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The Finanser’s Week: 10th September – 16th September 2012

Our biggest stories of the past week are … 

This week sees Britain celebrating. No, not the end of a phenomenal summer of sport. No, not the Queen’s Diamond Jubilee again. And no, not the 200 year anniversary of the start of the end of Napoleon after his fatal…
When I was growing up in business, there weren’t many management gurus around. In fact, I think there was just one: Peter Drucker. Drucker was the book for every student of management. He was it. Then I moved into industry…
Further to yesterday’s dialogue around TQM, I got into a conversation with a couple of folks about the fact that we don’t have real STP, Straight Through Processing, in most financial firms. One senior manager said that he had started…
I didn’t mean to make this a series of articles, but it has become one.  After discussing TQM and BPR, then getting into STP, today it is the turn of ISO.  It’s not actually me having a pop at ISO, but the fact that discussions have been on-going about STP for so long, and now I know why it’s not in place.  ISO. That’s the Ignore Standardising Operations group …

I started another debate yesterday after saying that English is the global language. It is. It is not the largest spoken language – that’s Mandarin Chinese – but it is the largest global language spoken across borders thanks to the…

Things worth reading: the European View (14)

This week's view from Europe, courtesy of
Edith Rigler includes:

  • Towards a banking union – European Commission, 10 September 2012
  • Making financial centres contribute to the wider economy – speech by
    Michel Barnier, 6 September 2012
  • Euro area GDP down by 0.2% and EU27 GDP down by 0.1% – EuroStat, 6
    September 2012
  • No agreement between Deutsche and regulators for Deutsche around
    LIBOR scandal – Handelsblatt, 10 September 2012
  • Customer pays more for account and credit services than before the
    crisis – Handelsblatt,  5 September 2012



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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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