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FSClub

Transparency is like forcing everyone to fly naked

We had a great meeting at the Financial Services Club Clearing & Settlement Working Group (CAS-WG) plenary this month. The CAS-WG is rocking and rolling forward, with four subject groups meeting regularly between the plenary meetings. The four subject groups focus upon the challenges of clearing and settlement to deal with risk, regulations, standards and…

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What’s banking got to do with the Price of Fish?

Professor Michael Mainelli and Ian Harris (see bio's at end of blog entry) are regular guests of the Financial Services Club, and were invited back to close the London season of meetings with an engaging discussion about the Price of Fish. You may wonder what anything in banking has to do with The Price of…

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SWIFT, Visa, Mastercard and T2S?

Just a quick note as we are shortly to take our summer break from the Financial Services Club.  First, the Financial Services Club is repeating the survey started in 2011 reviewing the changing face of payments infrastructures. We would be delighted if you would join this year’s survey: click here to take part. The survey reviews…

Are payments infrastructures fit for purpose?

As per our regular research surveys, the Financial Services Club is repeating the survey started in 2011 reviewing the changing face of payments infrastructures. We would be delighted if you would join this year’s survey: click here to take part. By participating, you are guaranteed to receive a copy of the results when they are…

The Future Bank: Augmented, Social and Mobile

We had a great discussion at the Financial Services Club Central & Eastern Europe (FSClub CEE) this week.  Now in its fourth year of operation, the Club meets regularly at the residence of the British Ambassador in Vienna, Austria (see postnote if you want a laugh).  The theme of the meeting was: “the future of…

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The Eurozone – the road to nowhere?

We recently entertained Laurens Vis, Managing Director of KAS Bank London, to address the Financial Services Club.  Here’s a manuscript of his speech which, to say the least, has some very key messages for the future of the Eurozone: “The Eurozone – the road to nowhere?” Introduction ‘The European Union or the Tragedy of the…

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All you need to know about the City, but were too afraid to ask

We had a fun evening last week at the Financial Services Club with Geraint Anderson, aka Cityboy, who gave us an amusing insight packed full of anecdotes into life in his City trading days. Geraint Anderson began his career as a utilities analys with ABN AMRO before moving via Société Générale and Commerzbank to Dresdner…

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Does this house believe the City is full of greed and corruption?

A short while ago, I mentioned that the Financial Services Club were to debate: This house believes that The City is full of greed and corruption. We had the debate last week, and it was excellent with Ian Fraser and Nick Kochan, two enigmatic investigative journalists of our time, proposing the motion. Ian Fraser (left) is an…

Ian and Nick

CAS-WG next meetings

Following on from the recent  CAS-WG plenary session we are pleased to advise of the following dates, venues and times for the next Subject Group meetings.   Regulation: Monday 18th June, 4.30 – 5.30pm at SNR Denton, One Fleet Place, EC4M 7RA Register here Standards: Tuesday 19th June, 4.15 – 6pm at BT, Faraday Buildings, 1 Knightrider Street, EC4V…

This house believes the City is rife with greed and corruption

Thirty years ago, Gordon Gecko delivered his memorable speech in Wall Street that ended with three little words: “Greed is good”. Greed is good. It’s a theme that has rippled through my blog and presentations ever since as, in banking, greed is good and can be satiated if unregulated. You only have to look at…

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