I’ve become a bit of a fan of Prospect magazine if, for no other reason, than they have useless facts spotted in the media such as “the average weight of new members to WeightWatchers has risen from 12.3 stone (about 77kg) in 1989 to 13.7 stone (85kg) today” (Daily Mail, 24/08/09). They also have some…
I’ve become a bit of a fan of Prospect magazine if, for no other reason, than they have useless facts spotted in the media such as “the average weight of new members to WeightWatchers has risen from 12.3 stone (about 77kg) in 1989 to 13.7 stone (85kg) today” (Daily Mail, 24/08/09). They also have some…
In his weekly podcast, the Prime Minister dedicated this week's to the banks. Here's the transcript: “I’m determined to end the reckless banking practices that have left so many of you worried about your household budgets. “So to give you a better deal we are taking extensive action to reform the whole culture of the…
At the Deutsche Bourse Open Day for IT, I chaired a panel comprising senior figures from Eurex, the International Securities Exchange and IBM. The focus of the panel was the future of trading technologies, and was a wide ranging discussion covering everything from dark pools to high frequency trading (HFT). Questions were abounding, such as:…
I was asked to comment on Lord Turner’s speech today, which he made at the Mansion House last night. Lord Turner is the Chairman of the Financial Services Authority (FSA), having taken over a year ago from Callum McCarthy, just as the crisis reached boiling point. Reading through the transcript of the speech, it is…
Just went to another great plenary session discussing whether transaction banking will be the engine for the next phase of sustainable growth and moderated by Karen Cone of TowerGroup. The panel consisted of the heads of global transaction banking from some of the largest banks: Werner Steinmuller of Deutsche Bank Andrew Long from HSBC Catherine…
Just went to another great plenary session discussing whether transaction banking will be the engine for the next phase of sustainable growth and moderated by Karen Cone of TowerGroup. The panel consisted of the heads of global transaction banking from some of the largest banks: Werner Steinmuller of Deutsche Bank Andrew Long from HSBC Catherine…
Just as we post over 500 pages of research that conclude the European Commission's Payment Services Directive's (PSD) implementation could destabilise the Single Euro Payments Area (SEPA), the Commission strikes back. Yesterday, they published a whole range of documents and details about how they would make SEPA work. "The European Commission has adopted a Communication…
Just found a great YouTube channel called the Banking Conversation and run by my mate Emmanuel Daniel, editor-in-chief of the Asian Banker. Interviews include Stephen Green (Chairman of HSBC), Craig Donahue (CEO of CME Group), Dick Kovacevich (Chairman of Wells Fargo), Chuck Prince (former CEO of Citigroup), Fan Gang (Director of the Institute of Economic…
