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Shaping the future of finance

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How to market a bank? Cuddly toys of course!

It’s always intriguing to see what banks and insurers are doing for marketing purposes. Take current accounts. HSBC offer a whole range of current accounts, but with no obvious gifts or special offers shown on the website.     Barclays offer a simple current account plus, which immediately stood out for its free mobile phone…

HSBC

CAS-WG and the next Plenary

Further to the launch of the Clearing and Settlement Working Group (CAS-WG) two months ago (read more here), we have been a little quiet as the core membership of the group determined to map out details of subject groups and next steps. Each subject group held initial meetings in April and are now ready to…

CAS-WG and the next Plenary

Further to the launch of the Clearing and Settlement Working Group (CAS-WG) two months ago (read more here), we have been a little quiet as the core membership of the group determined to map out details of subject groups and next steps. Each subject group held initial meetings in April and are now ready to…

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. THE 20 RICHEST HEDGE FUND MILLIONAIRES   Name Hedge fund 2012 wealth 2011 wealth 1 Alan Howard Brevan Howard £1,400m £975m 2 Robert Miller Sail Advisors £955m £1,000m 3 David…

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. THE 20 RICHEST HEDGE FUND MILLIONAIRES   Name Hedge fund 2012 wealth 2011 wealth 1 Alan Howard Brevan Howard £1,400m £975m 2 Robert Miller Sail Advisors £955m £1,000m 3 David…

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 and, thanks to this chart (doubleclick chart to enlarge): Let the wallet wars begin. Here’s what the press release says: O2 today announced the launch of O2 Wallet – a seamless and secure digital wallet service…

O2 wallet1

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 and, thanks to this chart (doubleclick chart to enlarge): Let the wallet wars begin. Here’s what the press release says: O2 today announced the launch of O2 Wallet – a seamless and secure digital wallet service…

O2 wallet1

Of all the world’s banks, UK banks must be the most anti-social

I was asked to talk about the role of social media in banking this week, and was a little irritated by the question. Why? Because social media has a very strong role in some banks. Take any large American bank and they’re blogging, twittering, facebooking and more (Wells Fargo, Citi and Bank of America being good examples)….

Lloyds

Of all the world’s banks, UK banks must be the most anti-social

I was asked to talk about the role of social media in banking this week, and was a little irritated by the question. Why? Because social media has a very strong role in some banks. Take any large American bank and they’re blogging, twittering, facebooking and more (Wells Fargo, Citi and Bank of America being good examples)….

Lloyds

The crowdsourced bank

I’ve been thinking about how to build a bank for a while, and have been partly inspired by the examples of (bank)simple and movenbank. Both new bank startups began with a call to interested commentators to give their two-penneth worth of input about how a bank should operate.  I never saw results of this input…

Firstdirectlab

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