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Search Results for: america new banks

Banks waste billions on digital

How much money is wasted by banks on digital? I wonder whether, one day, anyone will work out how much money has been wasted by banks on digital technologies. Various reports reckon that banks spend anything from half a trillion dollars a year on tech to over a trillion. Two …

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Why banks don’t die

Have you noticed how people talk about disruption more and more, and note the collapse of companies like Blockbuster, Kodak, Nokia and Thomas Cook? In fact, there are more companies entering and leaving the stock market lists than ever before, with the average tenancy now under two decades compared to …

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Are banks funding our extinction?

Readers of my blog may have realised that, over recent years, I’ve become a little bit passionate about saving the world. It’s our world. It’s the only one we’ve got. I’m quite keen to keep it here for that reason. Whilst coronavirus, disease and pandemics drive our thinking, we should …

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Don’t bet against the American dollar

Talking of politics and, after my piece last week about the possibility that Chinese infrastructure could replace our European (SWIFT) and American (Visa) operations Kathleen Tyson, a good friend and member of the Financial Services Club, piped up and said: Don’t give up on the American dollar that easily. She …

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Are banks too full of testosterone?

There’s no logical reason for this, but I’ve decided the second week of June is women’s week. It’s a week to celebrate diversity, or the lack of diversity, in finance and technology. So, this week’s blogs are all about women and finance and technology. To start with, let’s look at …

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Here’s what the new normal looks like

There’s lots of talk about civil unrest, an unjust society, the need for a universal basic income, a change in attitude towards everything from capitalism to socialism to democracy to inclusion. Good discussions but hard to know how it plays out. In many countries, people are suffering so much. They’re …

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