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Alistair Darling presents …

The Institute of Directors (IOD) have an annual jamboree at the Albert Hall and this year’s event was filled with high-powered speakers from one of the founders of LinkedIn, Reid Hoffman, to Michael Dell. There were also some other folks there like Sir Stuart Rose, CEO of British institution Marks & Spencer, and Peter Jones,…

Stéphane Garelli presents …

Stéphane Garelli was the keynote at last week’s conference on payments and, as usual, was stimulating, entertaining and thought provoking. For those who are unaware, Stéphane made Davos what it is today and is a world authority on competitiveness. I’ve placed his full bio at the end of this entry for those who are unfamiliar…

Stephane Garelli

Stéphane Garelli presents …

Stéphane Garelli was the keynote at last week’s conference on payments and, as usual, was stimulating, entertaining and thought provoking. For those who are unaware, Stéphane made Davos what it is today and is a world authority on competitiveness. I’ve placed his full bio at the end of this entry for those who are unfamiliar…

Stephane Garelli

Bank makes a billion

Like most of the banks, the Bank of England has made a bundle out of the credit spreads of the last six months.  Locking in bank loans at 5.5 percent interest rates fixed for nine months, the rapidly dropping rates to just 0.5 percent earlier this year meant that the Bank made a billion in…

Banks aren’t just stressed, they’re angry

Yesterday was the day that the US Government was meant to come out and say that their banks were really stressed, but they didn’t. There’s lot of negotiation of the detail you see. You only have to checkout the things worth reading section of this blog to see the history, although here’s a few of…

Top 10 CEO salaries of 2008

The Huffington Post published the list of the Top 10 CEO pay packages for 2008. The list is based upon the Associated Press formula which adds up salary, benefits, bonuses, preferential interest rates on pay set aside for later and company estimates for the value of stock options and stock awards on the day they…

The do’s and do not’s of Social Finance

Jeffry Pilcher at the Financial Brand posted this excellent presentation on Slideshare last week about the do's and do not's of social finance: View more presentations from Jeffry Pilcher. The presentation outlines what you need to know to implement Web 2.0 tools that accomplish real business objectives: The hardcore realities behind all the Web 2.0…

The Marathon and Canary Wharf

I don’t know who invented the idea of a ‘fun run’ over 26.2 miles in the form of a Marathon – you call that fun? – but the London Marathon does work as a great idea, primarily for all the charity fund raising achieved. The London Marathon has now been running since 1981. In that…

Marathon-start3_1391635i

US Q1 Bank Results: Just a Blip?

So we've seen major US banks announcing great results in the last week with Citi dropping in with $1.6 billion after almost two years of losses; JPMorgan $2.1 billion; Goldman $1.8 billion; Wells Fargo (reporting Wednesday 22nd) expected to post $3 billion; and Bank of America reporting $4.2 billion profits at lunchtime today. This is…

US Q1 Bank Results: Just a Blip?

So we've seen major US banks announcing great results in the last week with Citi dropping in with $1.6 billion after almost two years of losses; JPMorgan $2.1 billion; Goldman $1.8 billion; Wells Fargo (reporting Wednesday 22nd) expected to post $3 billion; and Bank of America reporting $4.2 billion profits at lunchtime today. This is…

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