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…
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…
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…
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…
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…
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…
I've just uploaded my latest presentation on Banking as a Service, which was presented for the first time in Bahrain this week. This is therefore, in effect, my fourth posting about why banking will be free, or razorblade margins anyway. You can read Parts One, Two and Three first if you want, but you should…
Intraday Liquidity is a term that would mystify some, but is one of the core issues of today as this is a liquidity crisis. Liquidity is the ability of a bank to meet its payment obligations by being able to identify those assets that can be quickly converted to cash. Intraday Liquidity is therefore the…
Intraday Liquidity is a term that would mystify some, but is one of the core issues of today as this is a liquidity crisis. Liquidity is the ability of a bank to meet its payment obligations by being able to identify those assets that can be quickly converted to cash. Intraday Liquidity is therefore the…
After the banking leaders apologies in government hearings, I think I also have to apologise to my friends in the banking industry. The apology is for the fact that many of us have spent months now writing stinking anecdotes about bankers, the banking system and how rotten some of it is. All of this acrimony…
