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Regulation

The latest on the Capital Requirements Directive

After tomorrow night's meeting, which debates whether banks pollute more than China, the next meeting of the Financial Services Club will be held on Tuesday 27th January 2009 with Dr. David Doyle, EU Policy Expert on Financial Markets, who will discuss the latest EU financial services legislation and associated initiatives. David spoke at the Club…

Maybe Gordon Brown is Hu Jintao

Not accusing Gordon Brown of being Chinese or anything except that, in the context of banking, he does seem to have taken a leaf out of the book of the Chinese leadership of Hu Jintao. As alluded to yesterday, China's answer to the economic meltdown is to tell the banks to lend, no matter what…

Steve Breen

Why Gordon Brown would rather be Hu Jintao

In a plea to sort out the mess once and for all, Gordon Brown asked the UK banks to fez up and tell him exactly what toxic assets they have on their books yesterday.  In an interview with the Financial Times, the prime minister said that he had been urging the banks for almost a…

Joke003

Is there a credit crisis in CEE?

We launched a new wing of the Financial Services Club for Central & Eastern Europe on Wednesday. The first meeting was a discussion based around the theme: "Is there are crisis in CEE?" with four esteemed panellists, namely: Dr.Friedhelm Boshcert, CEO, Volksbank International  (furthest left); Josip Protega, President of the Management Board, Hrvatska postbanska banka…

Picture14

Is there a credit crisis in CEE?

We launched a new wing of the Financial Services Club for Central & Eastern Europe on Wednesday. The first meeting was a discussion based around the theme: "Is there are crisis in CEE?" with four esteemed panellists, namely: Dr.Friedhelm Boshcert, CEO, Volksbank International  (furthest left); Josip Protega, President of the Management Board, Hrvatska postbanska banka…

Picture14

Banks pollute more than China?

I was intrigued to see a report earlier this week that every Google search is equivalent to boiling a half-full kettle of water.  In reports on Monday, all the newspaper headlines were saying things like: "Two Google searches 'produce same CO2 as boiling a kettle'". OMG!  I'll never use Google again.  In fact, I'm gonna…

Banks pollute more than China?

I was intrigued to see a report earlier this week that every Google search is equivalent to boiling a half-full kettle of water.  In reports on Monday, all the newspaper headlines were saying things like: "Two Google searches 'produce same CO2 as boiling a kettle'". OMG!  I'll never use Google again.  In fact, I'm gonna…

The start of a new Club

On the back of the PayPal party, we had a great meeting last night at the British Embassy in Vienna, Austria. It was a lavish affair, with over 100 guests networking and talking with Ambassadors and dignitaries from across the Central & Eastern European area. The evening was targeted towards financial services organisations, and leading…

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Mobile payment provider ‘infuriates’ banks

I've blogged a few times about M-Pesa.   The first time was in late 2007, when Citibank did a deal to roll the M-Pesa model worldwide for remittances.  Then again in 2008, when Royal Bank of Scotland (RBS) announced the idea of a business model based upon being an MBNO, a Mobile Banking Network Operator.  The idea of the latter…

Mobile payment provider ‘infuriates’ banks

I've blogged a few times about M-Pesa.   The first time was in late 2007, when Citibank did a deal to roll the M-Pesa model worldwide for remittances.  Then again in 2008, when Royal Bank of Scotland (RBS) announced the idea of a business model based upon being an MBNO, a Mobile Banking Network Operator.  The idea of the latter…

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