"Here I Go Again:" Foreign Exchange and Economic Development
Mao said it best; "When you point your finger at the moon, the fool sees your finger, the wise man sees...
Does anyone really think banks aren't aware of the Fintech challenge?
I find it interesting that so many bloggers on Fintech deride the banks for being slow, clueless or...
Fintech 2.0 – rebooting financial services
After struggling to gain traction, fintechs are now capturing a growing market share across financial...
The three reasons banks fail to embrace digital effectively
I’ve been presenting the theme around what banks have to do to become digital for a while now, and...
Global Competitiveness: Financing Innovation in the U.S. and China
There is a vigorous debate about innovation in China and U.S.-China competitiveness. It is widely held...
Unbundling versus Best Ex
So, the September date looms for ESMA’s final clarification on unbundling. What seems evident is that...
"Oye Como Va?" The Bodega, China and Economic Development
The bodega is a colorful fixture of upper Manhattan, NY, the Bronx, Queens, Brooklyn, Brentwood, LI...
No such thing as a free lunch – or bank account
Statistics released today by Tesco Bank, revealing that 55% of banking customers have no idea how much...
How the Modest will Inherit Global Trade - Part III:
Democracy is essential to economic growth because it makes entrepreneurship exportable. I will elaborate...
How the Modest will Inherit Global Trade -Part II
The wealth of the U.S. doubles every 40 years just as its economic growth does. The pace of U.S. and...