In the 1970s, the UK's Midland Bank introduced a new competitive service – free banking. It wasn’t free of course, but it appeared that way. The idea being that if you stayed in credit, they wouldn’t’ charge you anything. It was a huge success. So much so that Midland acquired many customers from Barclays, NatWest…
For the fifth year, the Financial Services Club ran a survey of payments professionals worldwide to see how successfully regulations and technologies are changing the European payments landscape, sponsored by CGI and EBA CLEARING. The survey ran during the spring of 2013, and was completed by 422 participants across over…
It’s always intriguing to see what banks and insurers are doing for marketing purposes. Take current accounts. HSBC offer a whole range of current accounts, but with no obvious gifts or special offers shown on the website. Barclays offer a simple current account plus, which immediately stood out for its free mobile phone…
It’s always intriguing to see what banks and insurers are doing for marketing purposes. Take current accounts. HSBC offer a whole range of current accounts, but with no obvious gifts or special offers shown on the website. Barclays offer a simple current account plus, which immediately stood out for its free mobile phone…
Further to the launch of the Clearing and Settlement Working Group (CAS-WG) two months ago (read more here), we have been a little quiet as the core membership of the group determined to map out details of subject groups and next steps. Each subject group held initial meetings in April and are now ready to…
Further to the launch of the Clearing and Settlement Working Group (CAS-WG) two months ago (read more here), we have been a little quiet as the core membership of the group determined to map out details of subject groups and next steps. Each subject group held initial meetings in April and are now ready to…
There are 54 hedge fund managers among the Richest 1,000 people in Britain in The Sunday Times Rich List 2012, to be published this weekend. THE 20 RICHEST HEDGE FUND MILLIONAIRES Name Hedge fund 2012 wealth 2011 wealth 1 Alan Howard Brevan Howard £1,400m £975m 2 Robert Miller Sail Advisors £955m £1,000m 3 David…
There are 54 hedge fund managers among the Richest 1,000 people in Britain in The Sunday Times Rich List 2012, to be published this weekend. THE 20 RICHEST HEDGE FUND MILLIONAIRES Name Hedge fund 2012 wealth 2011 wealth 1 Alan Howard Brevan Howard £1,400m £975m 2 Robert Miller Sail Advisors £955m £1,000m 3 David…
I don’t normally cover press releases, but this one is a goodie as it’s announcing a new mobile wallet and, thanks to this chart (doubleclick chart to enlarge): Let the wallet wars begin. Here’s what the press release says: O2 today announced the launch of O2 Wallet – a seamless and secure digital wallet service…
