Featured Post

Recent Posts

The 50 hottest FinTech firms 2017

I sit on the judging panel for the FinTech 50, now in its fifth year, and the final list was revealed yesterday.  Here they are: FinTech50 2017 list unveiled, including 24 new businesses Women leaders feature, with almost 20 percent of The FinTech50 having a …

Read More »

Things worth reading: 8th June 2017

Things we’re reading today include … Judge calls off High Court trial into RBS rights issue Goldman Sachs boost rates for savers in bid to attract deposits Tech companies invade banks’ territory with customer loans ECB keeps money taps open but drops reference to rate …

Read More »

Things worth reading: 7th June 2017

Things we’re reading today include … Fat chance of delaying markets reform, EU watchdog tells City Santander buys struggling Spanish bank Popular for €1 Santander rescues rival Banco Popular from collapse HSBC faces fresh suit alleging forex manipulation RBS spends £1bn battling its own shareholders over …

Read More »

Things worth reading: 6th June 2017

Things we’re reading today include … Would you take financial advice from a robot at your bank? Trump’s favorite bank is ignoring requests for infomation about his finances Saudi and UAE banks suspend business with Qatari banks amid diplomatic crisis Conservatives pledge to resurrect ‘Board …

Read More »

The future business model is clear

For many years, I’ve been using Michael Treacy’s The Discipline of Market Leaders to talk about the business model of banking.  The book claims that all companies are comprised of three major components: a manufacturer, a processor and a retailer.  The book claims that most companies …

Read More »

Things worth reading: 5th June 2017

Things we’re reading today include … Peer-to-peer lender Zopa moves towards bank launch after raising £32m Would you take financial advice from a robot at your bank? Bank of England faces strike as workers vote on ‘contemptuous’ 1pc pay offer The 12 UK banks with …

Read More »

Things worth reading: 2nd June 2017

Things we’re reading today include … Barclays sells £2.2bn stake in African business Lloyds bulks up in credit card market with £1.9bn takeover  EU regulator fines Moody’s €1.24m for breaching credit rating rules Bank of England faces strike as workers vote on ‘contemptuous’ 1pc pay …

Read More »

Are you a Chinese bull or bear?

I’m hearing murmurs of a financial crisis rising again.  It’s just rumours and gossip, but sometimes there’s no smoke without fire.  My forecast for another major global financial crisis was that it wouldn’t occur until the 2040s but, as James Dimon noted, a financial crisis …

Read More »

Things worth reading: 1st June 2017

Things we’re reading today include … City firms won’t get away with ‘letterbox’ EU hubs after Brexit, watchdog warns  TV presenter Noel Edmonds unveils ‘countdown’ website in Lloyds compensation campaign HSBC to roll out robo-advice for small savers Barclays to sell £1.6bn stake in African …

Read More »

Things worth reading: 30th May 2017

Things we’re reading today include … Brexit: French officials in ‘serious’ talks with banks about leaving London Singapore’s central bank fines Credit Suisse, UOB over AML breaches Are banks about to operate completely online? Royal Bank of Scotland set to avoid trial over £12bn crisis-era …

Read More »

Things worth reading: 29th May 2017

Things we’re reading today include … You can now set up borderless businesses and bank accounts online as e-residents of Estonia Ex-Anglo bank chief FitzPatrick cleared of fraud Democrats urge Deutsche Bank to audit accounts held by Trump and family Bank of England fat cats …

Read More »