Our biggest stories of the week are ...
Why is Wall Street called Wall Street?
Did you ever wonder why Wall Street is called Wall Street? We all talk about Occupy Wall Street, an area of downtown New York that stretches across eight blocks from Broadway to South Street on the East River in Lower...
54 Hedge Fund managers join the 1,000 richest people in Britain
There are 54 hedge fund managers among the Richest 1,000 people in Britain in The Sunday Times Rich List 2012, to be published this weekend.
Let the mobile wallet wars begin
I don’t normally cover press releases, but this one is a goodie as it’s announcing a new mobile wallet from O2 and has a great chart comparing mobile wallets from Google, PayPal, Barclays and more. Here’s what the press release says: O2...
Innovation has to be driven top-down
I did a webinar on innovation yesterday. It's a one-hour session, which you're welcome to watch if you have the time. Alternatively or, in addition, here are the slides I presented if you want a quick view of the info...
If Zappos were a bank, it would be the happiest bank in the world
I’m in Dubai this week and picked up a magazine at the airport on the flight out. It was one of the freebies on the newsstands – CNBC’s Business magazine – and the front page caught my eye partly because...
The Occupy Spring: shareholders meetings disrupted and a general strike ...
Occupy Wall Street is seven months old. It started on September 17th 2011, inspired by the Arab Spring, and rapidly became a global movement representing the 99 percent who are squeezed out of opportunity by the 1 percent who control...
The major general news stories of the week include ...
City regulator fines former BoS banker
The Telegraph
UBS banker John Pottage wins appeal against FSA fine
The Telegraph
Financial markets hit by new fears
The Independent
Exposed: the hundreds of City millionaires in film tax loophole
The Independent
Thousands to receive fraud alert
BBC
Hard drives offer rich pickings
BBC
O2 launches pay-by-mobile service
The Independent
Management jobs go as HSBC cuts 2,000 from UK workforce
The Independent
RBS could lose £20bn of its value if banking reforms are introduced, warns chief Stephen Hester
The Telegraph
World's five top cyber threats
BBC
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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...