The Daily Dig for Wednesday, June 10

Aussie bank exec urges caution on P2P

Projected altfi growth in Australia could eat into some sectors dominated by banks, but look before you leap, says a bank executive. Liam Walsh reports.

British big banks cutting big jobs

The number of job cuts HSBC plans to shave in the next two years equals the staffing at Time Warner. Jason Karaian reports.

Quincy Jones turns to crowdfunding to finance virtual piano school

Quincy Jones has turned to a crowdfunding site previously used by Yao Ming and Neil Young in the hopes of getting his virtual piano school off on a high note. Kate Rogers reports.

Are some tech startups pulling numbers out of thin air?

Before they hit their IPO many tech startups are boosting their numbers in a bid to look good to potential investors. It often happens because no one is checking up on them, writes Ben Popper.

Keep an eye on these 5 Aussie fintech startups

From equity crowdfunding to P2P to Bitcoin, Australian fintech startups are doing it all. Here are five platforms to watch, writes Broede Carmody.