Tagged: banking

January 14, 2015 @ 7:54 am By Conrad Ford  |  

Let’s start with what won’t happen in business lending. Politicians and pressure groups love to opine that we need a return to branch-based local ‘Bank Managers’, who knew each customer personally and made lending decisions on a firm handshake. However attractive this nostalgia, most small… Read More

November 26, 2014 @ 12:15 pm By JD Alois  |  

PwC Rings Warning Bell as Banks Face Possible Demise. “We are surely looking at the end of the market and banks as we currently know them”.  As part of a report from a recent Peregrine Perspectives panel, an event that was organized in advance of… Read More

August 29, 2014 @ 9:03 am By Samantha Hurst  |  

Bank lending to the private sector in the US has stagnated in the last year, down by 0.13% in real terms, and continuing to fall behind the rest of the G7, according to a new study by UHY, an international accountancy network. UHY warns that… Read More

June 22, 2014 @ 11:30 pm By JD Alois  |  

A recent report from global consulting firm Deloitte declares the European banking model is under assault as technological advances are attacking the fortress of retail banking giants. The report – ‘Banking disrupted: How technology is threatening the traditional European retail banking model’ – highlights how… Read More

April 14, 2014 @ 2:02 pm By Charles Luzar  |  

Lending Club CEO Renaud Laplanche spoke with The Street recently about Lending Club’s growth and long-term goals as a platform. He didn’t shy away from the platform’s ultimate goal, which is to disrupt and bring increased efficiency to the banking sector. He also spoke briefly… Read More

July 3, 2013 @ 8:00 pm By JD Alois  |  

In a lengthy report published earlier today banking group BBVA address a wide range of financial industry challenges which included the disruptive innovation of debt and equity crowdfunding. Stating the  “financial industry faces its most dramatic transformation in modern history because of increased online and… Read More

June 7, 2013 @ 3:32 pm By Bdaily  |  

Recent figures out indicate that bank lending for small businesses is at a particularly low ebb at present – in April, they tumbled by a staggering £700 million, which is startling, given they currently account for 85% of small business finance, writes James Day, social media… Read More

May 13, 2013 @ 3:25 pm By Fresh Business Thinking  |  

Despite the economy avoiding a triple dip recession many leading entrepreneurs remain concerned about long-term growth prospects, according to the latest Smith & Williamson Enterprise Index. There was a marginal drop in the headline figure, although there were signs of positivity elsewhere. The inaugural Index,… Read More

February 8, 2013 @ 8:09 am By Presseurop  |  

I have started making loans to total strangers – scores of them. I am not mad, rich or philanthropic. The loans are tiny. The safeguards are good. So far, the borrowers are paying me back and I am turning a handy profit. Even nicer, I… Read More

December 20, 2012 @ 6:37 am By JD Alois  |  

There was an article published on Business Insider recently by James Pethokoukis from the American Enterprise Group talking about how public policy is stifling entrepreneurs in the United States.  He had some pretty interesting information to back up this statement. First lets look at some… Read More

December 13, 2012 @ 5:06 pm By The Economist  |  

    OF THE things you expect to encounter in a financial firm nowadays, hope is not high on the list. Panoramic views, insincere receptionists, plates of uneaten biscuits, yes. Optimism, no. But this is a time of huge opportunity in finance—as long as you… Read More