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Things worth reading: 7th April 2009

Things we're reading today include … UK: UK unemployment will reach 3.2m, BCC warns (Telegraph) City bankers made to pay for financial crisis (bonuses down 62%) (Telegraph) Credit card rates highest for two years despite rate cuts (Telegraph) Alistair Darling faces £39bn hole in public …

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Things worth reading: 6th April 2009

Things we're reading today include: Leitch in line for top Lloyds job (Times) HBOS deal maker picks up pension of £342,000 (Scotsman) RBS lines up veteran audit chief (Telegraph) With £12bn, HSBC is laughing all the way (Times) HSBC’s success is also a triumph for …

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Vive le revolution!

So the G20 protests were a bit of a damp squib, thanks to tight police controls, but not so in France where the NATO Summit in Strasbourg saw a lot of trouble. But I was more interested in two other stories. The first is from …

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Great predictions of the past

It's easy to catch people's prediction out in hindsight, with the most common ones being things like "I see a worldwide market for about five computers" from Thomas Watson, IBM's CEO in the 1950s, and "640k is enough memory for anyone" from Bill Gates. Now …

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Great predictions of the past

It's easy to catch people's prediction out in hindsight, with the most common ones being things like "I see a worldwide market for about five computers" from Thomas Watson, IBM's CEO in the 1950s, and "640k is enough memory for anyone" from Bill Gates. Now …

Read More »

How green is your valley?

Green credentials

I just discovered an interesting part of The Economist I never knew existed: the Daily Chart. Yesterday's focused upon how much of the economic stimulus created by governments to get economies moving is going into projects that have green credentials. Here's the chart: Interesting. The …

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Things worth reading: 4th April 2009

Things we're reading today include mopping up the G20 news: G20 has little impact on global economics (Financial Times) G20: Fat cats brought down to Earth with a bump (Guardian)  Bankers rage at G20 'witch hunt' against bonuses and buccaneers (Guardian) Overview: Risk-takers reap benefits …

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Things worth reading: 4th April 2009

Things we're reading today include mopping up the G20 news: G20 has little impact on global economics (Financial Times) G20: Fat cats brought down to Earth with a bump (Guardian)  Bankers rage at G20 'witch hunt' against bonuses and buccaneers (Guardian) Overview: Risk-takers reap benefits …

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The multichannel myth

For years, I’ve dealt with banks talking about multichannel integration and adding new capabilities to the core traditional channel of branch operations. In the 1970’s we added ATMs, the 1980’s added call centres, the 1990’s the internet, and now mobile. For all those years, we …

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A banker’s bonus ain’t what it used to be …

The Financial Stability Forum published their principles on reservering, crisis management and banker's compensation yesterday.  Here are the headlines: Recommendations and principles to strengthen financial systems On 2 April 2009, the Financial Stability Forum (FSF) issued reports covering: Recommendations for Addressing Procyclicality in the Financial …

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A banker’s bonus ain’t what it used to be …

The Financial Stability Forum published their principles on reservering, crisis management and banker's compensation yesterday.  Here are the headlines: Recommendations and principles to strengthen financial systems On 2 April 2009, the Financial Stability Forum (FSF) issued reports covering: Recommendations for Addressing Procyclicality in the Financial …

Read More »

Things worth reading: 3rd April 2009

Lots worth reading today, with most of it about the G20 Summit outcome: G20 Summit: the key agreements (Telegraph) Q&A: the G20 Summit (Guardian) G20 leaders hail crisis fightback (Financial Times) G20 summit: Gordon Brown unveils $1.1 trillion global recession fight-back (Telegraph) Today's G20 deal …

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Creating a bank that rocks

Jyske1

Late last year, I blogged about Vernon Hill's Commerce Bank, Arkadi Kuhlman's ING Direct and creating a bank that rocks. Well I know a bank that rocks. Jyske Bank. Who? Jyske Bank in Denmark. They are the third largest Danish bank with 120 branches and …

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Things worth reading: 2nd April 2009

Image001

After the live Twitter feed of the G20 protests yesterday, along with the Fool's Jokes, it's back to normality today.  Here's what we're reading: RBS locked in talks with Treasury over renegotiating terms of insurance scheme (Guardian) Shareholders want Lloyds Banking Group bosses to go …

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Things worth reading: 2nd April 2009

Image001

After the live Twitter feed of the G20 protests yesterday, along with the Fool's Jokes, it's back to normality today.  Here's what we're reading: RBS locked in talks with Treasury over renegotiating terms of insurance scheme (Guardian) Shareholders want Lloyds Banking Group bosses to go …

Read More »

Things worth reading: 2nd April 2009

Image001

After the live Twitter feed of the G20 protests yesterday, along with the Fool's Jokes, it's back to normality today.  Here's what we're reading: RBS locked in talks with Treasury over renegotiating terms of insurance scheme (Guardian) Shareholders want Lloyds Banking Group bosses to go …

Read More »

Bankers stage overnight G20 protest

Candlelight-vigil

In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want …

Read More »

Bankers stage overnight G20 protest

Candlelight-vigil

In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want …

Read More »

Bankers stage overnight G20 protest

Candlelight-vigil

In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want …

Read More »