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Archive for: October, 2008

Paul Penrose - Finextra - London | 24/10/2008 | 2455 views | 1 comment

RaboPlus offers a role model for executive blogging

Bryan Inch, the general manager of RaboPlus, the Australian Internet arm of Dutch co-operative Rabobank, has been running an executive blog for over a year. In September, he announced through the blog that he would be moving back to New Zealand and leaving the bank. He also introduced his successor, Greg McAweeny, who successfully launched RaboDir... Tags: Online banking, Retail bankingGroup: Finance 2.0

Paul Penrose - Finextra - London | 24/10/2008 | 2610 views

Gordon Gekko RIP?

With what appears to be impeccable timing, Hollywood is awash with reports of the imminent return of Gordon Gekko, the ultimate master of the universe, in a reprise of the 1987 blockbuster Wall Street. With a working title Money Never Sleeps, the new movie will see Gekko released from jail to confront the financial market meltdown afflicting modern... Tags: Dealing rooms, Wholesale bankingGroup: Where are they now?

Paul Penrose - Finextra - London | 21/10/2008 | 3931 views

NAB's social media meltdown

National Australia Bank's brave experiment with social media appears to have blown up in its face. NAB initially set up myfuturebank.org (now sadly deceased) to engage with customers online and listen to their experiences of using the bank. But faced with the inevitable critical comments that tend to surface in such a public forum, the bank seems ... Tags: Online banking, Retail bankingGroup: Finance 2.0

Paul Penrose - Finextra - London | 21/10/2008 | 2725 views

HSBC's amazing new bank account

HSBC recently wrote to inform me of important changes to my bank account. Apparently, customers had expressed dissatisfaction with the paltry 0.1% AER rate of credit interest offered on HSBC's curent account. HSBC's solution? To stop paying any interest on its new range of current accounts. "After all," says the bank. "You could get a better rate... Tags: Retail banking

Paul Penrose - Finextra - London | 14/10/2008 | 4219 views

An important message from the Central Bank of Jamaica

Flashing across trader's newscreens everywhere on Friday Tags: Dealing rooms, Wholesale bankingGroup: Whatever...