This is the third part in a series that looks at whether bankers are good or bad for society: Part One: Why Bankers are essential for society Part Two: A Bankers pivotal role between good and bad Part Three: A Bankers' role in religion Part Four: Bankers in historical booms and busts Part Five: Bankers…
This is the second in a six part series studying whether bankers are good or bad for society: Part One: Why Bankers are essential for society Part Two: A Bankers pivotal role between good and bad Part Three: A Bankers' role in religion Part Four: Bankers in historical booms and busts Part Five: Bankers today…
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 is more prescient than ever….
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 is more prescient than ever….
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 banks have on their hands…
There are really conflicting needs in banking today, which are hard to break. The result is that many banks are suffering from a form of schizophrenia where they want to be two organisations in one. The first organisation is nice and cuddly, customer loving and smiley. The second is a bad tempered, suspicious, customer hating…
