Chris Skinner's blog

Shaping the future of finance

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Customers need coaching, not channels

Building on yesterday’s blog, I was talking today about how banks deliver new channels to customers today. It is often not the best, as referenced earlier this week with the cumbersome way mobile apps turning customers off due to the way a bank delivers such service. If security, sign-on and opening of the new channel…

Citi tweet

There is no revolution in banking

I think I had one of my unusual spouts of cynicism yesterday when, after realising that mobile and contactless and social is all the rage in banking, none of it is really hitting the mark yet. And, for all the talk about revolutions in banking, new models of banking, new ways of banking, new players…

Will and Kate’s bankers

So we’ve had a long holiday in Britain for the past two weeks, what with Easter and some Princely chap getting hitched to a commoner. It’s left us all a tizz over here in blighty, so much so that I haven’t thought about banking or blogging nearly at all. But now it’s back to the…

Coutts

Is Sir Fred Goodwin’s personal life in the public interest?

It's hot news right now that Sir Fred Goodwin, the former CEO of the Royal Bank of Scotland, has filed a super-injunction to stop details coming out about his personal life in the press. The issue now is that everyone wants the super-injunction removed, with MPs threatening to make public and leak to the press…

Psychos, maniacs and nutters: the average trading room

Another aspect of trading that cropped up last week was the whole thing about trading psychologies. This was kicked off by one of the speakers, a Psychology Professor, exploring the psychology of trading. In his and many other studies, trading is very much akin to madness, with ‘the deal’ being linked to gambling, sex and worse. One of…

Strangers in the net

I’ve been doing a lot of thinking about privacy and security over the past few weeks, as demonstrated by a range of blog entries: Will we ever have social security? Banks should advise customers on the do’s and don’ts of social networking Great identity theft infographic CNN – not news, but fraud How a cyber-security…

Monthly MiFID MTF Monitor, March 2011

We are pleased to provide our monthly monitor of MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR).  Market Share based upon Euro Value March 2011 February 2011   Source: Thomson Reuters Equity Market Share Reporter   Market Share based upon Volume of Trading March 2011 February 2011 Source: Thomson Reuters Equity…

MiFID March 2011 euro

Standard & Poor’s Global Corporate Default Study

Standard & Poor's have been talking to me for a while now, and sent a note yesterday that is quite intriguing.  It's justifying their analysis of course, but when you think everyone goes on about credit rating agencies being at fault, we should sometimes pause to consider. Here's what the note says: Between 1981 and…

Flashmobbing in the USA

You may have seen the T-Mobile UK ads, where a flashmob arrive at Liverpool Street Station or Trafalgar Square, London, and start a song or greet passengers at Heathrow airport … brilliant. It's feelgood stuff, brings a smile to your face and is just, well, 21st century cool. So it's nice to see a bank…

20,000 consumers cannot be wrong …

Ernst & Young has just completed a massive survey of over 20,000 consumers worldwide to see what they think about their banks. Half of the consumers are from Europe, but the rest cover the globe with a strong showing in Latin America. The results are summarised in a 56-page report which you can download from…