Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 6th March 2015

Things we're reading today include … Serious Fraud Office probes the Bank of England … The shadow of criminality falls over Threadneedle Street Fraud office probes Bank auctions How banks may have rigged the Bank of England scheme built to keep them alive Banks borrowed up to £180bn from BoE under auctions probed by SFO…

Things worth reading: 5th March 2015

Things we're reading today include … SFO launches investigation into Bank of England auctions amid rigging fears The UK won a key victory in Europe that goes to the heart of the EU's future Britain wins landmark ruling against ECB on banks Thousands more UK staff could see pay limited by EU bank regulator Banks…

Things worth reading: 4th March 2015

Things we're reading today include … Barclays annual profits fall 21% Barclays boss takes bonus despite £1.2bn fine Barclays' 30-year attempt at taking on Wall Street is coming to an end RBS cutting up to 14,000 investment banking jobs by 2019 Banks' PPI bill now totals £24.4bn Rothschild did employ banker who squandered von Schonau…

Things worth reading: 3rd March 2015

Things we're reading today include … Growing number of Britons switching bank accounts Big US banks batten down as tighter regulation looms Foreign Banks Brace for Fed Stress Tests Standard Chartered to shrink bonus pool by 9 percent: Sky News UK bank bosses more bullish on bonuses Co-op Bank executive leaves in latest high-profile exit…

Things worth reading; 2nd March 2015

Things we're reading today include … Data thieves raid TalkTalk customers' bank accounts The right balance of banking regulation is still a way off Lloyds has been let off too lightly, but would Labour really rein in the bank? Lloyds v RBS – two banks with different problems and very different results Barclays boss to…

The Finanser’s Week: 23rd February 2015 – 1st March 2015

Our biggest stories of the past week are … The role of the bank branch in the digital age I tweeted yesterday that bank branches are still important as, for many, digital only is too nerve wracking when it comes to money.  I knew it would get some pushback, and it did, but here’s the…

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Things worth reading: 27th February 2015

Things we're reading today include … RBS reports £3.5bn loss for 2014 RBS breaks with past by tearing investment bank apart RBS posts seventh straight annual loss as it plans more job cuts Deutsche co-CEO faces trial for providing false testimony: Spiegel James Moore: TSB is getting twitchy over switching Slowing charge How Sands fell…

Things worth reading: 26th February 2015

Things we're reading today include … James Moore: The US Department of Justice is gunning for HSBC. Why aren't we? RBS reports £3.5bn loss as boss forgoes £1m share allowance Barings' collapse was the start of the City's cultural decline Watch: HSBC boss Stuart Gulliver apologises to MPs over Swiss bank claims Morgan Stanley made…

Things worth reading: 25th February 2015

Things we're reading today include … The card aiming to end Nigerian fraud Swiss market regulator says unlikely to probe HSBC further Lending Club dips 11% on full-year loss Wonga to cut third of workforce Aldermore makes fresh run at IPO JPMorgan to charge fees for big deposits HSBC boss Stuart Gulliver summoned to face…

Things worth reading: 24th February 2015

Things we're reading today include … Treasury makes £500m selling Lloyds shares as it reduces its stake in the bank RBS will reportedly appoint Howard Davies as its next chairman PPI mis-selling cases 'more complex' U.S. investigating big banks on possible precious-metal price rigging: WSJ 'Computer says no' hurts vulnerable Timeline: bankruptcies and bail-outs since…