Our biggest stories of the past week are ...
It's holiday time! The Finanser is now off on holidays until January 3rd, and wishes all of our readers the very best for the holiday season. Thinking about 2013, here's our message for the New Year ...
At the start of the year, I always make a few predictions about what will happen in the following year. Watch this blog in January for 2013’s predictions. But what were the predictions for 2012? Well Economically, I made the...
As we’re in the final countdown to the end of year celebrations, it’s a good moment to reflect on what’s happened in 2012 in banking. If 2010, the mantra was all about banker’s bonuses, bank governance and bank risk; and...
So what’s the year been like from an investment view? Hmmm, well at the start of the year everyone said invest in America and, looking at the returns from the US markets, they may well have been right: Closing prices...
The #1 buzz phrase that everyone has grown to hate (especially Ron Shevlin) is Big Data. Sure, you may hate it, but it is still pretty important, as I blogged a wee while ago. A second area that has become...
The major general news stories of the past week include ...
'sacked for being too successful' could be in line for £11?million payout
- The Telegraph
A banker who claimed that he was dismissed for being "too successful" could be awarded an £11?million payout after winning a five-year battle against his former employer.
Libor emails: 'I'll pay you $50,000, $100,000 ... whatever you want' to rig
rate, trader told broker - The Telegraph
UBS traders conspired with brokers to manipulate Libor and discussed their efforts in a series of emails revealed in the Financial Services Authority's final notice to the Swiss bank.
Libor - Financial Times
What is the London interbank offered rate and how did things go wrong? An explanation of Libor and its role in the banking system
in charts: The long road to recovery - Economist
The Economist's year in nine charts 1 2 3 4 5 6 7 8 9 ...
Sants' £3m pay package is a mistake, warns Lord Myners - The Telegraph
Barclays has "made a big mistake" in offering its new compliance officer, Hector Sants, a pay package reportedly worth as much as £3m, Lord Myners has warned.
to payout £10m to customers - The Telegraph
Banks to repay customers who forgot to take money from cash machine.
could revolutionise lending, says Andrew Haldane - The Telegraph
New sources of finance such as crowdfunding could challenge the dominance of major banks, according to a Bank of England senior director.
fears over packaged bank accounts - The Independent
The "no win, no fee" industry is gearing up for a new year assault on Britain's banks over the sale of packaged bank accounts.
to Britain - plastic banknotes - The Telegraph
The Bank of England is preparing to introduce plastic banknotes as part of its new £1bn tender to produce sterling from as early as 2015.
lending boom could make banks obsolete - The Independent
The days of the banking middlemen may be numbered as a technological revolution in business lending shakes the dominance of the UK's biggest banks, a senior director of the Bank of England has said.
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