Home / Blog Index / The Finanser’s Week: 11th February – 17th February 2013

The Finanser’s Week: 11th February – 17th February 2013

Our biggest
stories of the past week are …

The future is “App”
banking!

I'm on travels this week, but have been saving a series of
three guest posts to provide you with a different dimension of view for a
change.   In the first of these three
guest posts Jerry Norton, Head of Banking for Logica/CGI, talks about why
m-banking should be a-banking.

Banking for a better
planet?

I recently co-authored an article on banks for a better
planet with Doctor Carolyn Stephens of the Institute of Health Equity at
University College, London (UCL). The article was published in the January
issue of the Journal of Environmental Development,…

How do you implement
a strategy that works?

A good friend of mine, Robin Speculand, recently spoke to
our Financial Services Club in London about implementation. It was a popular
night, primarily because implementing strategy is really difficult. In fact,
coming up with a good strategy in the…

All you thought you
knew is wrong

Here's a video of my latest presentation from a recent
Bloomberg conference.  The video
summarises the three-part polemic I recently wrote: Stop talking about mobile,
it's not important; Money is meaningless, it’s the data that is important; and
Capitalism is dead,…

Barclays Bank:
loyalty, rage, indignation and apathy

The world moves on and banking moves with it. Lurching from
crisis to bonus, there appears to be a strong divide between the markets, the
players and the rest of the world. Whilst some of us scream about the banks…

PFM is already
out-of-date … we need PFM-squared

I was engaged in a lengthy conversation about mobile finance
the other day. Half way through, it finally hit me why mobile makes such a
difference to our lives: it’s real-time. I’ve thought this for a while, but it
is…

 

The major general news stories of the past week include
… 
 

Barclays
and the new moral bankers
– Financial Times
As the bank reinvents itself in a drive to repair its tarnished image, here is
the speech its chief chief execuitve, Antony Jenkins, didn’t give. By Robert
Shrimsley


Thomson
Reuters to cut 2,500 jobs
– Financial Times
Data group attempts to lift profitability in the face of ‘headwinds’ in the
financial and legal markets on which its largest divisions depend


Barclays
'drawing a line in the sand' – Chris Skinner
– BBC
The news that Barclays is cutting 3,700 jobs and reducing costs is part of an
attempt to change the culture at the bank, according to banking analyst Chris
Skinner.


Rogue
trader Jerome Kerviel sues Societe Generale for €4.9bn
– The Telegraph
French rogue trader tries to wipe out the damages he owes to bank.


Bank
chief: ‘I’m planning my next revolution’
– Financial Times
Despite his success, the founder of Metro Bank just can’t stop working


'Game-changer'
app helps Lloyd's to bin the paperwork
– The Independent
A digital revolution has taken place at Lloyd's of London as the 325-year-old
insurance market moved closer to a life without paper.


RBS
executive John Hourican tells colleagues 'not to waste my death'
– The
Telegraph
Royal Bank of Scotland's outgoing executive John Hourican has warned colleagues
not to waste "my death" after ordering them to get angry over the
Libor scandal that led to his resignation.


Barclays
to take axe to its 'failures'
– The Independent
Barclays will this week announce the closure of its under-fire structured
capital markets business, in what boss Antony Jenkins will claim is "a
fundamental break from the past".


Barclays
plans £2bn cost-cutting
– Financial Times
Bank is expected to pull back from some investment banking in Asia as well as
wind-down certain retail and commercial banking operations in parts of Europe


Switching
City jobs brings a pay jump of 24 per cent
– The Independent
City workers who switched their jobs last month will have started the year with
an average 24 per cent pay rise, figures have revealed.

 

If you like the Finanser, check out the books of the blog: the Complete Banker Series

 

The Financial Services Club is sponsored by:

Invest Northern Ireland 

 

For details of sponsorship email us.

 

 

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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