Home / Blog Index / The Finanser’s Week: 22nd March – 28th March 2010

The Finanser’s Week: 22nd March – 28th March 2010

The biggest news stories of the week include …

America's debt mountain … all Congress's
fault?

I just got around to catching a few paragraphs from David Broder's
fascinating column in the Washington Post a few
days ago, about Congress in the USA talking about America's debt mountain and whose fault it is.  Compare theirs with Britain's and there's little issue.

Why ICBC didn't buy Citibank

Good friend of the FSClub Emmanuel Daniel joined us this week to
talk, about the future of banking and the rising influence of Asian
banks, especially those from China and India.  The thing that surprised me most is that we haven’t seen an Asian bank
become truly global yet, by buying an American or European major bank.

Virgin, Tesco … where's the new bank?

So, we are finally seeing some new retail banks launched in
Britain for the first time in, oh, living memory?  Now, we have a sudden flush
of new banks coming into the markets and, focusing upon Virgin and
Tesco’s strategies as these are the major players trying to threaten
traditional UK retail banks dominance, it’s interesting to see how the
new competitive battleground will play out.

More on Tesco, Virgin and Metro Banks 

Data Monitor kindly sent me some slides about Tesco, Virgin and Metro
Bank after my blog this week.  See their take on the world here.

More on CESR's Dark Pool Regs

I recently wrote a little piece about CESR, the EU
Securities Regulator, and their update to Dark Pools regulations.  It
got quite a reaction, including feedback from some of the dark pools
regulators themselves, who 'corrected' the view that the Best Bid-Offer
had been updated by making it clear that nothing had actually changed
recently.

A majority vote social media as important –
critical for banking

Earlier this year we surveyed the Financial Services Club members
and readers of the Finanser for their views on social networking and
social media in banking.  In February, we published the initial results as a qualitative report and now
we have crunched the numbers to produce the quantitative report.  There were 444 respondents to the survey …

Summary of the payments landscape

I just received the 10-page summary of this year's IPS show.  Great document produced by the
indomitable Heather McKenzie – good job.  Here's a little
snippet to wet the appetite of those who missed it …

Credit crunch bank robberies

I guess these desperate times cause desperate actions, as the last
few weeks must have created the funniest spate of bank robberies ever
seen.  First, there was the Russian Sumo wrestler who wrestled an
ATM out of the wall …

What is it with the French?

Don’t get me wrong, I love France and most things French,
particularly the South of France and the Cote d’Azur,
Tourettes-sur-Loop, Bordeaux and Provence. Beautiful. But get me to
Paris and my love affair with France always seems to fly out of the
window.  Take my latest trip, by way of example.
 

 

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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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