Chris Skinner's blog

Shaping the future of finance

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Don’t punish the rich with taxation … incentivise them

It’s a Sunday morning and I’m asked to contribute to a debate on the BBC’s Sunday Morning Live (using awful Skype webcam) about whether the rich should feel a moral obligation to pay more tax.* My take on this is that the rich make their money through businesses generally that are tax efficient through tax avoidance…

Banks are awful, says the FSA

Email received 08:47, 29/09/2011: Dear Mr. Skinner I have to say that your blog reflects the UK: a nation of bloody whingers. This was well demonstrated by the release of the FSA’s figures this week that shows all your citizens do is complain. In fact, I wholly expect you to post the headline today that…

Banks are awful, says the FSA

Email received 08:47, 29/09/2011: Dear Mr. Skinner I have to say that your blog reflects the UK: a nation of bloody whingers. This was well demonstrated by the release of the FSA’s figures this week that shows all your citizens do is complain. In fact, I wholly expect you to post the headline today that…

The #1 Woman in Finance, Europe

I was sent a list from the American Banker this week, who have just published their annual list of the most powerful women in banking. Number 1 is Karen Peetz, Vice Chairman of BNY Mellon Generates roughly half of BNY Mellon's pretax income Manages a third of its 52,000 employees in 115 cities around the…

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Toronto’s hero banker: from riches to rags

So I finish my time in Toronto with a little relaxation and sight seeing. Won’t bore you with all the details … … but one of the most interesting places to visit is a place called Casa Loma, the House on the Hill. It's more like an amazing castle to be honest, that sits in the…

Niagara

All of SIBOS 2011 …

For those who are that interested, here are all the blog entries made during the week at SIBOS in one place …   SIBOS 2011 – what will be the big themes? We should be talking about risk. And so SIBOS begins First impressions. Brett King launches Movenbank at #sibos #innotribe Brett King, author of Bank 2.0, is…

Reflections on SIBOS 2011

Reflecting on SIBOS 2011 is a mixed bag of feelings. On the one hand, I spent most of the time in the innovation stream, and that was full of life, debate, fun and energy. On the other, I spent the other half of my time on the exhibit floor and in the plenaries, which were…

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Reflections on SIBOS 2011

Reflecting on SIBOS 2011 is a mixed bag of feelings. On the one hand, I spent most of the time in the innovation stream, and that was full of life, debate, fun and energy. On the other, I spent the other half of my time on the exhibit floor and in the plenaries, which were…

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And so SIBOS ends … until next year

And so the end is near … but we have not faced the final curtain quite yet. There’s still the infamous SIBOS closing party to come, yay. Meanwhile, SIBOS 2011 closed with a review of the week between Gottfried Leibbrandt, Head of Marketing for SWIFT, and Stephan Zimmermann, COO Global Wealth Management & Business Banking with UBS….

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#innotribe drums drown out short-sighted journo

The funniest moment of the week had to be the final #innotribe celebration and summary. The session began with The Drum Cafe coming out again, as they did at the start of the week, and giving us a bit of inspiration. Interestingly, we were all given drums – everyone in the room – and we…

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