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Does ESG matter?
Two years ago Stuart Kirk, the then head of responsible investing for HSBC, delivered a mic dropping speech at the FT Moral Money conference. What did he say? Here’s a few quotes: “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and that’s a really……
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Does ESG matter?
Two years ago Stuart Kirk, the then head of responsible investing for HSBC, delivered a mic dropping speech at the FT Moral Money conference. What did he say? Here’s a few quotes: “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and that’s a really……
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Does ESG matter?
Two years ago Stuart Kirk, the then head of responsible investing for HSBC, delivered a mic dropping speech at the FT Moral Money conference. What did he say? Here’s a few quotes: “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and that’s a really……
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Does ESG matter?
Two years ago Stuart Kirk, the then head of responsible investing for HSBC, delivered a mic dropping speech at the FT Moral Money conference. What did he say? Here’s a few quotes: “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and that’s a really……
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Things worth reading: 6th February 2024
Things we’re reading today include … Residents warned about crypto investment scams after one victim loses nearly $5m| The Guardian Why crypto exchange Kraken’s security team lives in the shadows (fnlondon.com) PayPal launches the first FinTech stablecoin (PYUSD) (businesscloud.co.uk) Enterprise fintech market may reach $20 billion by 2030: report – The Economic Times (indiatimes.com) Y2K23’s……
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Truist: Shakeup continues with Elliott departure
Bryce Elliott, former chief information officer of wholesale and enterprise functions at Truist Financial, is no longer working at the Charlotte, N.C.-based bank. Elliott’s role at Truist is being taken on by Kelly Buchanan, executive vice president and head of enterprise payments and wholesale technology, and Jay Poole, executive vice president and head of consumer,…
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Earnings roundup: FIs trim headcount, increase tech spend
Major U.S. banks released fourth-quarter earnings over the past month showcasing that they looked to reduce costs – but not necessarily on tech spend as digital banking usership increased. JPMorgan saw its tech, communication and equipment expense spend jump 7% year over year to $2.4 billion. The New York-based bank’s headcount increased 6% YoY to…
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Who invented WiFi?
Historically, there are some technology stories that stand out. Alan Turin; Tim Berners-Lee; Bill Gates; Mark Zuckerberg; Jeff Bezos; Elon Musk … but what about Hedwig Kiesler? Shared extensively on social media, her story is all about the invention of WiFi. If you Google who invented WiFi? the name that comes back is John O’Sullivan……
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Things worth reading: 5th February 2024
Things we’re reading today include … Customer data access and fintech entry: early evidence from open banking | Bank of England Letters: The Bank of England is losing credibility under Governor Andrew Bailey (telegraph.co.uk) Bank of America pays CEO Brian Moynihan $29m, down 3% (fnlondon.com) Iraq bans 8 local banks from US dollar transactions |……
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The Finanser’s Week: 29th January – 3rd February 2024
This week’s main blog discussions include … How digitalisation is changing lending I was recently having a chat with my old friend Slava Solodkiy about the way in which digitalisation is changing lending. He then surprised me by summarising our discussion and allowing me to share it here! Here’s his write-up: How digitalisation is changing……