Chris Skinner's blog

Shaping the future of finance

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Banks ban music video

This video is a newish single by ex-Christian (a band) Henry Priestman.  It's called "Don't you love me no more", and is all about being made redundant. Unfortunately, it has been banned as the video uses the logos of many mainstream banks without their permission.  That's why, halfway through, it says the next 2 minutes…

I predict a riot

There is a great deal of anger and disquiet bubbling away worldwide thanks to this crisis created by the financial system.  I note however, that there seems to be a distinct lack of news coverage on these widespread protests and, in some cases, riots. The start point of such a conversation has to be Iceland,…

15latvia.650

I predict a riot

There is a great deal of anger and disquiet bubbling away worldwide thanks to this crisis created by the financial system.  I note however, that there seems to be a distinct lack of news coverage on these widespread protests and, in some cases, riots. The start point of such a conversation has to be Iceland,…

15latvia.650

I predict a riot

There is a great deal of anger and disquiet bubbling away worldwide thanks to this crisis created by the financial system.  I note however, that there seems to be a distinct lack of news coverage on these widespread protests and, in some cases, riots. The start point of such a conversation has to be Iceland,…

15latvia.650

Visualisation of the Credit Crisis

This video provides a simple, eleven minute cartoon explanation of the credit crisis that almost anyone could understand: Thanks to Francesco Paciocco for pointing me to this and nice work by Jonathan Jarvis who put it together.

Banks market cap down $5.5tn in a year

I just picked up Boston Consulting Group's (BCG's) annual report on banking which is called “Living with New Realities: Creating Value in Banking 2009”. The preface says it all: "Since the pre-crisis peak, the market capitalisation of the global banking industry has fallen by $5.5 trillion. This is equivalent to 10 percent of global GDP…

Banks market cap down $5.5tn in a year

I just picked up Boston Consulting Group's (BCG's) annual report on banking which is called “Living with New Realities: Creating Value in Banking 2009”. The preface says it all: "Since the pre-crisis peak, the market capitalisation of the global banking industry has fallen by $5.5 trillion. This is equivalent to 10 percent of global GDP…

MEFTEC 2009: thanks to Christophe

I still haven't gotten around to writing up MEFTEC 2009 here yet … will I ever?  Yes, as I want to post my BaaS presentation which is coming along well. Meanwhile, Christophe Langlois at Visible-Banking has written a great overview of the conference with pictures. Worth a look if you want to see what we…

Throw bankers into sacks of snakes

There's an interesting little story that's been picked up from a Vince Cable article back in October, where he wrote: "One of the first recognisably modern financial crises was the South Sea Bubble in 1720. Many thousands of sane British citizens – including Sir Isaac Newton – invested their savings in a scam and were…

Throw bankers into sacks of snakes

There's an interesting little story that's been picked up from a Vince Cable article back in October, where he wrote: "One of the first recognisably modern financial crises was the South Sea Bubble in 1720. Many thousands of sane British citizens – including Sir Isaac Newton – invested their savings in a scam and were…