Greg Smith, executive director and head of Goldman Sach’s United States equity derivatives business in Europe, the Middle East and Africa, resigned today. He sent his resignation letter to the New York Times. It’s too good to ignore and so is reproduced here in full. Most notable paragraph for me? What are three quick ways to become…
For the last three years, we have performed a major survey focused upon the progress of the euro and the Eurozone from a payments infrastructure view. This year's survey is now live and we would like to have your opinion. Click here to take the survey The 2012 survey reviews how the Eurozone might deal…
For the last three years, we have performed a major survey focused upon the progress of the euro and the Eurozone from a payments infrastructure view. This year's survey is now live and we would like to have your opinion. Click here to take the survey The 2012 survey reviews how the Eurozone might deal…
We talk about Big Data and information leverage a lot. Banks are underutilising the data they have about customers and should be far more holistic in approach. It’s a theme on the blog regularly, and is challenged by various issues: the appetite of the bank to invest in data leverage; the silo-structure of the bank…
It's a leap year, so I thought I'd celebrate by releasing some new books through my brilliant publishers, Searching Finance. There are two new books released today: Are Bankers Good or Bad for Society? and The City of London: How it Developed into the World's Leading Financial Centre Plus there's an update to a book…
A lengthy discussion yesterday about retail distribution channels for banks. The debate began with whether a traditional bank could succeed in launching new channels against clean sheet start-ups. The answer, imho, is no. First, a different audience is attracted to the new channel. Second, a traditional bank brand is not needed for the new channel….
