Future

Many of us thought it a bit weird that Gordon Brown suggested bringing back the Tobin Tax last weekend during the G20 summit.  The idea is to tax every financial transaction, just a little bit, one or two cents on each … this way you can build up a fund …

Many of us thought it a bit weird that Gordon Brown suggested bringing back the Tobin Tax last weekend during the G20 summit.  The idea is to tax every financial transaction, just a little bit, one or two cents on each … this way you can build up a fund …

My good friend Conny Dorrestijn shared this article she wrote on teenager's views on money and banking.  I thought it so good that it's worth sharing here: Sitting in the hotel bar of a conference I recently attended on payments, I pondered with my colleagues “Are we sure we are …

My good friend Conny Dorrestijn shared this article she wrote on teenager's views on money and banking.  I thought it so good that it's worth sharing here: Sitting in the hotel bar of a conference I recently attended on payments, I pondered with my colleagues “Are we sure we are …

I'm in the middle of writing a long speech for Gresham College which I shall present on Wednesday evening.  The title of the speech is: "Are Bankers Good or Bad for Society?" which we agreed way back in February. However, in light of Lord Turner's comments last month, this title …

I'm in the middle of writing a long speech for Gresham College which I shall present on Wednesday evening.  The title of the speech is: "Are Bankers Good or Bad for Society?" which we agreed way back in February. However, in light of Lord Turner's comments last month, this title …

I’ve attended quite a few conferences in the past month and was reflecting on the different themes they explored. The four that stand out most clearly are: risk management, regulatory reform, operational efficiency and innovation. Contemplating what each of these mean in practice makes you realise how difficult a job …

In the securities settlement markets, we’ve spent years trying to break down barriers to clearing and settlement … and most of those barriers are still there. We wonder what to do about it? And regulation seems the only answer. Or is it? As we look at innovations in payments (retail, …

In the securities settlement markets, we’ve spent years trying to break down barriers to clearing and settlement … and most of those barriers are still there. We wonder what to do about it? And regulation seems the only answer. Or is it? As we look at innovations in payments (retail, …

A few folks seem to disagree with my assertion that branch-based banking is dead, but they may have misinterpreted my assertion as being branches are dead. They’re not. Branches are very much alive and kicking … just not as transaction centres. Branches are sales centres. And it is for this …

A few folks seem to disagree with my assertion that branch-based banking is dead, but they may have misinterpreted my assertion as being branches are dead. They’re not. Branches are very much alive and kicking … just not as transaction centres. Branches are sales centres. And it is for this …

During the Infosys conference this week, the hosts constantly asked the audience to vote on a variety of questions about innovation. The organisers did say that they had wondered whether innovation was the right subject to focus upon this year, considering that for some it would be the last thing …

During the Infosys conference this week, the hosts constantly asked the audience to vote on a variety of questions about innovation. The organisers did say that they had wondered whether innovation was the right subject to focus upon this year, considering that for some it would be the last thing …

I spent all day yesterday with a group of bankers in Portugal. Why? Well, it is the annual Infosys customer conference and they were kind enough to invite me over to give a keynote, which I will post here shortly. It was also run under Chatham House rules … so …

For years, I’ve played poker with matches and chips rather than coins and notes. We accept that a match can be ten cents or a chip is a dollar or more. We don’t need real money to know our exchange rates. Now, this basic idea is being replicated in social …