Chris Skinner's blog

Shaping the future of finance

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Forget branch transformation – spend a few dollars on people

  So this week I’m in Las Vegas, land of Elvis Presley impersonators.  Funnily enough, it’s a line I use in many presentations.  What line you ask?  Well, it kinda goes: "Hi, I’m Chris Skinner.  I’m not an analyst as analysts tend to talk in numbers.  By way of example, there are 39,000 Elvis Presley…

Google Maps Mash-Up

When I first saw Google Maps I thought at the time this would be a good thing for me and my kids to discuss the news, where everything was and what is going on where. What is happening now is to cut me out of the process – even my kids can now instantly see…

Google Maps Mash-Up

When I first saw Google Maps I thought at the time this would be a good thing for me and my kids to discuss the news, where everything was and what is going on where. What is happening now is to cut me out of the process – even my kids can now instantly see…

Risk: Business Enabler or Idea Crusher?

Another subject that regularly crops up in my blog is whether banks can be innovative when they are risk averse.  My contention is that banks never lead, they only follow.  As a result, they never innovate because they never create anything.  Now I know some banks do generate new ideas, but it is fairly true…

LSE’s systems stretched to breaking point

Share trading on the LSE apparently went wacky today with the wrong prices appearing and showing data higher on the day when today’s session has been lower.  Maybe it’s related to the new systems, MiFID, algo’s and hedge funds … or maybe it’s because banks were coming under pressure from the credit crunch once again,…

No-one trusts their bank and no bank trusts us

Building on yesterday’s theme around identity, banks have a major dilemma (as do all financial firms) and it’s all to do with trust. Banks trade on trust and yet how far can we trust them and how far can they trust us?  Banks don’t trust customers because customers may be fraudsters and it’s hard to…

Business Journalism

In the taxi on the way home last night after (another) too long day in the office I was listening to a re-broadcast of what sounded like a BBC program on the current market conditions. I was very pleasantly surprised to hear it actually making sense – the talking heads chosen were happy to correct…