Archive for the ‘General’ Category

Farewell, parting is such sweet sorrow…

Friday, August 27th, 2010

Well this is farewell then, as I am departing Financial Sector Technology (FST) after five and a half years in charge as editor. It's been a rollercoaster journey since joining in January 2005 as the sector has gone from boom to bust, but I've thoroughly enjoyed the ride! Many things ...

Guest Blog: Controlling expenses

Friday, August 13th, 2010

David Vine, CEO of GlobalExpense, believes that financial services companies are both missing a trick to save money on the bottom line, and failing to strategically manage their business’s second largest controllable cost, by paying scant attention to their employee expenses system. He cites the firm’s recent Employee Expenses Benchmark ...

Standard Chartered Great City Race is tonight

Thursday, July 15th, 2010

More than 6,500 runners from over 400 companies, most of them banks and insurers based in the Square Mile, will run around 5km of closed-off streets tonight in the City of London. Yes, it's the Standard Chartered Great City Race again. Starting tonight at 7.15pm, with race day ambassador, Denise Lewis OBE ...

Who’s the greatest technologist?

Wednesday, June 23rd, 2010

There is just one one week to vote for your favourite Information Pioneer on the Information Pioneers campaign website at http://pioneers.bcs.org. Those who haven’t yet seen the five short films that highlight the achievements of the often forgotten and unacknowledged Information Pioneers should visit the site before voting closes on ...

The perils of taxpayer takeovers: Invasion by Palace fans

Wednesday, June 2nd, 2010

Just a few quick thoughts on the perils of taxpayers owning major stakes in some of our biggest High Street banks ...don't worry, I'm not going over the same old ground about lack of managerial control and the like as I'm sure you've all read enough about that already. Instead, what ...

Bye bye to the bonus pool?

Monday, May 17th, 2010

With the Liberal Democrat MP Vince Cable now ensconced in the coalition government with the Conservative party as Business minister, with special responsibility for the banking sector, how long does the bonus culture in the City of London have left? The Cable guy famously promised to do away with the excessive ...

The final countdown to tonight’s debate

Thursday, April 29th, 2010

At last the final TV debate between the leaders of Britain's three main political parties is almost upon us, starting on the BBC this evening  at 8.30pm. The subject matter this time is the economy, which should make it the most relevant of the three debates so far to the ...

Budget latest

Wednesday, March 24th, 2010

The Chancellor, Alastair Darling, has said in his 2010 Budget report that he intends to ensure that everyone in the UK who wants a bank account can get one. Speaking prior to the impending general election in May, making some of his announcements quite politically motivated and necessarily subject to ...

iPad launch – a gadget too far?

Wednesday, February 3rd, 2010

All the hoopla around the iPad launch and what it could do to revolutionise consumer behaviour and consequently how banks, insurers and others might seek to target them for marketing purposes, has got a little bit out of hand. Yes, Apple does have an enviable record for developing products that build ...

Will new bank regulations from Obama take us back to the future?

Monday, January 25th, 2010

The American President, Barack Obama is proposing major new curbs on the activities of banks to try to prevent future financial crises. He intends to restrict the size of banks and limit riskier trading practices by re-instating a modernised version of the famous Glass-Steagall Act from the 1930s that separated ...