Future

After West Side Story, the Sharks got over the Jets and are now targeting the Gorillas. Actually nothing to do with music or film, we’re talking banks. Back in the 1950s you had large banks (Sharks) being run around by small banks (Jets) who were nimbler and quicker … so the large banks acquired them…

Each year, I try to start the year with a few predictions of what will happen.  Last year proved to be pretty accurate, although it was playing fairly safe. This year is fuzzier in outlook, with not a great deal of obvious trends emerging. But a few that seem likely are: Certainty in the economy…

Back in January, I made five firm predictions for banking in 2009. Those predictions were: More major European and American banks disappear There will be some spectacular failures in the BRIC economies A Global Financial Regulatory Body is formed The US will drop IFRS Solvent banks gain major market share. So what happened? 1) More…

There have been many attempts to create the branch of the future (Accenture, IBM, John Ryan … Deutsche Bank, Barclays Bank, Umpqua Bank …), and so I was intrigued to hear that Sberbank in Russia had made a major investment in creating a flagship branch in Moscow. I meant to drop in during my recent…

With the news that the cheque will end its life as a valid payments instrument in the UK on 31st October 2018, it's worth reminding all that it's not just old people who use them: But that the main usage is with businesses, who want to keep cheques. Because they like them for cashflow management….

In the final part of this discussion of risks and opportunities in CEE, I was asked to give a view (see if you can spot me).   So here’s my brief summary: What are the risks for the next year or two? First, we are still in the middle of what I call the internet,…