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Greenwashing the system: which banks are worst?

Worried I’m becoming a tree-hugger as this blog seems to return to how banks put profits before people more and more often. Nevertheless, here are the facts: Banks have invested $3.8 trillion into fossil fuels since the Paris Agreement came into force on 4 November 2016  … Which banks? JP …

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Today is Money Rebellion Day

The climate activists of Extinction Rebellion expanded recently into a Money Rebellion, as I blogged about last Friday. Targetting the banks that pollute the planet – specifically Barclays and HSBC in the UK – they will hold a range of protests today, gluing themselves with locks to the entrance to …

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Are most ESG efforts just PR stunts?

I wrote two years ago about the BS that Blackrock talk about the climate. I mentioned this issue again in my update on the Money Rebellion last week and what really makes me angry is that  financial firms like Blackrock sign up to global agreements to protect the environment, and …

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The world according to Jamie Dimon

I read Jamie Dimon’s shareholder letter with interest this week. His message does not read like a shareholder letter from a banker …   Banks “are facing extensive competition from Silicon Valley, both in the form of fintechs and Big Tech companies (Amazon, Apple, Facebook, Google and now Walmart), that …

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The links between purpose, digital and leadership

As mentioned the other day, I’m focused upon purpose-driven banking these days. I guess this theme has come to the fore because of digital transformation, as the two seem to go hand-in-hand, and it sits at the heart of leadership. These themes were reinforced for me when Jim Marous sent …

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Failure is the best thing for you

One of my most popular blogs, which surprised me, was when I wrote about how redundancy was the best thing that ever happened to me. It’s true. I learned more from failure than I ever learned from success. I learn more from hardship than I ever learn from complacency. It’s …

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Are banks funding our extinction?

Readers of my blog may have realised that, over recent years, I’ve become a little bit passionate about saving the world. It’s our world. It’s the only one we’ve got. I’m quite keen to keep it here for that reason. Whilst coronavirus, disease and pandemics drive our thinking, we should …

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What’s next, after digital?

I was invited to do a keynote for a Canadian conference the other day, but on a subject different to my normal digital stuff. The theme was sustainable finance. I decided to take a different tack and talk about my other big passion: purpose-driven banking. Here’s the presentation and transcript. …

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