Chris Skinner's blog Shaping the future of finance
The main blog headlines are …
So, I’ve been summarising other people’s views of the year ahead from a variety of sources, but I also wrote two outline pieces for my friends at The Banker magazine and Jim Marous’s The Financial Brand. Just to finish off my week’s blogs about this year, here’s …
There has been a lot of thinking and rethinking during 2018 about blockchain, cryptocurrencies, bitcoin and everything digital currency related. I wrote about the challenges getting blockchains implemented for example, and was surprised to find myself enduing up as a network meme. The power of …
There are many pundits predicting change in banking and FinTech this year. Here’s a review of a few of the ones that have some depth. American Banker published seven FinTech predictions for 2019 by Bob Legters, Chief Product Officer of Banking and Payments at FIS. The …
2019: The Year of Witty Protest
So yesterday, I gave you the top ten trends for 2019 from British Airways’ Business Life magazine. The article also discussed a range of other trends that are noteworthy, so here’s a quick summary of the other things to expect in 2019. 2019: The Year …
Hello, hello and hello again. Welcome to 2019. A brand new, fresh, shiny year, and just out of the starting gate. Having said that, yes we are still talking Brexit and we still find a group of shady bankers knocking off billions. Same shit, different day, …
And the top headlines this week are …
Bankers joining fintechs find adrenalin and bruised egos – Financial Times
Former Barclays boss and ex-Citigroup chief describe the ups and downs of fintech
Major Wall Street players plan exchange to challenge NYSE, Nasdaq – Reuters
Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies plan to launch a low-cost bourse that will compete with the New York Stock Exchange and Nasdaq.
UK financial services sector shifts £800bn in assets to Europe – Financial Times
EY study shows that uncertainty has driven operations abroad ahead of Brexit
Guest post: Private equity – tech’s best kept secret – Financial Times
In this guest post, Victor Basta argues that tech firms are losing their special status among investors, meaning they are having to focus more on good old-fashioned profitability when planning their exits.
How will central bankers cope when the next recession comes? – Guardian
Policymakers who think fiscal policy alone is enough are setting themselves up for a shock If you ask most central bankers around the world what their plan is for dealing with the next normal-size recession, you would be surprised how many (at least in advanced economies) say “fiscal policy”. Given
Britain is crippled by record personal debt while the Tories boast of a boom | Maya Goodfellow – Guardian
UK households are taking on more debt than ever to make ends meet. In this climate, rising employment figures mean nothing With a government torn apart by Brexit and a country falling to pieces because of that government, Conservative MPs have a fallback they sometimes like to use as proof
Barclays threatened with boardroom shake-up as investor calls for vote – The Guardian
Edward Bramson says more resources should be funnelled towards consumer operations Barclays is being threatened with a boardroom shake-up after an activist investor announced plans for a shareholder vote on the bank’s leadership. Edward Bramson, who has spent about £900m building a 5.5% stake in Barclays through his investment vehicle
The proof that Facebook is broken is obvious from its very modus operandi | John Naughton – Guardian
Despite employing a small army of contractors to monitor posts, it’s clear the company is no longer fit for purpose Way back in the 1950s, a pioneering British cybernetician, W Ross Ashby , proposed a fundamental law of dynamic systems. In his book An Introduction to Cybernetics , he formulated
RBS critic pays £20,000 for billboard criticising bank – Guardian
Former chief of company ‘pushed to failure’ says it is worth it to raise awareness A critic of Royal Bank of Scotland’s disgraced restructuring unit has spent £20,000 on a billboard berating the high street bank as part of efforts to reinstate an investigation into wrongdoing at the lender. Neil
Barclays to abolish passwords for phone banking – The Telegraph
