I have spent much of the last few years listening to people asking the wrong question about artificial intelligence. Will AI take my job? Will AI replace bankers? Lawyers? Accountants? Programmers? Journalists? Consultants? The question assumes that AI competes with professions. Increasingly, I think it competes with something else entirely: normality. That thought struck me……

I have spent much of the last few years listening to people asking the wrong question about artificial intelligence. Will AI take my job? Will AI replace bankers? Lawyers? Accountants? Programmers? Journalists? Consultants? The question assumes that AI competes with professions. Increasingly, I think it competes with something else entirely: normality. That thought struck me……

Have we all gone completely mad? Seriously. We live in a world where people struggle to pay their mortgages, governments drown in debt, banks worry about inflation and central bankers agonise over interest rates. Meanwhile, a piece of cardboard featuring a cartoon monster can be worth more than most people earn in their entire lives….…

Things we’re reading today include … National Trust urged to move to ethical bank Bank governor urges John Healey to use budget to allay market fears amid bond turmoil Lloyds to phase out Halifax brand and banking app Banking lobby welcomes Bowman’s plans to ‘modernise’ Fed supervision The future of Bitcoin and cryptocurrency: what to……

It’s SIBOS week and so lots of research and news announcements. Two caught my attention though, as I always look forward to what McKinsey and Cap Gemini are saying in their payments reports. The both tell the same story from different angles, namely that the payment is disappearing. Not disappearing in the sense that we……

Global trade is breaking apart. The winners won’t be the ones who move. They’ll be the ones who connect. For years, the global trade conversation has been dominated by one question: where should we move our supply chains? China is risky, America is unpredictable, Europe is expensive and geopolitical tensions are making international commerce look……

Things we’re reading today include … Revolut takes aim at Amex and JPMorgan Most countries unprepared for bank failures, watchdog warns Why China is importing a record amount of gold One more ex-banker jailed for rigging rates has conviction overturned 1MDB Has Proposal for Settlement With Deutsche Bank Tory tax break for banks has cost……

This week’s main blog discussions include … AI and the big question: why would you ever call McKinsey or Gartner? For many years, McKinsey has been the go-to firm for advice and Gartner for research but, with AI, why bother? In fact, there is a lot of debate about whether AI will replace consultants and……

Things we’re reading today include … Citi profit tops estimates on higher investment banking, services and wealth revenue Bank of America fined $1.2bn over failing to stop money laundering Bank Bosses Are Too Optimistic About the AI Boom Russia’s largest bank Sberbank secures approval to trade crypto Zcash Continues to Outperform Every Other Major Cryptocurrency……

Britain is replacing its heroes with wildlife and, judging by the reaction, you would think the Bank of England has announced that Winston Churchill is being retrospectively defeated by a hedgehog. Out go Jane Austen, JMW Turner and Alan Turing and in comes a barn owl, a bumblebee, a puffin and a hedgehog, although the……