I blogged about the Whitechapel Think Tank last week and Simon Taylor, Vice President for Entrepreneurial Partnerships at Barclays, opened the evening with some really interesting slides about blockchain technologies and their potential in Financial Services. Simon pointed out that: Banks spend near Google levels of $ on IT without as much productivity Banks are facing ever…
Things we're reading today include … China just uncovered a $64 billion 'underground bank' Deutsche Bank tests password-free mobile security We'd support HSBC leaving London, says Standard Life Chinese brokerage's shares plunge after CEO disappears Cyber theft hits one in five consumers Inadequate dirty money regulation 'leaves UK open to terror funds': report Traffic-light bank…
Our main stories this week include … Where is the banks’ tipping point? I had an interesting discussion about change in the banking markets again the other day. We were citing emerging new players like Square, Stripe, Klarna and Lending Club, as well as players that have already emerged like PayPal and Apple Pay. In…
Things we're reading today include … Young 'to be poorer than parents' RBS scraps bonuses for bank staff Singapore bourse challenges old obstacles with new bond trading system Mortgage lending 'strongest since 2008' The demise of HBOS: The demise of HBOS: How it happened 'Moral Hazard': the two missing words that rob HBOS report of…
Things we're reading today include … Power List 2015: The 50 most influential people in the world The demise of HBOS: How it happened Bankers and politicians braced for long-delayed HBOS report HBOS’s former chiefs face fresh scrutiny FCA to scrutinise competition in £6.8 trillion asset management industry UK fund managers brace for hit on…
Things we're reading today include … Epayments a guide to alternatives to cash Citi trader sacked after forex rigging probe wins unfair dismissal case City of London's tallest skyscraper yet: the Pinnacle site on Bishopsgate will see building taller than the Gherkin and the Heron tower Chinese search engine Baidu looking to launch banking service…
Things we're reading today include … The top 100 brands for millennials Nationwide taps Garner’s tech talents Banks' crime fighters want to quit their jobs Paris attacks threaten stocks and Europe’s fragile recovery Bureaux de change pay the price as money-laundering rules bite Payday credit checking firm pulls out of the UK Clydesdale Bank goes…
Things we're reading today include … Robots threaten 15m UK jobs, says Bank of England's chief economist Standard Chartered chief executive Bill Winters buys another £1m in bank's shares End of ‘Too-Big-to-Fail’ Banking Era Endorsed by World Leaders Tyrie to warn Bank of threat to bond market as liquidity falls We must keep UK banking…
Our main stories this week include … Greece is the word I receive a few infographics and don't publish all of them, but found this one very interesting. It portrays the current situation in Greece, which we all know has been suffering badly from the Sovereign Debt crisis and subsequent economic fallout. Key headlines include: The…
Things we're reading today include … Co-op Bank shows signs of recovery after near-collapse A sorry tale of how the cap on bankers' bonuses backfired Mario Draghi: ECB chief signals further monetary easing as deflation fears grow Banks expected to adopt new technologies rather than be overrun British banks ordered to stop dodging bonus cap…
