This week’s main blog headlines are … Why organisations resist innovation One of my good friends at 11FS referenced Conway’s Law the other day. I wondered what it was, as I know Moore’s Law and the Law of Diminishing Returns in economics, but Conway’s Law? What’s that? It’s a thesis created by Melvin E. Conway,…
Things we’re reading today include … Foreign investors back Brexit Britain Barclays threatened with investor revolt over governance concerns Barclays profits more than double Deutsche Bank to name von Moltke as new CFO: source Taxpayer-owned RBS returns to profit in first quarter of the year Lloyds Bank’s profits rise despite ‘challenging’ times Eurozone recovery gathering…
Things we’re reading today include … Deutsche Bank beats forecasts in strong start to 2017 Lloyds hires retired judge for internal probe into HBOS fraud scandal Chinese money market fund becomes world’s biggest Barclays boss: Banks need access to talent post-Brexit Lloyds and Queen’s bank Coutts rack up customer complaints Lloyds Bank profits double in…
Things we’re reading today include … Number of U.S. bank branches to shrink 20 percent in five years will.i.am to mix tech know-how with banking at Britain’s Atom Lloyds bank bailout repaid in full, says Philip Hammond For Wells Fargo directors, narrow wins may not be enough Weatherbys aims to double client base and loan…
Things we’re reading today include … What’s wrong with Lloyds Banking Group plc? Fed fines Deutsche Bank $156.6 million for forex violations America’s big banks have an encouraging first quarter Mark Carney begs politicians not to rip up new financial rulebook Digitisation shakes up corporate-bond markets BoE loses another female executive as ex-Carney adviser quits…
Things we’re reading today include … Bank of America boosts digital banking segment IMF encourages banks to sack staff amid weakness due to ‘legacy of bad debt’ Can you stop your bank branch closing? HSBC refuses to open bank account for Chinese dissident Ai Weiwei Five areas of fintech that are attracting investment U.S. House…
Things we’re reading today include … Challenger bank Redwood secures banking licence and £30m council investment City backs Carney with plan to keep finance open after Brexit ‘Best banker in America’ blamed for Wells Fargo sales scandal Citi tops global transaction banking ranks: Coalition Tangled web of Cohn, Goldman and Glass-Steagall The secret recording implicating…
A summary of the main blogs of the week … Solving state corruption with technology I try to generally avoid making political commentary on the blog as it’s not appropriate. This is a blog about technology and finance, not the economy and politics. Every now and again the two come together such as with Brexit…
