Financial Services

Banks Must Catch the Innovation Bug

Nasir Zubairi | Posted 05.03.2014 | UK
Nasir Zubairi

Although I agree that Banks and Financial technology firms should be looking to partner and work together where possible to improve the proposition for customers, I don't necessarily believe that this strategy will make banks more innovative and provide better services for you, I and our businesses...

Digital Fraud Continues to Dominate Discussion in 2014

Mark Braund | Posted 13.04.2014 | UK Tech
Mark Braund

For many in the technology sector, one of the most discussed topics in recent months has been digital fraud and online security. This is an area in which I have a great deal of interest, as it continues to play a significant role in the demand for specialist skills in the Financial Services & Banking Sectors.

Banks Aren't Over the Worst of It

Nick Rowles-Davies | Posted 15.03.2014 | UK
Nick Rowles-Davies

It is a good bet that the year ahead is to be incredibly interesting for those with a sharp eye on litigation - and cases against banks will be a key focus. Experts in the legal world are already predicting there will be a slew of notable big cases going through the High Court in 2014...

How Can We Address 'Flexibility' on Ethics in the Financial Services Industry?

John Bowman | Posted 28.01.2014 | UK
John Bowman

Executives must realize that the previous era of financial capitalism ended with the global crisis in 2008. Clients, asset owners, and the general public are looking for the industry to return to its core purpose of serving the greater good, providing value to society so that economies and communities' thrive.

The Payday Lenders We Love to Hate

Guy Corbet | Posted 17.12.2013 | UK Politics
Guy Corbet

Wonga is at times a little like an embarrassing relative. It can make us cringe but secretly perhaps we're all glad it's there. For a lot of us, payday lending galvanises our moral outrage. It gives us something to kick against. It is the business we love to hate, but perhaps we are being unfair?

Is the Financial Light at the End of the Tunnel Emerging?

Fraser Bell | Posted 25.06.2013 | UK
Fraser Bell

Is there any light at the end of the tunnel for those with an interest in Europe's continuing financial stability? As unlikely as it may sound, help could be at hand in the shape of emerging markets such as Asia, the Middle East and Russia.

Being Good Is Good for Business

Ian Wood | Posted 02.06.2013 | UK
Ian Wood

The idea that large corporations should be ethical, green or work with communities has snowballed over the last decade or so, but recent months have shown how significant a failure of corporate reputation management can become.

ID Verification: Time to Pass on the Baton

John West | Posted 20.02.2013 | UK Tech
John West

With many of us regularly using a number of online accounts, we're often advised to use a different password for each one but, if we heed that advice, we tend to either write them down, or save them somewhere else online. The flaw in either plan is obvious.

Why Champagne May Be Popped In The City Again

Charlie Thomas | Posted 21.01.2013 | UK

Champagne corks may soon be popping in the City again after data revealed the worst may have finally passed for the financial services sector. Figu...

How the European Parliament Resolves to Make 2013 a Better Year

European Parliament Web Team | Posted 09.03.2013 | UK Politics
European Parliament Web Team

The European Parliament is limbering up for what promises to be an exciting but challenging year. The crisis continues to rumble on, but efforts to put Europe back on the path to growth will not be the only initiative to make a difference to your daily life.

FSA Slammed For RBS 'Serious Misjudgment' Over Disastrous Takeover Of ABN Amro

Charlie Thomas | Posted 19.10.2012 | UK

The financial watchdog and the Bank of England have received stinging criticism from MPs on the Treasury Select Committee over their behaviour during ...

Economic Turmoil Hasn't Been Bad For Everyone...

Charlie Thomas | Posted 09.10.2012 | UK

Global financial information services company Markit's Lance Uggla has been named as Ernst & Young UK Entrepreneur Of The Year. Uggla was crowned ...

The Slings and Arrows of Outrageous Lending

Mike Beeson | Posted 03.11.2012 | UK Lifestyle
Mike Beeson

Such is the confidence of the new lenders, however, some are now moving into the mortgage market and lending to small businesses whose access to finance has been blocked in equal measure. Some would argue that opening up the market in this way is a good thing, but there's always the danger that desperate people will be seriously exploited.

Reach For The Sky All You Payday Loan Arrangers!

Mike Beeson | Posted 21.10.2012 | UK Lifestyle
Mike Beeson

If you watch daytime TV, you'll know all about Payday Loans from the deluge of advertisements that target what - it must be assumed - is a vulnerable yet receptive segment of the UK population.

Trust Me, I'm a Banker?

Margaret Heffernan | Posted 20.09.2012 | UK
Margaret Heffernan

I would truly like to think that financial services were in good hands and that the UK banking industry was safe and sound; I'd sleep better if I did.

Barclays' Problems Originated From 'Tone At The Top'

PA/Huffington Post UK | Posted 16.07.2012 | UK

A top banking regulator told MPs that Barclays problems originated from "the tone at the top" when former boss Bob Diamond was chief executive of the ...

Banks Win Again; SMEs are Fighting a Losing Battle for Better Services

Nasir Zubairi | Posted 14.09.2012 | UK Politics
Nasir Zubairi

The Bank of England and HM Treasury officially launched the "Funding for Lending Scheme" (FLS) on Friday 13 July (read the announcement and details here), yet another covert operation to shore up the banks under the disguise of helping small businesses and households to access cheaper credit and thus stimulate the economy.

Do You Have to Lie to Get Ahead?

Margaret Heffernan | Posted 11.09.2012 | UK
Margaret Heffernan

The moral chaos of the financial services industry is throwing up some interesting cultural findings. Among these is a recent report by corporate governance experts, Labaton Sucharow, showing that a quarter of the financial services executives they polled believed that unethical or illegal conduct might be required for professional success.

A Simple Cure for the Banking System

Margaret Heffernan | Posted 02.09.2012 | UK
Margaret Heffernan

Break the banks up and they won't be too big to fail; they will - finally - be small enough for success.

Why Bob Diamond's Pay Mattered

Margaret Heffernan | Posted 01.09.2012 | UK
Margaret Heffernan

When Barclays board tried to force through a massive pay deal for Bob Diamond, they looked weak. Now that he's been forced to step down, they look weak and stupid. The reason that the argument over Bob Diamond's pay mattered was that it put the relationship between CEO and board under a spotlight - and made them both look ugly.

Increasingly Cost and Value-Conscious Clients Will Lead to More Competitive Financial Services Fees

Roland Cross | Posted 24.07.2012 | UK
Roland Cross

'In a world of lower returns and reduced risk, shouldn't fees be lower too?' This was the question posed by Harry Morgan, Thomas Miller Investment, who acted as Chair of a highly distinguished panel of active investors and activist commentators at the Broadgate Mainland/Scottish Investment Operation's fourth breakfast briefing, recently held in the Balmoral Hotel in Edinburgh.

Fear and Uncertainty in Financial Services

Peter Aykens | Posted 18.07.2012 | UK
Peter Aykens

Thinking about the challenging times facing financial services providers in Europe, it might help to laugh a bit. However, no one's dismissing how challenging these times really are for financial service providers.

The Government Must Make Financial Services Work for Vulnerable People

Gillian Guy | Posted 28.04.2012 | UK Politics
Gillian Guy

In 2009/10 the Family Resources Survey found that 7% of adults in the UK didn't have a bank account. Almost one fifth of people over 65 with a bank account use someone else to access their day-to-day spending money, and a quarter find it difficult to get to a bank branch.

A Gamble Worth Taking?

Phil Shanks | Posted 24.03.2012 | UK
Phil Shanks

It was with a nod of approval from Moira Stuart (or so I imagined) that I last night filed my tax returns. Over the past few weeks I have been bloggin...

A Creative Insight Into the Banking Crisis

Hugh Salmon | Posted 09.03.2012 | UK Politics
Hugh Salmon

If, as discussed last week, the eurozone is a mish-mash of politics and economics, then the banking crisis is even more of a hot potato. On the one ...