Our biggest stories of the week are …
We've talked a lot about how banks are behind the mark when it comes to social media. Now let's take a look at the next generation bank statement …
If you're excited about the next iPad and iPhone, then you'll be excited to see a vision of the plans for 2014.
In my old programming days, the mantra of every programmer was: “Garbage In, Garbage Out” (GIGO). GIGO is a lesson that is just as critical today as it was back then, and regulators seem to be in danger of losing sight of this fact when it comes to High Frequency Trading systems.
I was just watching this ten minute debate in Australia about bank advertising. It starts with the line: “I would have thought banks were tough clients for two reasons. One, they’re bastards. Two, we hate them.” This is interesting stuff, and reminds me of the psychology of money debate.
“Now then Brasher, what’s all this I hear about a clampdown on bonuses?” Sir Winston Albert Grant, Chairman of MegaBank Corp (MBC) and generally known by his colleagues as WAG, roared across the table at Roger Hughes, the new Chief Compliance Officer …
OK, it’s time to build a new way of measuring anger with the banks, so today sees the launch of the Finanser’s Rage Gauge, a method of tracking how much anger there is against the banks. Why do this today? Because the heat of anger on the industry varies day-by-day, month-by-month.
The major general news stories of the week include …
Morgan Stanley internet analyst says that for internet investors, it's 1997 all over again – only this time, the stakes are much higher, writes Richard Waters
The investment banking arm of Barclays is to cut hundreds of jobs in the UK because several months of slow activity across the industry looks set to continue next year.
The Republic of Ireland's €85bn (£72bn) bailout has failed to end the crisis of confidence gripping the eurozone, and may even have exacerbated it.
Banking will be targeted in the next batch of WikiLeaks releases, the website's founder, Julian Assange, has said.
Mark Hart, a US hedge fund manager who has made millions predicting the crises in US sub-prime market and European debt, has launched a fund to bet on the imminent implosion of China.
Huge salary rises at banks have filtered down to middle and junior level staff, leaving even the average "vice-president" – a catch-all title for mid-ranking employees – on close to six-figure salaries, according to City headhunters.
The trial of a former Goldman Sachs computer programmer is set to shed light on the world of high-frequency trading, a little-known cog in the world's financial system.
HSBC names its new UK management team as part of a reshuffle at the bank under incoming group chief executive Stuart Gulliver.
Two of outgoing Santander UK chief executive António Horta-Osório's top managers are set to join him at Lloyds Banking Group after quitting the Spanish bank.
Don't I know that name?
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