I was just surfing the
BBC news for information about the new Governor of the Bank of England and
found this as the #1 most viewed video clip today.
Further to the
launch of the Clearing and Settlement Working Group (CAS-WG) in the spring (read more here), the next
plenary meeting will take place on Tuesday 11th December
I was wondering what
to blog about today, as it’s grey and cold and wet and miserable and … then I
realised, I should blog about Russia. Here in London, we’ve gradually seen a
takeover of some of our key…
So all of the UK media
were up in arms over the selection of Mark Carney as the new Governor of the
Bank of England. Why such furor? Because they were all duped into not seeing
him as being a candidate …
At SIBOS 2012, I led a
session on the future of money along with Udayan Goyal … … and asked the basic
question: will the future still be built on the banking foundation? I'm writing
up the session again, as…
It’s taken me a while,
talking about social media and stuff, to finally work out why this is a
fundamental change for banking. First of all, it was the rise of blogging and
social media such as YouTube. I still…
It’s Friday so it’s fun day. Just browsing
around for a few amuse bouches, and found these adverts for various banks
around the world. This is partly because of the post I made about Japan’s
banking adverts, which inspired a…
The major general news stories of the past week include …
Gustl Mollath was put in a psychiatric unit
for claiming his wife was involved in money-laundering at the Bavarian bank.
But seven years on evidence has emerged that could set him free
staff sacked by Barclays following Libor-fixing scandal – The
Barclays yesterday said five employees had
been sacked as a result of the Libor-fixing scandal which landed the bank with
a £290m fine and cost its chairman and chief executive their jobs.
'to push for Basel III delay as it lobbies US' – The Telegraph
Europe is preparing to follow the United
States in delaying the introduction of stricter rules on bank capital, while it
lobbies for a rethink of the US stance, according to reports.
interested in buying RBS branches – The Independent
Nationwide, Britain's biggest
customer-owned financial services group, is interested in bidding for 316
branches being sold by Royal Bank of Scotland to speed up its expansion into
lending to small and medium-sized businesses.
Rock treasurer dies – The Independent
The former treasurer of Northern Rock, who
retired with a £2.5m pension pot when the bank collapsed but was racked with
remorse over its decline, has been found dead at his home.
influence on retail 'is set to soar this Christmas' – The Independent
It has revolutionised the way we listen to
music, take photos and exchange gossip but the smartphone is now set to also
transform the nation's shopping habits this Christmas.
Boston Fed Report on Mobile Payments Technology – Payments News
The Federal Reserve Bank of Boston has
released a new report entitled, "Mobile Phone Technology: 'Smarter' Than
We Thought". This report examines in detail how near field communication
(NFC) and cloud technologies address security for mobile payments at the retail
point-of-sale (POS). It also provides a brief overview of security
Carney: Canadian everyman takes top job at Bank of England – The
The Bank of England's incoming Governor
Mark Carney marks a break from the norm – even in his hiring.
Chairman urges bankers to swear an oath – The Telegraph
Douglas Flint is pushing for bankers to
take an oath similar to that of doctors as part of radical plans to overhaul
the way the profession is viewed in the wake of the financial crisis.
pressed to shed investment bank – The Telegraph
Barclays has come under pressure from some
of its largest shareholders to axe its investment bank as part of a radical
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