Chris Skinner's blog

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The Finanser’s Week: 2nd November 2009 – 8th November 2009

The biggest news stories of the week include: Single Euro Payments Area (SEPA): cross-border direct debits now a reality (Europa)Taxpayers hit for £28.7bn more amid banks break-up (Independent)FSA's Lord Turner: splitting banks will make sector more risky (Telegraph)The Kroes UK’s banks have to bear (Evening Standard) Profit `Not Satanic,’ John Varley, CEO of Barclays Says…

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Things worth reading: 6th November 2009

Things we're reading today include …  Today's must read Infosys released a couple of major reports this week on banking innovation. The first is a survey by the US BAI of 116 senior bankers (12 page report), whilst the other is a survey by Europe’s EFMA of 89 banks in 26 countries (76 page report)….

Cisco

Things worth reading: 5th November 2009

Things we're reading today include … Today's must read According to Gartner, "financial services firms' IT budgets fell by 8.3% between 2008 and 2009, meaning the banks have cut their budgets more than other industries, and saw spending fall by 6.8% year-on-year." Whose IT budget has been hit the hardest? (Silicon) According to Celent, although…

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Things worth reading: 5th November 2009

Things we're reading today include … Today's must read According to Gartner, "financial services firms' IT budgets fell by 8.3% between 2008 and 2009, meaning the banks have cut their budgets more than other industries, and saw spending fall by 6.8% year-on-year." Whose IT budget has been hit the hardest? (Silicon) According to Celent, although…

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Things worth reading: 5th November 2009

Things we're reading today include … Today's must read According to Gartner, "financial services firms' IT budgets fell by 8.3% between 2008 and 2009, meaning the banks have cut their budgets more than other industries, and saw spending fall by 6.8% year-on-year." Whose IT budget has been hit the hardest? (Silicon) According to Celent, although…

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Things worth reading: 4th November 2009

Things we're reading today include … UK Bank Breakup Taxpayers hit for £28.7bn more amid banks break-up (Independent)RBS to axe 3,700 ahead of EU carve-up plan (Independent)Lloyds and RBS cut down to size (BBC)Darling hails Lloyds and RBS move (BBC)Darling defends bank reforms and £39bn infusion as good value (Guardian)RBS and Lloyds and the future…

Cisco

Things worth reading: 4th November 2009

Things we're reading today include … UK Bank Breakup Taxpayers hit for £28.7bn more amid banks break-up (Independent)RBS to axe 3,700 ahead of EU carve-up plan (Independent)Lloyds and RBS cut down to size (BBC)Darling hails Lloyds and RBS move (BBC)Darling defends bank reforms and £39bn infusion as good value (Guardian)RBS and Lloyds and the future…

Cisco

Things worth reading: 4th November 2009

Things we're reading today include … UK Bank Breakup Taxpayers hit for £28.7bn more amid banks break-up (Independent)RBS to axe 3,700 ahead of EU carve-up plan (Independent)Lloyds and RBS cut down to size (BBC)Darling hails Lloyds and RBS move (BBC)Darling defends bank reforms and £39bn infusion as good value (Guardian)RBS and Lloyds and the future…

Cisco

Things worth reading: 3rd November 2009

Things we're reading today include … Restructure of banking sector set to cost taxpayer and extra £40 billion (Times) FSA's Lord Turner: splitting banks will make sector more risky (Telegraph) FSA to review compensation scheme for bank failures (Times) The honeymoon period is over for Hester (Times) Myners' super-fast shares warning  (BBC) More Than 10% of…

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Things worth reading: 3rd November 2009

Things we're reading today include … Restructure of banking sector set to cost taxpayer and extra £40 billion (Times) FSA's Lord Turner: splitting banks will make sector more risky (Telegraph) FSA to review compensation scheme for bank failures (Times) The honeymoon period is over for Hester (Times) Myners' super-fast shares warning  (BBC) More Than 10% of…

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