Chris Skinner's blog

Shaping the future of finance

Opinion

The new EU regulator and liquidity risk

The de Larosière Group published a report on EU financial supervision yesterday.  The report covers lots of stuff about liquidity risk, regulation and supervision, including the rejection of any need for a single European regulator (ECB won’t like that one) and the strengthening of the current key authorities: CEBS, CEIOPS and CESR. These will be…

The new EU regulator and liquidity risk

The de Larosière Group published a report on EU financial supervision yesterday.  The report covers lots of stuff about liquidity risk, regulation and supervision, including the rejection of any need for a single European regulator (ECB won’t like that one) and the strengthening of the current key authorities: CEBS, CEIOPS and CESR. These will be…

Have I got old news for you …

Today's news headline:  RBS pension deal 'not justified' (BBC) – "The size of former RBS chief Sir Fred Goodwin's pension is not justified, Scottish First Minister Alex Salmond has told Holyrood." One of hundreds of news items criticising the £693,000 pension (today's figures) Sir Fred Goodwin will receive from Royal Bank of Scotland. News headline,…

Have I got old news for you …

Today's news headline:  RBS pension deal 'not justified' (BBC) – "The size of former RBS chief Sir Fred Goodwin's pension is not justified, Scottish First Minister Alex Salmond has told Holyrood." One of hundreds of news items criticising the £693,000 pension (today's figures) Sir Fred Goodwin will receive from Royal Bank of Scotland. News headline,…

Have I got old news for you …

Today's news headline:  RBS pension deal 'not justified' (BBC) – "The size of former RBS chief Sir Fred Goodwin's pension is not justified, Scottish First Minister Alex Salmond has told Holyrood." One of hundreds of news items criticising the £693,000 pension (today's figures) Sir Fred Goodwin will receive from Royal Bank of Scotland. News headline,…

Have I got old news for you …

Today's news headline:  RBS pension deal 'not justified' (BBC) – "The size of former RBS chief Sir Fred Goodwin's pension is not justified, Scottish First Minister Alex Salmond has told Holyrood." One of hundreds of news items criticising the £693,000 pension (today's figures) Sir Fred Goodwin will receive from Royal Bank of Scotland. News headline,…

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…

PEST

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…

PEST

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…

PEST

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,…