Our biggest stories of the week are …
As anyone who tracks this blog knows, I love all things futuristic. Via Rob Findlay I discovered this video yesterday from Corning Glass …
We are pleased to provide our eleventh month of monitoring the MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR).
The Japanese earthquake and tsunami over the weekend was terrible. In a country that is familiar with Earthquakes – remember Kobe – it is surprising the devastation caused, and the Tsunami that followed made it far worse. In fact, a…
I almost missed this, but found a wonderful infographic on identity theft produced by Lines & Moodswings. Well worth a look if you like statistics on fraud and theft.
After my note about identity theft the other day, I got a nice note from Barry Marshall at Identity Intelligence (IDI), who run a database about fraud. Their numbers are staggering, and they define the issue today is not about Card Not Present (CNP) fraud, but Card Not Necessary (CNN).
This is just amazing and something that almost slipped under my radar somehow. Earlier this year, we were all waiting with bated breath for the leak of secret Bank of America emails via Wikileaks. It was going to be explosive…
We’ve had lots of discussions about the branch being dead. For example, Brett King recently wrote a blog entry: “If your bank is opening branches – get worried” with some great stats: Bank visits have declined in the US by 20% in the last decade …
We've had a lot of dialogue about interoperability and the difficulties of getting all the pipes and plumbing of payments to work together. The real question is whether payments processors are meeting the challenges of the world of 2011? To find out, we are launching a survey to see what readers think of SWIFT, EBA, Fedwire and other clearing systems. To join in, click: https://www.surveymonkey.com/s/P5KN6V3
The major general news stories of the week include …
Lloyds Banking Group has announced it is to cut 570 jobs and outsource a further 600. As the graph below shows, the bank has axed thousands of staff since the recession hit.
On May 20 1997, the FSA was formed by then Chancellor Gordon Brown – it will be broken up by the end of 2012.
Lord Turner, chairman of the Financial Services Authority, said in a speech on Wednesday that the best way to prevent big banks from failing would be to impose a significant surcharge. Here, we look at some of the banks (and one country) that needed help during the credit crisis
It is the monetary policy committee you have probably never heard of – a group of bank treasurers and officials from the British Banking Association that set interest rates for trillions of pounds worth of international lending each working day.
National Australia Bank's UK chief executive is to step down as speculation mounts over the lender's interest in 600 branches currently being sold off by Lloyds Banking Group.
Nearly 6,000 jobs were created in the City last month, 30 per cent more than last year and 6 per cent more than in January, according to a financial services recruitment company. Meanwhile, dissatisfied bankers unhappy with meagre bonuses pushed job application numbers up by a whopping 47 per cent,
The total exposure of foreign banks to the struggling quartet of Greece, Ireland, Portugal and Spain tops $2.5 trillion (£1.6 trillion) once all forms or risk are included, according to the latest data from the BIS.
The economic newsflow was thick and fast last week. Ongoing commodity price jitters combined with renewed fears of another eurozone default – this time in Spain, the currency union's fourth biggest economy.
The recent round of UK banking results shows that despite a rebound in 2010, retail banking faces "significant challenges" in the next three years, according to a new report.
One of Britain's most respected accountants claims the controversial International Financial Reporting Standards used by British banks are not "fit for purpose".
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