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Paul Penrose

Flying high: Ken Lewis stonewalls in style

Bank bosses just don't get it. BofA president Ken Lewis is once again in hot water after flying to a hearing in New York with Attorney General Andrew Cuomo on a luxury private jet. Lewis was there to ...

27 Feb 2009
Whatever...
Paul Penrose

Protestors hang banking effigy at 'family event'

This is getting serious. Following on from the politically-sanctioned banking witch trials in Parliament, demonstrators have hanged an effigy of a banker from Marble Arch in protest at the growing fin...

27 Feb 2009
Whatever...
Paul Penrose

Bank of America outs Twitter imposter

Bank of America twitterer David Knapp at BofA_help has outed an impersonator operating under the monicker bofabanker. The anonymous BofA imposter set up his Twitter account yesterday and claimed to ...

25 Feb 2009
Finance 2.0
Paul Penrose

What's the difference between Hbos and HSBC?

What's the diference between Bank of America and Wells Fargo? Citibank and JPMorgan Chase? Royal Bank of Scotland and HSBC? Hbos and Barclays? From a consumer perspective, very little. They all offer ...

25 Feb 2009
Futuristic Banking
Paul Penrose

Mindboggling science and the arrival of home evolutus

TED speaker Juan Enriquez looks beyond the financial crisis at mindboggling science and the arrival of home evolutus. Here's the pitch: "Even as mega-banks topple, Juan Enriquez says the big reb...

25 Feb 2009
Video extravaganza
Paul Penrose

Shoot the messenger

A poll of CEOs at Fortune 1000 companies conducted by Frost & Sullivan has concluded that the global economic slump is all the fault of 'the media', which is twisting facts and exaggerating econom...

20 Feb 2009
Whatever...
Paul Penrose

The PayPal Rally

PayPal in Germany recently conducted an interesting experiment to see how far you can get in the offline world using just an iPhone and a PayPal account. The firm equipped two competing teams on a tri...

20 Feb 2009
EBAday
Paul Penrose

Save the children - The International gets an X rating

The New York Times does a good job of reviewing The International - a new zeitgeist-tapping movie that portrays the nefarious activities of a fictitious international bank dubbed IBBC. As the NYTimes...

16 Feb 2009
Whatever...
Paul Penrose

Andrew Cuomo's bonus crime sheet

Looks like New York's tenacious attorney general Andrew Cuomo has blown a gaping hole in the latest line of defence used by desperate bank chiefs to shore up bonus pools: ie that the bonus culture als...

12 Feb 2009
Paul Penrose

Risk managers: guiding light or pesky whistle blowers?

Goldman chief Lloyd Blankfein won a lot of column inches for an article in the FT this week when he called on the industry to raise the status of the risk manager from obstructive killjoy to guiding ...

11 Feb 2009
Paul Penrose

'Tone deaf' Wells Fargo beats retreat

Whatever were they thinking of? Wells Fargo, a recipient of $25 billion of taxpayer bail-out money, has been forced to cancel a lavish all-expenses paid trip to Las Vegas for up to 40 employees after ...

04 Feb 2009
Paul Penrose

Faster Payments?

The UK's Faster Payments service has taken a critical panning from the BBC. The Corporation's MoneyBox programme claims the system is in "disarray", as banks implement the technology in a d...

26 Jan 2009

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