Things we're reading today include … Barclays cuts 3,700 jobs in overhaul to restore reputation Jenkins sets out Barclays reinvention Barclays 'drawing a line in the sand' – Chris Skinner Rogue trader Jerome Kerviel sues Societe Generale for €4.9bn Bank chief: ‘I’m planning my next revolution’ G7 safeguards exchange rates to avoid currency war Dutch…
The world moves on and banking moves with it. Lurching from crisis to bonus, there appears to be a strong divide between the markets, the players and the rest of the world. Whilst some of us scream about the banks being rotten to the core – PPI. Qatar funding, Swaps mis-selling, LIBOR, money laundering etc…
The world moves on and banking moves with it. Lurching from crisis to bonus, there appears to be a strong divide between the markets, the players and the rest of the world. Whilst some of us scream about the banks being rotten to the core – PPI. Qatar funding, Swaps mis-selling, LIBOR, money laundering etc…
I was engaged in a lengthy conversation about mobile finance the other day. Half way through, it finally hit me why mobile makes such a difference to our lives: it’s real-time. I’ve thought this for a while, but it is becoming more and more obvious why mobile money in real-time changes the game and here’s…
I was engaged in a lengthy conversation about mobile finance the other day. Half way through, it finally hit me why mobile makes such a difference to our lives: it’s real-time. I’ve thought this for a while, but it is becoming more and more obvious why mobile money in real-time changes the game and here’s…
Yesterday morning I attended a seminar on bank brands. I’ll blog a bit about that later but there was one part that I found fairly intriguing that had to do with the overall value of bank brands returning to near 2007 highs, including those of the British banks. Sure, these banks had taken a knock,…
Yesterday morning I attended a seminar on bank brands. I’ll blog a bit about that later but there was one part that I found fairly intriguing that had to do with the overall value of bank brands returning to near 2007 highs, including those of the British banks. Sure, these banks had taken a knock,…
So George Osborne, the UK Chancellor, made a big speech at JPMorgan’s HQ in Bournemouth yesterday. The speech announced the details of the UK Banking Reform Bill which will implement the recommendations of the Vickers’ Independent Commission on Banking (ICB) for ring fencing, account switching and more. The speech is based upon four foundation principles…
