John Stopford saw-tooth economy

you remind me of a saying [forget the source] that in the history of banking, banks cumulatively have not made a profit, but bankers have been greatly enriched. still true? My own 2020 scenario that I use most has a saw-tooth effect but my argument includes the effects of commodity movements as well. That plus growing complexity will stump us all
Posted: 20 November 2010 at 19:24

Doug Vining Irish Banks for sale

After playing a central role in bringing the country to its knees, Ireland's banks are up for sale. The central bank boss Patrick Honohan this week took the unusual step of urging bidders to step forward to take them off the authorities' hands.
Posted: 24 November 2010 at 19:14

Anton Musgrave Do we need to redefine how we measure and reward growth?

CEO compensation is the hot topic at the moment. In many cases it is linked to the growth of a Companies value on the listed markets. The question that needs to be asked is how that growth was derived? Was it as a result of short term cost cutting or by successful investment in long term value creating initiatives? Is this value measured for its long term sustainability and impact on the wide group of company stakeholders, including the communities they engage with, directly or indirectly?
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Posted: 14 February 2011 at 04:05

Doug Vining Is 'banker' a dirty word?

One year after Occupy Wall Street, it helps to reflect on the anger and antipathy stirred up against the banks and bankers. This article highlights some of the letters written to bankers by victims of the debacles that fuelled that anger.

Since then of course, we've had the bonuses scandal, the LIBOR issue, and the dirty money stories. It's no surprise then, that the banks and bankers are almost universally despised. And distrusted.

Our theme Naked Leadership speaks directly to these issues, and is an absolute 'must see' for all banking and financial services executives!
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Posted: 17 September 2012 at 09:48

Anton Musgrave Winners and Losers?

Interesting performance stats for the investment banks. The big question is who will be tomorrow's winners and losers...and the performance of the past few years is not encouraging. Where are the new competitors that can capitalize on the state of this industry?
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Posted: 3 October 2012 at 08:27

Doug Vining Funding the future

We've been fairly critical of banks in general over the years, because they are bureaucratic, oligarchic and not very innovative, although there are exceptions. But we've also been quick to point out that banks, like all businesses, can change their future.

Globally, banks are having a hard time of it, their reputation is in tatters, and new competitors are disrupting their traditional revenue streams. From Bitcoin to Mobile Money, technology is proving a key disruptor. So too, does crowdfunding become a force to be reckoned with.

There's a new type of service in the US, called Simple. They prefer not to call themselves a bank. Their ad slogan is: "Get ready to leave your bank." Crowdfunding could be one more reason that, in the future, some businesses may not need a bank at all.
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Posted: 26 July 2013 at 12:04

Neil Jacobsohn The Perfect Storm in banking

Do the banks really understand the Perfect Storm in which they find themselves? They face a global trust crisis, a regulatory tsunami, an full-on assault from a plethora of new non-banking competitors, demands from their own staff and customers for new models and services, and more. As this article suggests, up the 35% of traditional bank revenue may be under threat in a shifting marketplace.
And yet, in so many of the interactions we have with financial institutions, we find the same old complacency and often arrogance - the "we're to big to fail" mindset. Tell that to BlackBerry. Tell that to Kodak. Tell that to Lehman Brothers.
The point we make to these and other organisations is that its not about your industry. It's about a fundamental market shift. The reality is that it is your customers who are changing. And if you don't change with them, there's no prizes for guessing what will happen. Or, like some of the banks we encounter, do you think you're bigger and more important than your customers?
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Posted: 9 March 2014 at 12:34
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