Chris Skinner's blog

Shaping the future of finance

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Government websites hacked so that they install malware

Two interesting stories on hacking this week.  The first is a joke and the second is worrisome. The joke is that we have a race here in London.  The race is to see who can win the vote for Mayor of London this Thursday: Ken Livingstone (Labour) or Boris Johnson (Conservative).  Sorry, that’s not the…

No more sex and drugs and rock ‘n’ roll

The best story of the week is the leaked email from Der Spiegel of Deutsche Bank’s instructions to employees to give up their sex and drugs and rock ‘n’ roll. As the credit crunch hits, no more market excesses are allowed, with Deutsche’s staff to shave and shower at airports (instead of booking into hotels),…

No more sex and drugs and rock ‘n’ roll

The best story of the week is the leaked email from Der Spiegel of Deutsche Bank’s instructions to employees to give up their sex and drugs and rock ‘n’ roll. As the credit crunch hits, no more market excesses are allowed, with Deutsche’s staff to shave and shower at airports (instead of booking into hotels),…

What Sky TV’s service teaches banks

There are many examples of bad service and few of great service, but when you do find great service you might write about it and when you get bad service you definitely talk about it. That is why various studies say that if a customer has a bad experience they will tell four of their…

America is not in recession

Matthew Bishop, the American business editor of the Economist, talked through his views on the credit crunch at a conference I am attending in Miami. He began by asking the audience if they thought the USA was in recession. This was using voting devices. Y’know the ones you get at conferences that are a bit…

Are Stock Exchanges fungible?

Reading today’s news headlines, you might think that the markets had exploded or imploded, dependent upon where you sit. Apparently, hundreds of new exchanges and multilateral trading facilities have started up and are winning business away from traditional exchanges. But the question top of my own mind is whether stock exchanges are really fungible? According…

Are Stock Exchanges fungible?

Reading today’s news headlines, you might think that the markets had exploded or imploded, dependent upon where you sit. Apparently, hundreds of new exchanges and multilateral trading facilities have started up and are winning business away from traditional exchanges. But the question top of my own mind is whether stock exchanges are really fungible? According…