Blog Index

Our biggest stories of the past week are … KYC, Laundering and Regulators: a Lose-Lose Situation I chaired a meeting today about KYC: Know Your Customer.  KYC is a wonderful thing that is debated in many financial circles and is an area that I could blog about for two minutes, but I think I need…

Our biggest stories of the past week are … European Union means Banking Union, but what does it mean for the City of London? We had our usual first footing for the Financial Services Club this week, with an illuminating update from David Doyle, Policy Adviser on all things related to EU Financial Legislation.  The…

Our biggest stories of the past week are … Welcome to 2014 with a few wild predictions … Hello everyone and welcome to 2014. The teenies, as this decade is known, is becoming a fascinating decade of change. From fundamental change in the economic and political world, thanks to the financial crisis of 2008, to…

Our biggest stories of the past week are … The story of the official Financial Services Club's Bear! The Financial Services Club finished the year with a party, of course. This party was at one of the ancient livery companies of London, the Wax Chandler’s Hall (what’s a wax chandler?), and dedicated to the newly…

Our biggest stories of the past week are … What role for banks in a sharing economy of social capitalism? I was struck yesterday, as I presented my themes around Digital Bank at a conference, that there’s one area I’ve discussed for a long time, but not blogged about much in-depth. That is the collision…

Our biggest stories of the past week are … The relationship between Bitcoin and Mount Everest We were talking about Bitcoin yesterday at the Financial Services Club Vienna, and there was a great dialogue about the difficulties of buying and then using Bitcoins. I’ll talk more about the practicalities and details of that conversation later…

Our biggest stories of the past week are … The relationship between Bitcoin and Mount Everest We were talking about Bitcoin yesterday at the Financial Services Club Vienna, and there was a great dialogue about the difficulties of buying and then using Bitcoins. I’ll talk more about the practicalities and details of that conversation later…

Our biggest stories of the past week are … What did you say, Pa? I know there are so many jokes about SEPA that it's hard to come up with a new one but, with the title of this blog, I had to try.  Others include je ne SEPA for the French and the euro…

Our biggest stories of the past week are … “If I had more time, I would have written a shorter regulation” We were discussing rules and regulations recently, and how the rulebook screws up all meaning and intention of the things they are trying to enforce. It’s not the regulators fault, but the fault of…