Chris Skinner's blog Shaping the future of finance

It's been an interesting week, with much of it spent focused upon the trading community at TradeTech in Paris.  Here are the key stories of the week: HSBC's David Bagley on the G20, Turner and Compliance US Q1 Bank Results: Just a Blip? FSA Liquidity …

Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) …

Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) …

Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) …

Just released at 14:00 EST / 19:00 GMT and cut and pasted from the Federal Reserve website: The Supervisory Capital Assessment Program: Design Summary (287 KB PDF) A white paper describing the process and methodologies employed by the federal banking supervisory agencies in their forward-looking …

PayPal, the consummate internet payments goliath, had a little hiccup today. I was logging on as usual when the first screen asked if I would like to sign up for their mobile payment security service.  This is where a one-time password (OTP) is generated as …

Nomura, owners of Lehmans and Instinet Europe as well as Chi-x, have made some interesting moves during this downturn. The latest is that their key strategist for investments is none other than Fred Goodwin, otherwise known as Mr. Macro. From Bloomberg today: Mr. Macro, Stock …

Nomura, owners of Lehmans and Instinet Europe as well as Chi-x, have made some interesting moves during this downturn. The latest is that their key strategist for investments is none other than Fred Goodwin, otherwise known as Mr. Macro. From Bloomberg today: Mr. Macro, Stock …

Nomura, owners of Lehmans and Instinet Europe as well as Chi-x, have made some interesting moves during this downturn. The latest is that their key strategist for investments is none other than Fred Goodwin, otherwise known as Mr. Macro. From Bloomberg today: Mr. Macro, Stock …

Things we're reading today include: Essex County Council sets up bank to help businesses in recession (Telegraph) Barclays investors vent anger over Middle Eastern fundraising (Guardian) Barclays revolt fuelled by shareholder anger (Times) Bank of America chief 'told to buy Merrill or face sack' (Guardian) …

I said my favorite presentation was Mark Howarth’s yesterday because my favorite subject is the new alternative exchanges – the Multilateral Trading Facilities (MTFs) – that have emerged in Europe as a result of the Markets in Financial Instruments (MiFID) implementation. Chi-x began trading two …

I said my favorite presentation was Mark Howarth’s yesterday because my favorite subject is the new alternative exchanges – the Multilateral Trading Facilities (MTFs) – that have emerged in Europe as a result of the Markets in Financial Instruments (MiFID) implementation. Chi-x began trading two …

I said my favorite presentation was Mark Howarth’s yesterday because my favorite subject is the new alternative exchanges – the Multilateral Trading Facilities (MTFs) – that have emerged in Europe as a result of the Markets in Financial Instruments (MiFID) implementation. Chi-x began trading two …

Things we're reading include … Credit Suisse returns to profit (Financial Times) Morgan Stanley curtails Wall Street optimism (Independent) Bank of England reluctant to confirm green shoots (Independent) Sobering news ahead of stress test results (New York Times) Geithner hopes for short-lived recession (Financial Times)US …

A good day all in all, with lots of discussion about technologies in the trading room, latency and related matters. My favourite presentation was from the new CEO of Chi-x, Mark Howarth, who outlined their success in the last few months. More about that later …

Another year, another TradeTech, Europe’s largest technology exhibition and conference focused upon the investment markets for the buy and sell side. I love TradeTech. The smell of money, the buzz of aggressive trading strategies, the master of the universe swagger as you walk round the …

Another year, another TradeTech, Europe’s largest technology exhibition and conference focused upon the investment markets for the buy and sell side. I love TradeTech. The smell of money, the buzz of aggressive trading strategies, the master of the universe swagger as you walk round the …

I am so, so, so, sooooooo saaaddddd! My wife actually accuses me of being a banking geek junkie, which shows just how sad I am. How sad am I? Well, there was a classic old gameshow in Britain that ran through the 1980's and 1990's …

Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses …

Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses …

Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses …

Just received an interesting note from PJ Di Giammarino, Chair of our Capital Markets Chamber (who meet this Thursday**) and building on his comments from last week. He’s been looking through the lines of the FSA’s latest “Strengthening Liquidity Standards 2”, which we debated last …

I've been waiting so long to find something in UK banking to blog about in a Web 2.0 world that I thought it would never come … Compare the Meerkat is about it so far. But I'll put the Barclaycard Waterslide Competition on YouTube up …

I've been waiting so long to find something in UK banking to blog about in a Web 2.0 world that I thought it would never come … Compare the Meerkat is about it so far. But I'll put the Barclaycard Waterslide Competition on YouTube up …

I've been waiting so long to find something in UK banking to blog about in a Web 2.0 world that I thought it would never come … Compare the Meerkat is about it so far. But I'll put the Barclaycard Waterslide Competition on YouTube up …

Next Monday, 27th April, the Financial Services Club will be hosting an evening with Gerard Hartsink, Chairman of the European Payments Council and Senior Vice President with ABN AMRO / Royal Bank of Scotland. I recently posted Gerard's comments on the European Payments landscape when …

Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears …

Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears …