Our biggest stories of the past week are … What is the 'digital core' for a bank? I’ve been talking about banks replacing their legacy mess with a digital core for a while now. Rearchitect your bank by getting rid of spaghetti based systems organised around products and channels to market, and redesign them for…
Things we're reading today include … RBS hit with £56m fine for IT breakdown RBS fined £56m over computer failure VIDEO: 'This was a really serious failure' Third Wonga chief fails to last the year Wonga boss quits after five months Wonga loses third chief executive in disastrous year Square to launch Register app worldwide…
Things we're reading today include … RBS hit with £56m fine for IT breakdown RBS fined £56m over computer failure VIDEO: 'This was a really serious failure' Third Wonga chief fails to last the year Wonga boss quits after five months Wonga loses third chief executive in disastrous year Square to launch Register app worldwide…
Things we're reading today include … Coining it in: banking industry culture promotes dishonesty, research finds Biggest bank account bribe ever RBS fined £50m for 2012 computer chaos Jail threat is biggest deterrent for bad bankers, says Bank of England official Thousands join Lloyds investor lawsuit over HBOS takeover ANZ bank suspends seven traders First…
Things we're reading today include … Snapcash: Snapchat introduces mobile payment system to make your money disappear Snapchat and Square to launch Snapcash Bank of England's Mark Carney says crooked bankers should have pay and bonuses slashed to avoid wrongdoing Bonds that will pay out only if they behave might make for better bankers Mark…
Things we're reading today include … Apple now worth more than the entire Russian stock market Seven big U.S. companies paid CEOs more than Uncle Sam in 2013: study UK exit getting closer says Clydesdale Bank owner Mark Carney: Bankers' pay may need to be clawed back France challenges Germany over eurozone stimulus Northern Rock's…
Things we're reading today include … Hedge fund rules make financial system fragile Spotlight falls on Europe's stuttering economy How savers lost £7bn a year to the currency rigging scandal Waiting for a call from Lloyd Blankfein: How Goldman picks its partners The $375 billion Europe wants to invest but doesn't have Regulators to focus…
Our biggest stories of the past week are … Banks told to watch out for small competitors I was going to write a long blog about SWIFT today, but it makes more sense to post tomorrow after seeing a report by journalist Richard Meadows, who summarised my latest presentation well. Will Bitcoin replace SWIFT? Apparently,…
Things we're reading today include … Credit Suisse’s Sheftel joins fast trading Virgin Money prices shares at 283p Virgin Money float values bank at £1.25bn Richard Branson makes bankers millions in Virgin float LSE to conclude Russell deal within weeks Standard Chartered chief: I'm not going anywhere British report raises questions about ties between currency…
Things we're reading today include … Credit Suisse’s Sheftel joins fast trading Virgin Money prices shares at 283p Virgin Money float values bank at £1.25bn Richard Branson makes bankers millions in Virgin float LSE to conclude Russell deal within weeks Standard Chartered chief: I'm not going anywhere British report raises questions about ties between currency…
