Chris Skinner's blog

Shaping the future of finance

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The Finanser’s Week: 29th April – 5th May 2013

Our biggest stories of the past week are … Bank customers: vulnerable victims or gullible gimps? I must admit, having listened to Jeremy Roe regarding banks mis-selling swaps contracts along with Which? and the leader of bank employee union Unite talking about how general staff and customers feel about mis-selling, I’m a little bit cynical….

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Things worth reading: 3rd May 2013

Things we're reading today include … City culture saw bankers accept ‘holidays and prostitutes in return for lucrative deals’ Warren Buffett Twitter followers jump Financial industry sceptical about watchdog RBS reports £826m return to profit Metro current accounts are in demand Activist investor Knight Vinke calls for break up of UBS City turns to lasers…

Things worth reading: 2nd May 2013

Things we're reading today include … Metro Bank losses pass £100m in just three years UK taxman faces court challenge over Goldman 'sweetheart deal' Judges to rule on tax deal with bank Visa enjoys upbeat quarter, MasterCard lags MasterCard lifted by credit card spending Rivals charm RBS over Rainbow sale Google gives Lending Club a…

Things worth reading: 1st May 2013

Things we're reading today include … Market baffled by 700pc rise in Bankia shares Judge questions fraud statute's use against Bank of America RBS fined over claims it misled customers Deutsche Bank surges on share issue Taxpayer-backed Lloyds share price jumps as it records £1.5bn profits – compared with loss of £5m this time last…

Things worth reading: 30th April 2013

Things we're reading today include … Lloyds sees profits rise to £2bn Lloyds offloading Spanish branches after Verde blow Barclays wins Libor appeal in £70m mis-selling case Santander chief Saenz steps down Santander springs surprise in Marin UBS posts strong first-quarter on trading income surge Swiss bank UBS returns to profit Deutsche Börse hit by…

Things worth reading: 30th April 2013

Things we're reading today include … Lloyds sees profits rise to £2bn Lloyds offloading Spanish branches after Verde blow Barclays wins Libor appeal in £70m mis-selling case Santander chief Saenz steps down Santander springs surprise in Marin UBS posts strong first-quarter on trading income surge Swiss bank UBS returns to profit Deutsche Börse hit by…

Things worth reading: 29th April 2013

Things we're reading today include … Monday Interview: All-American shake-up comes to UK banking Accountants are braced for attack over bank audits Irish bank regulator set to join Lloyds Deutsche Bank has "zero tolerance" for tax evaders: CEO UK companies accused of money laundering in Magnitsky probe RBS investment arm 'its key weakness' Bank lending…

The Finanser’s Week: 22nd April – 28th April 2013

Our biggest stories of the past week are … Why banks struggle with partnering in mobile finance Following on from yesterday’s blog about the challenge of taking a vertically integrated bank and breaking it into pieces that can be assembled as part of an alternative service, such as a mobile app, reminded me of the…

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Things worth reading: 26th April 2013

Things we're reading today include … UKFI boss Jim O'Neil quits to rejoin Bank of America Merrill Lynch UK Financial Investments boss Jim O’Neil quits, leaving Government with banking sell-off headache Q. Have You Heard About Spark Pay from Capital One? Analysis: Centuries-old Vienna bourse seeks lifeline in Warsaw Santander bank profits fall 26% Barclays…

Things worth reading: 26th April 2013

Things we're reading today include … UKFI boss Jim O'Neil quits to rejoin Bank of America Merrill Lynch UK Financial Investments boss Jim O’Neil quits, leaving Government with banking sell-off headache Q. Have You Heard About Spark Pay from Capital One? Analysis: Centuries-old Vienna bourse seeks lifeline in Warsaw Santander bank profits fall 26% Barclays…