Our biggest stories of the past week are …
Another day another conference, this one was about “Fixing
our banks – what to fix for whom?” at South Bank University. There was a decent
turnout of students and academics, and a panel providing a multidisciplinary view
from auditors, customers,…
As mentioned yesterday, I introduced a discussion about
Fixing Our Banks this week, alongside a distinguished panel comprising: Charles
Middleton, Managing Director of Triodos Bank; Seamus Gillen, Policy Director
with the Institute of Chartered Secretaries and Administrators (ICSA); Dominic
It’s interesting that we’re now less than a year away from
SEPA’s end date for the Eurozone and so people are saying to me that SEPA
doesn’t matter so much as a discussion point anymore. This is because the
I just got this infographic on SEPA from Misys and thought
it worth sharing as it’s pretty useful.
If you haven't seen it, there's a movement to stop banks
gambling on food commodity prices. It has been created by the World Development
Movement, and they describe the campaign as follows: Banks, hedge funds and
pension funds are betting…
PRESS RELEASE FROM THE FINANCIAL SERVICES CLUB, 5th March
2013 An industry group supported by the Financial Services Club is harnessing
the power of ‘crowdsourcing’ and social networks to generate a list of the
regulatory issues most likely to cause…
In February, the European Parliament published the technical
standards for the European Markets Infrastructure Regulation (EMIR) which will
enter into force on 15 March 2013. To
find out what this means, why not join us on Wednesday 14th March when we have
our fifth plenary meeting of the Clearing & Settlement Working Group
(CAS-WG) at the BT Auditorium, 81 Newgate Street, LONDON, EC1A 7AJ. If
you would like to attend, please
The major general news stories of the past week include …
the Bank Governor found time to ease van man's frustration over loan refusal
– The Independent
Mike Benson thought, as the owner of a profitable small business, a £10,000
loan for a new Ford Transit van wouldn’t be too much to ask.
for Italian bank Monte Paschi di Siena found dead – The Telegraph
The spokesman of Monte Paschi di Siena, the Italian bank at the center of an
investigation into alleged corruption and fraud, has been found dead at the
bank's Siena headquarters.
left without money as RBS systems crash – The Telegraph
Up to 17.5 million RBS banking group customers were left without their money
last night as the bank's systems crashed.
Osborne is defeated 26 to 1 on EU bonus caps – The Telegraph
Britain has been defeated after being outnumbered 26 to one over controversial
European Union proposals to impose caps on bonuses paid to bankers.
consider legal action against 'unlawful' bonus caps – The Telegraph
City lawyers have contended that the European Parliament's proposed cap on
bankers' bonuses could be defeated in court, paving the way for banks to launch
legal action against the controversial proposals.
Forbes Billionaires list: Record number of new entries appear on rich list, but
Carlos Slim and Bill Gates still top the charts – The Independent
Pity Britain’s poor rich. Just one of our 37 US dollar billionaires squeezed
onto a list of the world’s 100 richest individuals.
set to unveil one of the biggest profit hauls in UK banking history with
announcement of £15.6bn profits – The Independent
HSBC will unveil one of the biggest profit hauls in the history of UK banking
tomorrow – triggering another windfall for its chief executive.
managers turn to shadow banking – Financial Times
As banks retreat, a growth opportunity for larger firms can also boost the real
you trust 'peer to peer' lending? – The Telegraph
'Peer to peer' lending websites promise savers better returns. Emma Simon puts
them to the test .
Henderson is the human face of flexible banking – The Telegraph
Ian Henderson, chief executive of Shawbrook, a new breed of bank set up to
challenge the Big Five explains his different approach.
If you like the Finanser, check out the books of the blog: the Complete Banker Series
The Financial Services Club is sponsored by:
For details of sponsorship email us.