Our biggest stories of the week are ...
Sustainable values-based banks outperform traditional mainstream banks
I'm putting this on the blog, because we have a meeting planned for March 26th that will talk all about sustainable banking: A new study shows that sustainable values-based banks, which base their decisions first and foremost on the needs...
Just found an interesting survey of American banks mobile offerings. The survey polled 14 top American banks for their mobile services: Bank of America, BB&T, Capital One, Chase, Citibank, Citizens, Fifth Third, ING Direct, KeyBank, PNC Bank, Regions, SunTrust, TD...
Today, I read a few headlines that make me sit up and take note. First, the news that China’s just bursting over a billion mobile users. Yes, China is a big economy with 1.3 billion citizens. A billion mobile users...
I was defending the fact that there is huge competition in banking yesterday and realised that this makes me a massive, two-faced hypocrite, as I’ve blogged so often to say that there is no competition in banking. How can I...
The major general news stories of the week include ...
RBS' Dutch investment banking arm returns to ABN Amro - The Telegraph
Four and a half years on from its disastrous acquisition of ABN Amro, Royal Bank of Scotland has "sold" back to the Dutch lender parts of its businesses originally acquired in 2007.
Banks hit by debit card problems - BBC
Some Yorkshire Bank and Clydesdale Bank customers were unable to use their debit cards twice in three days following computer problems.
Misys shares leap as a new bidder joins £1.2bn takeover battle - The Independent
Misys shares leapt 7 per cent yesterday, after a third bidder threw its hat into the ring in the £1.2bn battle to buy the banking software firm.
Bank printing staff accused of making £1m from insider trading - The Telegraph
Seven men were accused of making more than £1m profit from trading on information they had gleaned from the high-security printing facilities within investment banks, a court heard.
Citigroup to use smartest computer ever built to improve customer service - The Telegraph
Watson to help world's third-largest bank improve its customer service.
Santander UK management reshuffle ahead of float - The Telegraph
Santander has unveiled two top management changes aimed at preparing its UK subsidiary for a stock market listing.
Superfast traders feel heat as bourses act - Financial Times
HFTs have drawn the attention of regulators with one exchange set to issue punitive charges in an attempt to clamp down on ‘stupid algos’
Barclaycard Introduces Crowdsourced Credit Card - Payments News
Barclaycard US has announced the Barclaycard Ring MasterCard card, "the first social credit card to be designed and built through the power of community crowdsourcing. Driven by the influence of an online community of cardmembers, the new card will offer a low interest rate, low fees, simple terms and the
Gulliver's travels and the transformation of HSBC - The Telegraph
Stuart Gulliver says his work is just beginning at Britain's biggest bank.
Co-op's Lloyds deal at risk after FSA orders reforms - The Telegraph
The Financial Services Authority has ordered the Co-op to overhaul the way it runs its business or face the possibility of losing the right to buy 630 Lloyds Banking Group branches.
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Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
