Things we're reading today include: First and foremost, the newspapers are off beam when it comes to Dubai. Yesterday, three news reports dellivered distinctly differing news. One said the UK banks had around $50 billion exposure, with HSBC, StanChart and Barclays taking the brunt. In another, the UK banks had no big exposure so no…
Things we're reading today include: First and foremost, the newspapers are off beam when it comes to Dubai. Yesterday, three news reports dellivered distinctly differing news. One said the UK banks had around $50 billion exposure, with HSBC, StanChart and Barclays taking the brunt. In another, the UK banks had no big exposure so no…
Sir Terry Leahy, Chief Executive of Tesco, presented his Ten Commandments for Good Management at a conference I attended yesterday. Here they are: Commandment Number 1: Find the truth It is extremely difficult for any institution to confront the truth. When customers say they don’t like your products or service, it’s tough to face up…
Sir Terry Leahy, Chief Executive of Tesco, presented his Ten Commandments for Good Management at a conference I attended yesterday. Here they are: Commandment Number 1: Find the truth It is extremely difficult for any institution to confront the truth. When customers say they don’t like your products or service, it’s tough to face up…
Sir Terry Leahy, Chief Executive of Tesco, presented his Ten Commandments for Good Management at a conference I attended yesterday. Here they are: Commandment Number 1: Find the truth It is extremely difficult for any institution to confront the truth. When customers say they don’t like your products or service, it’s tough to face up…
People have talked about an L-shaped, U-shaped, V-shaped or even LUV-shaped recessions, but don’t believe them. This is not a LUVerly recession, it’s a nasty one as demonstrated yesterday by the news that Dubai is deeply in distress. Dubai's news will make this the internet, or WWW-recession. Just as we get a bit bolder –…
There’s plenty of innovation in banking right now, from investment through commercial to retail banking. And it’s not just amongst the big banks, the thriving banks and the growing banks but amongst the struggling banks, the tarnished banks and the zombie banks too. For example, Citi is spending a billion dollars on new payments technologies…
There’s plenty of innovation in banking right now, from investment through commercial to retail banking. And it’s not just amongst the big banks, the thriving banks and the growing banks but amongst the struggling banks, the tarnished banks and the zombie banks too. For example, Citi is spending a billion dollars on new payments technologies…
The story of the month has to be the scandal mentioned two weeks ago regarding the Hedge Fund Manager and the Prostitutes. It's been filling our papers for weeks, and is the sex harassment case between Canadian Jordan Wimmer against multimillionaire hedge fund manager Mark Lowe. Here's just a small selection of the many headlines…
The story of the month has to be the scandal mentioned two weeks ago regarding the Hedge Fund Manager and the Prostitutes. It's been filling our papers for weeks, and is the sex harassment case between Canadian Jordan Wimmer against multimillionaire hedge fund manager Mark Lowe. Here's just a small selection of the many headlines…
