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Waiting for the PayPal of mobile payments

I had an interesting dialogue over lunch yesterday. One of my colleagues had just got his iZettle dongle. iZettle is a Square for Europe, offering Chip & Signature payments on smartphones (Square reads the mag stripe). It was originally going to be Chip & PIN, but the PIN terminal detail is too costly to rollout…

Izettle

Why is Wall Street called Wall Street?

Did you ever wonder why Wall Street is called Wall Street? We all talk about Occupy Wall Street, an area of downtown New York that stretches across eight blocks from Broadway to South Street on the East River in Lower Manhattan. Over time, the phrase has come to symbolise the financial markets of the United…

Wall Street

Why is Wall Street called Wall Street?

Did you ever wonder why Wall Street is called Wall Street? We all talk about Occupy Wall Street, an area of downtown New York that stretches across eight blocks from Broadway to South Street on the East River in Lower Manhattan. Over time, the phrase has come to symbolise the financial markets of the United…

Wall Street

How will the world look post-crisis?

I’ve been debating some future presentations with various folks today, and a little ray of light went off in my head. The light was triggered by a comment: “can you talk about what impact regulatory change may have on bank to corporate relationships using examples historically?” The question was really asking about the unintended impact…

Pest-analysis

How will the world look post-crisis?

I’ve been debating some future presentations with various folks today, and a little ray of light went off in my head. The light was triggered by a comment: “can you talk about what impact regulatory change may have on bank to corporate relationships using examples historically?” The question was really asking about the unintended impact…

Pest-analysis

How The City Developed, Part Fourteen: Crisis

This is the final part of a series about how the City of London developed its financial prowess and system.  Previous entries include: Part One: The Romans Part Two: The Vikings Part Three: Medieval Times Part Four: The Tudors Part Five: The Stuarts Part Six: The Bank of England Part Seven: Lloyd's of London Part…

G_foreign_exchange_market_turnover

How The City Developed, Part Fourteen: Crisis

This is the final part of a series about how the City of London developed its financial prowess and system.  Previous entries include: Part One: The Romans Part Two: The Vikings Part Three: Medieval Times Part Four: The Tudors Part Five: The Stuarts Part Six: The Bank of England Part Seven: Lloyd's of London Part…

G_foreign_exchange_market_turnover

How The City Developed, Part Thirteen: The Big Bang

By the 1970s, the City had re-established its position of prominence thanks to trading in Eurocurrency and the increasing volume of trading in securities, but it lagged behind the rest of the world, particularly New York, due to its very traditional way of operating. The markets were based upon a structure that was 150 years…

Trarders

How The City Developed, Part Thirteen: The Big Bang

By the 1970s, the City had re-established its position of prominence thanks to trading in Eurocurrency and the increasing volume of trading in securities, but it lagged behind the rest of the world, particularly New York, due to its very traditional way of operating. The markets were based upon a structure that was 150 years…

Trarders

How The City Developed, Part Twelve: After World War II

Britain came out of the Second World War a weaker nation.  The economy was in ruins, as was much of Europe’s economies, and it owed $3.5 billion to the USA as a result of a loan in 1946 which was only repaid in 2006, sixty years later. The declaration of independence of India in 1947 began…

BWC2252-01

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