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Monzo staff call man a 'horrible Terf' for challenging its transgender-inclusive policies

After the LinkedIn user questioned the bank's stance on LinkedIn, employees mocked him and named his employer on Slack ....

City Of , United Kingdom , Monzo Linkedin , Free Speech Union , Monzo Slack , Information Commissioner ,

BBCNEWS Talking Business June 4, 2024 01:41:00

In the uk, starling, monzo, raisin in germany, n26, they don t have the infrastructure and legacy costs that incumbent banks do. i m just wondering how do you see this developing over let s just say the next couple of years? is this current situation here to stay? well, one of the things. i think there probably will be a bit. i know the eu is talking a little bit about regulation and the uk is. the us, maybe a bit less. some new regulation might come in to require banks to offer higher rates of savings to customers. but also, at the end of the day, there s a possibility that central banks will lower some of these interest rates. we are getting to a point with the cost of living crisis, and with inflation, and i hate to put it this way, but you re going to get to the point where sections of the population that aren t normally in financially vulnerable positions are going to find themselves in those positions. when the middle class starts defaulting on their mortgages, ....

The Uk , United States , Central Banks , Interest Rates , Aren T ,

BBCNEWS Talking Business June 4, 2024 03:41:00

And makes loans. but what banks do is hold money. and move it around. like, that is. that is the basic bank business. so, with all this cash in the system, there is a lot more cash than they have in their reserves, that s part of their business. not every investment bank, but a lot of investment banks, also profited from the stock market volatility that we ve been going through over the past three years because of covid. there are some good deals out there, aren t there? particularly from newer banks, who need to attract the cash. yeah, i mean, in the uk, the rates of 3% or 4% but newer banks are offering better rates, like, around 3% or 4% that they are offering better products to attract new customers. also newer banks, like in the uk, starling, monzo, raisin in germany, they don t have the infrastructure and legacy ....

Hold Money , Bank Business , Investment Bank , Investment Banks , Stock Market Volatility , The Uk , Aren T ,

BBCNEWS Talking Business June 4, 2024 02:42:00

The uk, starling, monzo, raisin, and a german bank they don t have the infrastructure and legacy costs that incumbent banks do. i m just wondering, how do you see this developing over let s just say the next couple of years? is this current situation here to stay? well, one of the things. i think that there probably will be a bit. i know the eu is talking a little bit about regulation and the uk is. the us, maybe a bit less. some new regulation might come in to require banks to offer higher rates of savings to customers. but also, at the end of the day, there s a possibility that central banks will lower some of these interest rates. we are getting to a point with the cost of living crisis and with inflation, and i hate to put it this way, but you re going to get to the point where sections of the population that aren t normally in financially vulnerable positions are going to find themselves in those positions. when the middle class starts defaulting on their mortgages, that s when ....

Deutsche Bank , Central Banks , United States , Interest Rates , Aren T ,

BBCNEWS BBC News June 4, 2024 17:18:00

Leverkusen are in action. currently level at 1 1. and union could jump back up to third later if they can beat wolfsburg. and it s a busy day in italy s serie a too. there have already been wins for torino and fiorentina while hellas verona drew 1 1 with monzo. fourth placed roma have not long got under way against sassuolo and the visitors are ahead, i 0, whilejuventus take on sampdoria later. to tennis where top seed carlos alcaraz breezed into round three of indian wells after easing past tha nasi kokkinakis. the reigning us champion won in straight sets in his first hard court match of the year. alcaraz will play the dutch 31st seed tallon griekspoor next. in the women s draw iga swiatek has begun the defence of her title in style with a simple win against ther american claire liu. the world number one won the first 11 games won the first 11 games of the match, winning 6 0, 6 1. ....

Serie A , Beat Wolfsburg , Hellas Verona , Vi 0 , Carlos Alcaraz , Hard Court , Indian Wells , Tha Nasi Kokkinakis , Dutch 31st Seed Tallon Griekspoor Next , Iga Swiatek , Ther American Claire Liu ,