimated $17 billion in 2025 alone. Banks and regulators are struggling to keep up.
Bank Credit Growth Spikes to 16%, Driven by HDFC Merger
Credit growth of banks at 16%. This is a big jump, only higher in 2023 because of the HDFC merger. https://t.co/ODgLcwfXYr
BofA Holds $20B Private Credit, High Advance Rates
JUST IN: Bank of America reports $20 billion private credit exposure, featuring 70-75% advance rates on private credit and BSL, plus under $2 billion lent to BDCs where 54% isn't redeemable, a 1.5x minimum asset coverage, and a 4-year average...
Mike Mayo Predicts Citi's Restructuring Will Boost Stock
JUST IN: Mike Mayo holds Citi as his top stock pick, expecting its restructuring to lift the share price.
Revolut's GlobalHire Lets Businesses Hire Anywhere Instantly
pretty sick move - I am more inclined to bank with them for business. so forward thinking
Unlock Malaysia Banking Secrets & RM1M Blueprint
Join us on 9 May for an exclusive investing deep-dive, in collab with Shinji Ong of The Futurizts @thefuturizts What’s on the Agenda: •Malaysia Banking sector: Mastering fundamentals, key metrics, & reliable passive income strategies—by me, Azha •The RM1 mil Blueprint: Shinji’s personal...
Greek Government Reappoints Stournaras as Central Bank Head
Greek government to reappoint Stournaras as central bank chief (and ECB Governing Council member) https://t.co/KeVphZWurT via @NikasSotiris https://t.co/xAAOWvVCBE
Capital One Venture Business Offers Up to 150K Miles
New Capital One Venture Business With Up To 150K Miles: 8 Reasons To Apply https://t.co/2rPeKpdBTk
Bank of America Beats Estimates, ROTCE Hits 16%
$BAC: strong results with beats in EPS/TR. NII +9%, NIM +8bps, IB +18%, WM +11%. Provisions for credit losses fell 9% and loans grew 9% -- consistent with H.8 data. ROTCE 16% - a nice 150...
Who’s Liable when Banking Bots Act Autonomously?
Agentic Banking: Permissioned Autonomy vs. Regulatory Requirements Meow's model: humans set rules (spending limits, vendor whitelist, transaction thresholds), agents execute within guardrails (transfers, card issuance, invoice processing). Autonomy scope: 24/7 transaction data access, real-time vendor payments, card issuance without per-transaction approval....
Former Alabama Recruit Faces $20M Loan Fraud Charges
Feds have charged one of Nick Saban’s earliest Alabama recruits with a $20 mil bank loan scam in which he misappropriated NFL players identities. My story in the Guardian https://t.co/bufbWXgTr8
Bank Branches Aren’t Dying—Most Won’t Survive
[New Episode] Bank Branches Aren’t Dying — But Most Won’t Survive. Watch the latest episode now: https://t.co/Lg9jRpKff4 https://t.co/BFrHaiRtC1
Prosecutors Storm Fed Renovation Site, Get Turned Away
NEW: Prosecutors from U.S. Attorney Jeanine Pirro’s office showed up unannounced Tuesday at the construction site for the Federal Reserve’s headquarters renovation, a new provocation in their investigation of the central bank. They were turned away. https://t.co/PzlKEBrlpn
Amex Unveils ACE Kit, Letting Agents Pay Directly
Amex just enabled agents to pay on their network. Thy launched the Agentic Commerce Experiences (ACE) developer kit. And this is SUPER different to the other payments networks in a lot of ways. Why? https://t.co/MGvhQapsUO
Levered Lending Cycles Always End the Same, Just Bigger
The FT pointing out what should be obvious: every levered lending cycle ends roughly the same way. New financing innovation, rapid growth, retail participation expands, crisis, etc Each cycle is bigger. Each wave of retail participation arrives later
Debit Cards Deserve Higher Rewards, Not Just 3%
Unpopular opinion, your debit card might be a scam 😉 3% back on everything should be standard. 15% on food & rides shouldn’t sound crazy. At least @ether_fi is fixing it. Are people actually okay with what banks offer right now? 👇 https://t.co/pVQy3N5r0n https://t.co/HUsPZNSvBO
Private Credit Defaults to Double by 2026, AI Blamed
UBS: Private credit defaults set to double in 2026 — with AI cited as a key driver of borrower distress
Potential Fed Chair Warsh Vows $100M Divestiture Ahead of Hearing
Ahead of his expected hearing in front of the Senate Banking Committee on Tuesday, Kevin Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next...
Questioning New ID Requirements for Crypto Purchases
I don’t there is an understanding of the operational impact of this change. Are you also going to have to produce your passport or birth certificate to buy crypto? Right now, banks rely on valid state & federally issued identification.
Revolut AIR Launches with 13M UK Users, Outpacing Rivals
Revolut AIR: Large-Scale Consumer Agentic Deployment (13M Users) Competitive context: Starling (March 2026), NatWest (March 2026), now Revolut (April 2026). All UK launches within 5 weeks. Revolut scale: 13M UK customers = largest single deployment. Security differentiator: "built on transaction-grade infrastructure"....
Dimon: Private Credit Mostly Stable, Winners Will Vary
Jamie Dimon on private credit: "The actual credit hasn't gotten that much worse. There are pockets where it has. And, you know, the credit spreads themselves haven't gotten much worse in general... "I just don't expect every player to be the...
Regulators Flag AI as Emerging Financial Stability Threat
Regulators are starting to take AI risks seriously. U.S. officials have warned banks about the cybersecurity threats posed by increasingly powerful AI systems, signaling concern at the highest levels. This is a shift. AI is no longer just a tech issue, it...
Commercial Banks Boost Lending Amid Shadow Banking Strains
"While there are cracks in the 'shadow' banking system, commercial banks are actually increasing their lending. There's no sign of a credit crunch in the Fed's weekly bank loan data." -Yardeni
Wells Fargo’s $36.2 B Private‑Credit Loan Portfolio Unveiled
Wells Fargo in its 1Q presentation, detailed more granularity of its private-credit exposure this morning: ➡️$36.2B of loans to private credit funds (out of $1T of loans) ➡️ 98% senior first lien loans ➡️23% to BDCs (private and public) ➡️17% software, 19%...
New AMF AI Guidelines Set Rules for Financial Firms
AMF's #AI guideline is now official: What #financial institutions need to know https://t.co/J8nrpirrln #ArtificialIntelligence #Data
ECB Backs EU Tokenized Markets Under Strict Regulations
JUST IN: The ECB is supporting tokenized capital markets in the EU with stringent regulations in place.
AI Will Transform Payments, Payments Will Shape AI
Thinking about what AI will do for payments (and what payments will do for AI) https://t.co/Jb8eYuz2hs https://t.co/S513uVHayQ
China’s New Bank Lending Slows as Household Credit Halves
Caixin: "The slowdown in China's new bank lending was driven largely by household credit, which rose 490.9 billion yuan in March, nearly halving from 988.8 billion yuan a year earlier." https://t.co/8VQxfrVL2I
Private Credit Market Remains Small versus Private Equity
GS: The size of the private credit market is modest in comparison to private equity https://t.co/heQ1kgO2hF
ARM's Lower Rates May Outshine 30-Year Fixed Now
What's the point of taking out a 30-year fixed mortgage right now if rates are only expected to move lower over the next five years? They made perfect sense when mortgage rates hit record lows in the 2021, but why now? Rates...
Banks Offload €207B Risk, Triggering Impending Crash
European banks are moving €207 billion in credit risk towards investors through so called 'SRTs'. Remember the Big Short? Exactly, we're building 2.0. That's why I call this period the final run. After that, we're going to witness a massive period...
Goldman Beats Forecast Yet Shares Open Lower
Goldman was - unusually - the first bank out of the gate for this quarter's earnings season. The company beat expectations: - EPS of $17.55 vs $16.34 expected - Revenue $34.31Bln vs $16.98Bln expected However, $GS still gapped down on the open...
AI Model Retuning Triggers Securities Fraud Disclosure Duty
When AI Model Tuning Becomes Securities Fraud The Upstart Case: Why AI Lending Model Performance Is Now a Disclosure Obligation Model 22, Upstart`s AI lending model was retuned, performed differently than disclosed, and executives allegedly knew about it and sold $15 million...
Charts Reveal Which Banks Will Lead Earnings Season
📈Banks kick-off earnings season this week, what are the charts saying about who is poised to outperform? @CarterBWorth joined Dan Nathan & @GuyAdami on MRKT Call to break it all down $BKX $C $BAC $JPM https://t.co/pR2yVXQsON
CLARITY Act Secures Bipartisan Backing Amid Bank Opposition
The CLARITY Act has achieved what so many bills have failed to do - reach true bipartisan support. Big banks are digging in to protect their turf, but they’re up against a now or never moment for the American people....
Bunq Wins AI AML Battle, Expands to US
How bunq is reinventing the Neo-banking model for 2026. 🏦✨ Ali Niknam, CEO of bunq, just sat down at Davos to reveal how they became the first profitable EU neo-bank and their bold plan for the US. 💎 Watch the full deep...
Key Issues to Watch at IMF‑World Bank Summit
5 things to watch at the IMF-World Bank meetings this week https://t.co/8BcEucTx0N via @CecileDaurat https://t.co/UDyXcKlsEk
Regulation Cuts Bank Risk Premiums, Raises Unemployment
New @nberpubs: "The Macroeconomic Effects of Bank Regulation: New Evidence from a High-Frequency Approach" https://t.co/g4pjlheA4f "A 10 basis point regulation-induced peak reduction in bank risk premiums is accompanied by a 15 basis point peak increase in the unemployment rate." https://t.co/sclisI5Km5
Record‑high Loans Boost Outlook for Bank Earnings
Looking forward to strong bank eps this week. This will help: Federal Reserve H.8 report show both loans and deposits ended 1Q26 at record highs. In 1Q26 loans jumped 7.5% y/y - its fastest pace in 3 years....
Trust in Valuations, Not Liquidity, Drives Private Credit Pressure
The issue for private credit is not just liquidity but a lack of trust in how fund managers value loans. "Redemption gating isn't likely to stop the pressure on private credit until private credit managers take more meaningful & more...