Monday newspaper round-up: Mobile banking, HSBC, Woodford

Mobile banking is set to be more popular than visiting a high street bank branch within two years, according to new forecasts, highlighting how technology is transforming the way Brits bank. The tipping point will arrive in 2021, according to analysis by the consultancy Caci, when the number of customers regularly using branches will be overtaken by those using apps. – Guardian

Scores of complaints have been made about rented properties on royal land and tenants have faced more than 100 evictions, a Guardian investigation has found, prompting anger over how the Queen’s £14bn property portfolio is managed. The crown estate, which helps bankroll the Queen by giving the monarch 25% of its profits, has sought to evict 113 tenants in the past five years so they can sell their homes for profit. – Guardian

British trucks will not be able to board ships in Dover in a "no deal" Brexit if they do not have the correct customs paperwork, following a deal between the Port of Calais and Channel shipping lines, the head of the Road Haulage Association has told the Telegraph. Richard Burnett, chief executive of the Road Haulage Association, said Dover would be used as a “filter” for trucks looking to go to the continent, risking massive tailbacks and disruption if British business did not comply with pre-declaration requirements. – Telegraph

HSBC has started testing a new artificial intelligence (AI) system that aims to spot odd behaviour quicker in order to tackle the more “sophisticated end” of criminal activity. Sources said the bank has begun what will be a “multi-year conversation with regulators” to create a new AI product that can comb through much deeper analysis of customer behaviour in an effort to spot money laundering earlier on. – Telegraph

Sixteen of Britain’s biggest companies have been named as laggards on female representation in a joint attack by a leading investor group and a government-backed review. Four companies in the FTSE 350 currently have no women on their board, almost three years after the Hampton-Alexander Review said that firms should aim for a third of their board and senior leadership positions to be held by women. These are Daejan, the property company, the iron ore miner Ferrexpo, TR Property Investment Trust and Kainos, the software group. – The Times

When Neil Woodford launched his eponymous investment firm five years ago the star fund manager attracted billions of pounds of inflows and soon boasted the top performing UK equity income fund. However, despite the spectacular start from Mr Woodford, who had built up a big investor following from his two decades at Invesco, all was not as it seemed. After Woodford Investment Management secured approval from the Financial Conduct Authority in May 2014 and launched the Equity Income Fund the following month, problems that would lead to the fund’s dramatic suspension this month are alleged to have already been surfacing behind the scenes. – The Times