Interview: Starling boss Anne Boden says digital banks ‘have to show they can make a profit’

Roger Baird

The most famous woman in British fintech bustles into a City meeting room on the sixth floor of the bank she built. At five foot, Anne Boden (pictured), chief executive of Starling Bank, is a fizzing ball of kinetic energy, all smiles and hellos, an atom the moment before it splits. Boden, 60, will need…

Famous Hollywood sign on the hill, in the US.

Elon Musk 6 Times Richer Than Top 20 Hollywood Actors Combined

Tesla Chief Executive Officer Elon Musk’s net worth is now six times more than the cumulative wealth of the top 20 richest Hollywood actors. Data gathered and calculated by LearnBonds.com indicates the top actors control a combined fortune of $6.55 billion. On the other hand, Musk’s net worth stands at $40 billion, placing him in…

Huawei office

Hanging up on Huawei: Polls across the West label Chinese telecom ‘untrustworthy’

Roger Baird

Chinese telecoms giant Huawei has been barred from contracts worth billions and seen the public perception of its brand crash across four countries across three continents in a few short months. China’s ambassador to the UK said backbench MPs who continue to protest the firm’s involvement in building Britain’s 5G infrastructure are conducting “a witch-hunt”….

Lloyds Banking Group overdraft charges

City watchdog demands high street banks explain doubling of overdraft charges

Roger Baird

City watchdog the Financial Conduct Authority (FCA) warned it would “keep an eye” on high street banks after lenders hiked their arranged overdraft levels to “very similar prices”. The FCA added it written to banks today asking them “to provide evidence of how they have arrived at their pricing decisions”. HSBC, Nationwide, First Direct, Lloyds…

Funding Circle finance boss quits peer-to-peer lender

Roger Baird

Funding Circle said that the head of finance that brought the struggling peer-to-peer lender to market will leave the business. Sean Glithero, 46, will step down as chief financial officer will step down “later this year, providing sufficient time for an orderly transition”, said the FTSE 250 firm. He will be replaced by Oliver White,…