Opinion

Aug 12, 2009

MiFID’s progress: slow, but sure

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

Aug 12, 2009

MiFID’s progress: slow, but sure

Aug 12, 2009

MiFID’s progress: slow, but sure

Aug 11, 2009

Why banks have no competition

Over the past few weeks, I've been posting a blog each week about social networking themes in the build up to the big bank tradeshow, SIBOS. First, I argued that banks don't innovate, and then I put forward the reasons why social networks are relevant to banks. Nevertheless, although I regularly blog about social networks…

Aug 3, 2009

UK banks give thanks for fair value accounting

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…

Aug 3, 2009

UK banks give thanks for fair value accounting

Jul 28, 2009

Why banks aren’t lending

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…

Jul 28, 2009

SIBOS #1: Why banks don’t get innovation

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…

Jul 28, 2009