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Banking … better than cigarettes, but worse than Toyota
I just downloaded Harris Interactive’s 11th annual reputation survey of America’s most visible companies. The reputation survey assesses companies on a scale of twenty attributes in six dimensions … … and, during the first six weeks of 2010, Harris Interactive interviewed almost 30,000 people to see what they thought of America's 60 "most visible" brands….

Jamie Dimon’s Shareholders Letter (Part One)
Jamie Dimon’s letter to JPMorgan Chase’s shareholders was released over the weekend. It’s a great 36-page read and, although I don’t normally do this, I thought it worth reprinting some of the key aspects here as it provides a fascinating insight into a global bank’s operations. This takes the form of four posts. This first…

Jamie Dimon on Bank Bonuses and TARP (Part Two)
Jamie Dimon’s letter to JPMorgan Chase’s shareholders included some interesting comments related to banker's bonuses and TARP: “Many commentators, in an attempt to measure fairness and reasonableness of a company’s compensation payouts, have looked at total compensation as a percentage of revenue. On this basis, JPMorgan Chase’s total compensation (salaries, benefits and bonuses) was 27%…

Commentary on Jamie Dimon’s views (Part Four)
Jamie Dimon’s letter to JPMorgan Chase’s shareholders created quite a storm of commentary amongst various industry observers, not all of it complementary. Tom Brown of Bankstocks.com says that the letter is: "outstanding. The letter isn’t just a wrap-up of how Morgan did last year (although, as is typical, Jamie’s candid on the topic)—it’s also a…
What are banks for?
I hope you all had a lovely Easter break. I know I did. Lots of chocolate, reading, walking and sleep. Eating, drinking, chocolate and chat. TV, driving, thinking and chocolate. Wonderful. During my reading I came across this, first published in the magazine Punch back in April 1957. It’s a classic and worth everyone taking…
Monthly MiFID MTF Monitor: March 2010
We are pleased to provide our third month of monitoring the MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR). Market Share based upon Euro Value March 2010 February 2010 Source: Thomson Reuters Equity Market Share Reporter Market Share based upon Volume of Trading March 2010…

Why greed is infectious
You know the saying "Greed is Good" and "Infectious Greed". Science has proven why it's infectious … In a study published in the March 8 early online edition of the Proceedings of the National Academy of Sciences, researchers from the University of California, San Diego and Harvard provide the first laboratory evidence that cooperative behavior…
America’s debt mountain … all Congress’s fault?
I just got around to catching a few paragraphs from David Broder's fascinating column in the Washington Post a few days ago, about Congress in the USA: "The record of the Washington politicians is summarized in the report that came out of the Congressional Budget Office last week. That nonpartisan scorekeeper announced that it projects…





















