Opinion

So the Vickers Report has finally crept out into the wilderness. All 358 pages of it. Half of it talks about how to increase the competitiveness of banking and the other half about what to do if a bank fails in another crisis. The latter has garnered all the news headlines, whist the former has…

I mentioned I was in Iceland last week, and was interested to find out what the banks were thinking. We only ever hear of Iceland’s woes and troubles, and so the ability to see first-hand what was happening to the banks was one that could not be ignored. According to Wikipedia, there are only a few…

I mentioned I was in Iceland last week, and was interested to find out what the banks were thinking. We only ever hear of Iceland’s woes and troubles, and so the ability to see first-hand what was happening to the banks was one that could not be ignored. According to Wikipedia, there are only a few…

I’ve written about the end of privacy before, but now the big news in the UK is that privacy is a joke. There is no such thing. For example, we had a court of law here that could implement superinjunctions to stop the media leaking information about people’s private lives. Major stars of media, sport…

Mobile featured heavily throughout the International Payments Summit and it is clear that mobile is not only important; it is imperative. This was made loud and clear by a comment from Daniel Marovitz of Deutsche Bank that it used to be that online and offline worlds were separate because, to make an online payment, you…

After the bank reporting season in the UK last week, the most notable row that has emerged – alongside bonuses and a lack of lending – is the lack of taxes banks pay. Banks are remarkably adept at being tax efficient – or should we say, tax avoiders – and this has been known for…