Chris Skinner's blog

Shaping the future of finance

Regulation

Grieving … and the US Banking Reforms

I was trying to think of the future of banking and a model for making this work. This in the context of yesterday's US regulatory reforms announcements (see next blog: “things worth reading”, for the full details of these reforms), and so I scrabbled about wondering what happens as we go forward. Then, bearing in…

Grieving … and the US Banking Reforms

I was trying to think of the future of banking and a model for making this work. This in the context of yesterday's US regulatory reforms announcements (see next blog: “things worth reading”, for the full details of these reforms), and so I scrabbled about wondering what happens as we go forward. Then, bearing in…

A compliance culture or function?

Over a dinner this week, there was a fascinating discussion about the role of compliance. Compliance. A culture or a function? A view of complying and being subservient or of being proactively compliant. Compliance as a painful enforced change or an opportunity to re-engineer and improve. Compliance. Threat or opportunity? To be truthful, compliance can…

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A compliance culture or function?

Over a dinner this week, there was a fascinating discussion about the role of compliance. Compliance. A culture or a function? A view of complying and being subservient or of being proactively compliant. Compliance as a painful enforced change or an opportunity to re-engineer and improve. Compliance. Threat or opportunity? To be truthful, compliance can…

VocaLink_rgb_250x120

IBM discovers banks don’t understand their customers

I received a few interesting reports recently and just got a chance to read some of them. The first I got around to was from IBM's Institute for Business Value, with the grand title: “Toward transparency and sustainability: building a new financial order”. There are various statistics and insights in the report which put the…

IBM Financial Crisis Chart

IBM discovers banks don’t understand their customers

I received a few interesting reports recently and just got a chance to read some of them. The first I got around to was from IBM's Institute for Business Value, with the grand title: “Toward transparency and sustainability: building a new financial order”. There are various statistics and insights in the report which put the…

IBM Financial Crisis Chart

Banks must still deleverage … and deleverage lots!

There are some people you can listen to for hours, and some that send you to sleep when they open their mouth. Willem Buiter definitely falls into the first category – who said I fall into the latter? – which is why we invited him to address the Financial Services Club recently. It happened to…

Tooshort1

Banks must still deleverage … and deleverage lots!

There are some people you can listen to for hours, and some that send you to sleep when they open their mouth. Willem Buiter definitely falls into the first category – who said I fall into the latter? – which is why we invited him to address the Financial Services Club recently. It happened to…

Tooshort1

This house believes new liquid architectures will dominate

On 9th June, we are holding a Capital Markets Chamber meeting of the Financial Services Club that will debate the motion: "This house believes new liquid architectures will dominate bank's strategic plans from next year onwards".  This debate focuses upon how banks benefit from doing liquidity risk management right, particularly in a post-Lehman world. Lehman…

BBC’s Robert Peston presents …

Robert Peston, the BBC’s lead reporter on the banks throughout this crisis and author of: Who Runs Britain?, presented a discussion I attended the other night. Robert surprisingly used a PowerPoint presentation to talk through this theme. I say surprisingly as we’re so used to seeing him sit and talk for soundbite minutes, that a…