Opinion

Feb 26, 2009

Banks Wanted – Dead or Alive!

Yesterday, I gave a presentation on the future of banking. This is because I specialise in the future of banking. When I say that I specialise in the future of banking, most people ask: “is there one?” An awful lot of people think there is no future in banking but they are wrong. Of course there…

Feb 24, 2009

Robbing the prudent to protect the irrational

The UK's Financial Services Compensation Scheme (FSCS) was increased over the weekend by law from £35,000 to £50,000. This means that for any banking collapse in the future, savers and depositors get their money back within seven days guaranteed, regardless of their loans and borrowings. This is meant to restore some confidence in the system,…

Feb 24, 2009

Robbing the prudent to protect the irrational

Feb 23, 2009

Will the last to leave the City turn out the lights?

I stumbled across a photographer on the Boston Globe's excellent Big Picture yesterday. The photographer lives in Britain and his name is Jason Hawkes. Jason's really into aerial photography and his images of the City by night are quite stunning. He's also given me permission to present a few of his shots here, so here…

Feb 22, 2009

The New Economics of Banking

This is my fifth posting about why banking will be free (Parts One, Two,Three and Four). I keep talking about this as it's clarifying my own thinking, and I'm intrigued to see if anyone wants to come up with an alternative. This posting comes around because I was thinking about Banking on the Network and…

Feb 20, 2009

Can banks twitter?

This year's social networking phenomena has to be Twitter. Ever since Janis Krums posted the first photo of the US Airways plane landing on the River Hudson on Twitter, everyone has been talking about it. From its creation in 2006, it has now become a mainstream tool for blackberriers, mobilers and netters. What's it all…

Feb 20, 2009

Can banks twitter?

Feb 17, 2009

Let bad banks fail

I was invited to Ireland this week to join a debate at the University College Cork's Philosophical Debating Society. The Debate was entitled: This House Believes That We Should Let Banks Go To the Wall, as in banks should die if they are failing. This is well illustrated by the poster advertising the debate: Viva…

Feb 16, 2009

Is Moore Brown’s nemesis?

What a week was last week. HBOS's former executives on the back foot over risk management procedures whilst whistleblower and former Group Head of Risk at HBOS, Paul Moore, packs a few sucker punches to say no-one listened to his warnings about leverage. One person in particular ignored and then sacked Mr. Moore: Sir Jim…

Feb 16, 2009