Our biggest stories of the week are …
Finovate launched its first European show yesterday with over 400 attendees and 35 presentations from firms covering the whole gamete of financial services from investing to payments, personal financial management (a load of that!) to biometrics. All of them on the leading-edge of innovation in finance.
Sometimes I get into a rant, and I got into a bit of one at Finovate. It was during the lunchtime session, and a banker said to me that they liked all the presentations during the morning but wouldn’t be…
For the third year running, I was involved in the Card & Payments Awards. This year I was one of the judges and, last night, the sixth annual ceremony took place at the Grosvenor House in London hosted by comedian, Marcus Brigstocke.
Oliver Wyman launched a new report at Davos last week that has garnered a few headlines. Titled: “The Financial Crisis of 2015: An Avoidable History”, they suggest that although financial services executives and regulators have worked hard to design a more stable financial system, they might fail as there are other market stresses that could occur.
Talking about best execution and stuff today, we got into a debate about whether banks were worried about trashing the trust of customers or were concerned about changing behaviours. My response is that banks will soon be measured by their moral compass …
I often use the analogy that traditional money is the bedrock foundation of our society, but this is changing. It began to change gradually as we introduced alternative currencies, such as loyalty programs and airmiles. These form pebbles of commerce…
The major general news stories of the week include …
Many believe the financial sector is vital to the survival of the UK, but bankers have never been so unpopular. BBC Newsnight's Paul Mason asks if Britain could survive without them.
Bank of America Corp., the biggest U.S. bank by assets, replaced HSBC Holdings Plc as the world’s most valuable banking brand, according to a survey by London- based Brand Finance Plc.
Reliable identity numbers could create many opportunities for business IN A small village north-west of Bangalore, peasants queue for identities. Each man fills in a form with his name and rough date of birth, or gets someone who can read to do it for him. He places his fingertips on
Deutsche Bank has reported fourth-quarter pre-tax profit significantly below forecasts.
Thousands of bankers are set for a nasty shock when their bonuses arrive, as the majority of them still do not realise that much of this year's payout must be deferred.
A former director at the London Stock Exchange is on the verge of being named as head of the new Consumer Protection and Markets Authority (CPMA), after it is spun out of the Financial Services Authority (FSA).
There are only two ways of restoring sanity to a mad system. The first is that banks and their shareholders come to accept that the supercycle really is over. The second is another and bigger crash.
Royal Bank of Scotland will today launch a significant push into retail fund management, as it looks to become one of the biggest players in a £40bn market.
As politicians, executives and financiers networked at parties and panels last week in Davos, Switzerland, Barrie Wilkinson was in a nearby hotel, warning that a 2015 financial catastrophe may be looming.
The Financial Services Authority is used to its fair share of lawsuits. But in what is believed to be the first of its kind, a mortgage broker is taking the watchdog to task – for libel.
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