This week we’ve seen three different headlines about 3 different banks, all with a familiar thread running through the stories. Are they all following the same playbook and will more of the same unfold as the year progresses?
Links to the stuff we spoke about:-
- Boston Consulting Group (BCG) published a new report in collaboration with QED Investors in which they made some bold predictions about Fintech growth out to 2030 – we would love to get access to their crystal ball (or their rose tinted glasses)
- Chris dives into the reason behind JP Morgan’s acquisition of First Republic Bank
- And is that the same reason why HSBC bought SVB in the UK?
- And did UBS just show them both how it’s really done using the same playbook?
- And is PacWest next on the list?
- It seems to be a long list of potential candidates ……
- Who knew the Wolf of Wall street would be doing so well all these years later?
- When you’re an auditor and three of your bank clients all go bust then maybe it’s time to take a good look at your life choices
- Rishi Sunak seems to be sending mixed messages (again)
- Is BNPL simply a way to pay or is it really credit in disguise? Innovate Finance aren’t happy with the government’s plans!
- Sorry Brett – we think your thesis regarding the failure of First Republic Bank is 💩
- In case you couldn’t figure out what Rik was trying to sing (the rest of us couldn’t) then it was this dubious hit from The Hoff
- Who knew the surprising story of how The Hoff helped TIKKI increase their user base??
- And why do the Germans love him so much?
- On a serious note, perhaps we should ALL be paying more attention to what Geoffrey Hinton “The Godfather of AI” has to say about our future?
- But then ChatGPT appears to show more empathy than doctors so there is that
- Perhaps Barclays could learn to empathise with victims of fraud for a change?
If you enjoyed the show, please do share a link across socials to help us grow and don’t forget to SUBSCRIBE to be notified of the next episode!
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.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...