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The last pit … the end of open outcry trading

For years, men have shouted at each other in open warfare outcry pits. These blood curdling scenes are reminscent of cock fighting or pitbull terrier pits, where teams of angry testosterone fuelled alpha males go at each other with their gesticulations and cries. What am I talking about? The traditional trading floor. In London, until…

Pitfloor

I told you it was cold …

On Wednesday last week, I noticed it was cold outside.  On Thursday, the BBC noticed:   Nice picture!

Cold UK

Announcing our latest Research Survey

Further to previous surveys conducted by the Financial Services Club, we are pleased to announce our first research for 2010 focused upon Social Media in Finance. Social media and social networking have risen rapidly to be part of the main agenda of most corporations and banks, where do you fit?  Are you banning employees from…

The Top Bank Ads of 2009

Various sites rate banking ads in different ways.  Here are a few of my favourites this year. Probaby the one that garnered most attention from a traditional bank is this one from Barclays: … immensely popular for some reason.   However, most ads have been from mutuals and credit unions, having a cheap shot at…

The Top Stories of 2009

The seventh most popular word on my list for 2009 of the most commonly used new words is 'hashtag'.  The hashtag – '#' – is used to preface a word on twitter so you can show it's really relevant to that subject, rather than loosely related to it. For example, searching for #lost should find…

Hashtag

The Top Ten New Words of 2009

2009 has been a year that has seen a lot of hate, fuelled by anger towards banks that have taken taxpayer's bailouts and then paid big bonuses.  It's also a year that has seen a lot of sharing, thanks to the success of Twitter and social networks like Facebook.   So it's no wonder that…

The twelve economic days of Christmas

Pictorial representation of this year versus last year's Christmas, economically speaking (double click to enlarge):   Thanks to Go Banking Rates.

Economic Christmas 2009

Happy holidays from the Financial Services Club

I'm had a bunch of ecards this year, and sent a few me'self to Club members and, for a few, real cards (yes, I am that traditional!). Anyways, thought it about time to share this year's ecard for all you lovely folks who are rushing off early for the holidays.

Christmas Card

Should I sell my house to a banker?

The Guardian asks readers to give advice on a dilemma each week. This week's dilemma is: "should I sell my house to the nice people or the banker?"  I'm fascinated by the reader's views.  Here's a selection, as well as the question in full: After several lean financial years we are selling our £330,000 family…

Things worth reading: 17th December 2009

Things we're reading today include …   Today's must read: The Mobile Internet Report (Morgan Stanley) Presentations on key trends in technology, including a clear prediction that mobile internet is the revolution we are experiencing right now.  Want to know which technology firms will win in this space?  Read the report (104 page pdf). Companies…

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