The UK banks announce their half year results this week (results are provided at the end of this entry, as they are released). And the results look good. Not great, but good. This follows on the US banks second quarter results, with Goldman Sachs reporting record profits that were twice as good as expected, and…
I had a few calls yesterday to talk about what’s going on between the Chancellor, Alistair Darling, and the banks. Oh yes, and Peter Mandelson was in there somewhere. It was all to do with their bigwig government meeting yesterday, where the government was giving banks a grilling about why they're not lending enough to…
So it’s six weeks until SIBOS and, at SIBOS, I’m participating in a stream all about innovation called innotribe. Innotribe is going to be a hotbed discussion of new things in banking, particularly new disruptive technologies such as cloud computing, mashups and crowdsourcing. To be honest, all of those interest me, but most banks are…
So it’s six weeks until SIBOS and, at SIBOS, I’m participating in a stream all about innovation called innotribe. Innotribe is going to be a hotbed discussion of new things in banking, particularly new disruptive technologies such as cloud computing, mashups and crowdsourcing. To be honest, all of those interest me, but most banks are…
So it’s six weeks until SIBOS and, at SIBOS, I’m participating in a stream all about innovation called innotribe. Innotribe is going to be a hotbed discussion of new things in banking, particularly new disruptive technologies such as cloud computing, mashups and crowdsourcing. To be honest, all of those interest me, but most banks are…
After talking about Wall Street's liquid workers, liquidity risk, liquidity reporting and liquidity management on several occasions, we had a big debate about it in the Financial Services Club a couple of weeks ago. It interests me because it is such a wide-ranging subject. For example, liquidity in trading is all about having liquid assets…
We go around trying to find someone to blame for the financial crisis. Some choose Alan Greenspan, others George W., some Bill Clinton and one or two even blame David Bowie, but my leading contender has to be Henry 'Hank' Paulson. First, as head of the US Treasury, it was his decision to let Lehmans…
We go around trying to find someone to blame for the financial crisis. Some choose Alan Greenspan, others George W., some Bill Clinton and one or two even blame David Bowie, but my leading contender has to be Henry 'Hank' Paulson. First, as head of the US Treasury, it was his decision to let Lehmans…
McKinsey publish regular articles and research that stimulates the little grey cells. For example, this week they ask the question: "will Asia become the center for innovation in the 21st century?" This is a timely discussion, as it fits with the work I'll be delivering at SIBOS this year, bearing in mind that SIBOS is…
McKinsey publish regular articles and research that stimulates the little grey cells. For example, this week they ask the question: "will Asia become the center for innovation in the 21st century?" This is a timely discussion, as it fits with the work I'll be delivering at SIBOS this year, bearing in mind that SIBOS is…
