I found this on a market stall the other day. It's from Punch Magazine, 1921. Times don't change. This is why you need a bank branch. The is part three of a five-part series: Part One: One banker knows his industry is trashed, and here's his plan Part Two: Do banks need branches? Part Three: Why you…
I often present around the depressed state of the banking markets. Usually, it’s a political and economic overview of the banking system that shows the issues of regulatory change, customer trust and systemic risk. So I was surprised and amused when a senior vice president of retail banking for one of Europe’s largest banks gave…
For years, I’ve been a fan of Star Trek, and have used their innovations in many presentations, but I’ve always wondered: how come there’s no money on the Star Ship Enterprise? Is everything free? Not exactly. My supposition was that the future world of Star Trek, bearing in mind that it’s set in the 24th…
I was chairing a conference about risk and regulation today, and opened with the view the it is the culture of banking that needs to change. You can force the change through regulation, but if banks really want to be able to prosper post this crisis, then it needs cultural reform. And it’s not about…
We are pleased to announce details of our Winter Season of meetings of the Financial Services Club, London. If you would like to attend any of the meetings, please go to the fsclub.net and register. Tuesday, September 25 2012 Alex : 25 years of satirising the City Charles Peattie and Russell Taylor, creators of…
I just received a report from the Economist Intelligence Unit (EIU) on new bank models based upon different styles of banking in emerging markets. According to the report, the BRIC economies and their brethren will account for 35% of global assets by 2016, up from 24% today and just 10% in 2004. Emerging market banks are growing…
I started another debate yesterday after saying that English is the global language. It is. It is not the largest spoken language – that’s Mandarin Chinese – but it is the largest global language spoken across borders thanks to the internet. English is spoken as a second or foreign language by an estimated 950 million…
