The main blog headlines are …
Breaking through the barricades
I blog a lot about banks needing to change and adapt. I do not blog about the end of banks and I do not predict that banks will be destroyed. I do predict that banks that do not change and adapt will be destroyed, and …
How much is a FinTech CEO worth?
Good question, and it all depends on the revenue forecast. However, if you want to get an idea, a new survey from Moorlands Human Capital, an executive recruitment search and consulting company, has a view. That’s because they asked 500 FinTech companies how much they …
I’m working on my next book already. Digital Human only came out a few months ago, and here I am off already on a new one. I’m not going to share too much about it yet, as it won’t come out for two years, except to …
Are banks serious about fintech?
I’m often asked how I got into FinTech. It’s an interesting question as I’ve been involved in Finance and Technology all of my life. Back in the day, it wasn’t called FinTech. It wasn’t cool. It was just boring old tech in banking. Interestingly, for …
I talk about 1,000s of start-up companies doing one thing brilliantly well, and was looking for an anecdote that might help me talk about this better …. and found one. It goes like this: A ten-year-old boy decided to study judo, despite the fact that …
This week’s top news headlines are …
RBS prepares to launch standalone digital bank - The Telegraph
Barclays apologises after incorrectly telling some customers they didn't have PPI - The Telegraph
HSBC rocked by claim of investment bank’s ‘failure’ - Financial Times
When Philip Noblet quit as HSBC’s most senior UK dealmaker last month, he told friends that he feared executives might soon embark on another retreat from investment banking.
Danske: anatomy of a money laundering scandal - Financial Times
It is a terrific fall from grace. Danske Bank, Denmark’s largest lender, has gone from being one of Europe’s most respected financial institutions to getting caught red-handed in one of the world’s biggest money laundering scandals.
Deutsche Bank mulls merger scenario with UBS: Handelsblatt - Reuters
Deutsche Bank has looked at a theoretical scenario of merging with UBS , the German business daily Handelsblatt reported, citing people familiar with the matter.
Smaller banks will lose out as big lenders bounce back, claims RBS boss - The Telegraph
Barclays chair condemned after claiming many PPI claims are fraudulent - Guardian
Consumer champion Martin Lewis said John McFarlane’s comments were ‘outrageous’ Consumer champion Martin Lewis has condemned as “outrageous” comments made by the Barclays chairman, John McFarlane, that claims for payment protection insurance compensation have turned many Britons into fraudsters. McFarlane, who has worked in banking for more than 40 years,
Fintech pair aim to disrupt industry with investments for millennials - Financial Times
New funds from Revolut and Plum will appeal to smartphone generation
Revolut hedges Brexit risk with Luxembourg licence - Financial Times
Fast-growing fintech company predicts London’s role as a financial centre could fade
The real Goldfinger: the London banker who broke the world – podcast - Guardian
The true story of how the City of London invented offshore banking – and set the rich free Read the text version here Continue reading...
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...