Shaping the future of finance
Overheard this week, a conversation between a bank’s CIO (the Technogeek), CFO (Mr. Bean) and CEO (The Governor). TECHNOGEEK: So times are tough and we need to manage costs. I suggest we do that by using cloud computing and software-as-a-service tools. THE GOVERNOR: Can you talk English, technogeek? TECHNOGEEK: Sorry, Governor. What I’m talking about…
Today seems to be a day about future trends. For example, I stumbled across a great discussion about the future of the internet with Google CEO Eric Schmidt: This is a 45 minute interview with Mr. Schmidt at a Gartner Symposium in the USA last year. Key comments from the interview, identified by Read-Write Web,…
I know that many of you will have read the story already but, just in case, it is worth posting here for posterity and for the record. LONDON, ENGLAND, April 03, 2010 /24-7PressRelease/ — Gamestation has discovered that more than 88% of the British public do not read the terms and conditions of a website…
Going back to the idea that a bank could offer a widget-based business model of functionality and that everything these days is free, makes me realise exactly what tomorrow’s bank will look like. The thought struck me yesterday when I took my brother-in-law’s lad to see Clash of the Titans – more my thing than…
Story breaking in the USA this week is all about Washington Mutual (WaMu), the Seattle-based mortgage bank closed down by the FDIC in September 2008 to be taken over by Bank of America. What a difference a year or two makes. In 2006, just two years before their collapse, an employee annual jamboree for the…
I hope you all had a lovely Easter break. I know I did. Lots of chocolate, reading, walking and sleep. Eating, drinking, chocolate and chat. TV, driving, thinking and chocolate. Wonderful. During my reading I came across this, first published in the magazine Punch back in April 1957. It’s a classic and worth everyone taking…
I'm sure you realised this was an April Fool … or was it? The Wall Street Journal reports this week that "U.S. and European governments are moving toward a consensus on taxing large banks to cover the cost of any future bailouts rather than asking taxpayers to foot the bill, as happened regularly in past…
Don’t get me wrong, I love France and most things French, particularly the South of France and the Cote d’Azur, Tourettes-sur-Loop, Bordeaux and Provence. Beautiful. But get me to Paris and my love affair with France always seems to fly out of the window. Take my latest trip, by way of example. First thing that…
