Sharad

682 Flips | 10 Magazines | 15 Likes | 4 Following | 172 Followers | @sharadmistry | Keep up with Sharad on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Sharad”

Murder, she wrote: the missing bankers thriller

Whodunnit writer Elizabeth Corley will be telling MPs all about disappearing City jobs this week<p>When thousands of bankers reportedly disappear, a special committee is called in to investigate. Will it solve the mystery and save the UK economy? Or have the City jobs vanished forever?<p>That all sounds …

UK Economy

Here's what Elon Musk, Richard Branson, and 29 other successful people ask job candidates during interviews

They're not in the habit of wasting time with dumb or irrelevant queries.<p>In fact, they often have one favorite go-to question they like to ask. This typically reveals everything they need to know about a job candidate.<p>Here are 31 of those questions.<p><i>Jacquelyn Smith, Alison Griswold, and Vivian Giang</i> …

2017 tech trends: 'A major bank will fail'

<b>If 2016 seemed politically tumultuous, 2017 promises to be equally tumultuous on the technology front.</b><p>The pace of change is accelerating at a dizzying rate, with profound implications for the way we work, play and communicate.<p>So what are the big technology trends to watch out for in …

Artificial Intelligence

The Truth About Blockchain

Contracts, transactions, and the records of them are among the defining structures in our economic, legal, and political systems. They protect assets and set organizational boundaries. They establish and verify identities and chronicle events. They govern interactions among nations, organizations, …

What We Learned About Management in 2016, in 19 Charts

The 1% and the Asian middle class have gained the most from globalization. The U.S. lower middle class, not so much.<p>In many cases, Millennials and Baby Boomers want the same things out of a new job. And Boomers are slightly more likely to want to work somewhere fun.<p>People who are both in demand by …

Psychologists spent a month tracking the moods of 28,000 people, and what they did when they were the happiest surprised them

We like doing things that feel good because, well, they feel good. It's something psychologists call the "hedonic principle." Basically, the principle goes, we try to do pleasurable things whenever possible and avoid un-pleasurable things whenever we can.<p>Given our pleasure-seeking track record, …

Happiness

Bank of England to reveal stress test results for UK's biggest banks

Snapshot assesses resilience of six banks and one building society as well as risks to post-Brexit financial system<p>The Bank of England is due to provide a snapshot of the strength of Britain’s biggest lenders after assessing their resilience to a dramatic economic downturn and sharp fall in house …

Bank of England prepares to protect City firms from hard Brexit

Governor Mark Carney begins work on transitional arrangements to maintain London’s stature in global finance<p>The Bank of England is pushing ahead with plans for transitional arrangements after Brexit negotiations in an attempt to protect financial institutions from a cliff edge deal that could …

Hard Brexit

Lloyds Banking Group to close 49 branches and cut 665 jobs

Mobile vans being launched to visit affected communities but unions say reductions will have impact on customers<p>Lloyds Banking Group is cutting 665 jobs and closing 49 branches as it continues to cut costs in an attempt to complete its return to the private sector.<p>To cushion the blow of further …

Lloyds Banking Group

Deutsche Bank's earnings call was the most brutally honest, angsty thing we've heard in a long time

After the German lender reported earnings that beat forecasts, CEO John Cryan got on the call and spoke about "infuriating" news stories about the bank, and the fact that clients don't call as much when the bank is in the headlines.<p>Cryan started by setting out how the bank's third quarter had been …

Deutsche Bank

How to Create a Social Media Branding Strategy From Scratch

One of the major reasons that people buy products from a business is because they trust their name. If you’ve established credibility, then people …

Social Media

Banks poised to relocate out of UK over Brexit, BBA warns

<b>Large banks are getting ready to relocate out of the UK early next year over fears around Brexit, the British Bankers' Association (BBA) has warned.</b><p>Writing in The Observer, its boss Anthony Browne also says smaller banks could move operations overseas by 2017.<p>"Their hands are quivering over the …

Financial Services

HSBC Hires Ex-Goldman Banker to Help Drive Market Share

Using a rare hire from a Wall Street firm, HSBC is pushing hard to become the top European-based investment bank while its regional rivals struggle …

Lloyds succumbs to pension fund turmoil as it slides into deficit

Lloyds Banking Group will become the latest FTSE 100 giant to be sucked into Britain’s pensions turmoil this week, when the lender reveals its huge scheme has slumped into a deficit.<p>The bank will kick off the earnings season for Britain’s biggest lenders when it posts third-quarter results on …

Investing

The Two Biggest Communication Blunders During a Reorg

Leaders of reorgs typically fall into one of two traps when communicating with their employees. We’ll call the first one <i>wait and see</i> and the second <i>ivory-tower idealism</i>. Perhaps you have seen one, or both, in your own reorgs.<p>In the first trap, <i>wait and see</i>, the leader of the reorg thinks everything …

Can playing games help you get a job and save more?

<b>How often does your boss summon you to play Minecraft, or demand that everyone convene urgently in the boardroom for a game of Monopoly?</b><p>Not often, I bet. Yet, as Claire Woodcock, strategy manager at digital agency, Razorfish, says: "Adults are no different to children in that we learn best through …

Pensions

Bank Trials Show India's Blockchain Interest on Rise

Two banks in India have reportedly partnered on a series of blockchain trials aimed at testing the waters for potential new services.<p>Axis Bank and …

Axis Bank

Banks could move assets out of UK by 2017 if 'EU passport' is lost

Government must focus on helping banks maintain rights to sell services across EU or Britain could lost status as financial hub, says thinktank<p>Banks could start making decisions to move assets out of the UK as early as the end of 2017 if there is no deal in place to maintain their rights to sell …

European Union

This is why Britain's banks will suffer greatly if Brexit kills the housing market

Mortgages account for such a huge amount of bank lending, meaning that if prices were to plunge, Britain could find itself back in the depths of a credit crisis.<p>This is not a theory that is out of this world. Already, sterling is at a 31-year low, and companies and banks are either cutting jobs or …

Housing Market

Wells Fargo's Scandal Exposes the Real Crisis Brewing Among Banks

As revenues are drying up, banks are turning to aggressive tactics out of desperation to grow.<p>, whose long-time CEO John Stumpf resigned this week, …

Lloyds Banking Group cuts 1,200 jobs

<b>Lloyds Banking Group has confirmed 1,230 jobs are being cut as part of its continuing restructuring plan.</b><p>The bank, which is 9% state-owned, and has been working to reduce costs and improve returns for shareholders.<p>The jobs will go from the group operations, retail, customer products and marketing, …

Investing

Bankers' love of London complicates Brexit relocation plans

LONDON (Reuters) - As Britain heads for the EU exit, financial firms intending to move London-based jobs to continental Europe face a costly choice: offer generous relocation and redundancy packages, or expect a flood of lawsuits from disgruntled staff.<p>A sign for Bank Street and high rise offices …

Financial Services

Why I'm convinced that smartphone-only banks like Monzo are the future

Over the past few years, a seismic shift has taken place in the world of retail banking. Traditional banks are now facing stiff competition from smartphone-only upstarts.<p>In the US, there’s Simple, and in the UK, there’s Monzo, Atom, Tandem, and Starling. By and large, these are all very much in …

Banking

Is CoinsBank The 'New Bank' On The Blockchain?

Down at the Mediterranean ‘melting pot’ on the Turkish Riviera this weekend, leading thinkers and shapers from the cryptocurrency fraternity came together to witness what is being dubbed the first “challenger bank” on the Blockchain, the decentralized technology revolutionizing the way people …

Five Predictions About Banking’s Future

What does the future hold? As I referenced in an earlier article, I gave a presentation about the future of banking at Bank Director’s third annual …

Banking

A big Dutch bank is replacing 5,800 people with machines, at a cost of $2 billion

European banks are desperately trying to find ways to save money in these straitened times. ING, a major Dutch lender, announced this week that it plans to save €900 million ($1 billion) a year by cutting 5,800 jobs as part of a “digital transformation.” A further 1,200 employees will have their …

CEOs of Australia's Biggest Banks Are Set to Face Parliament

The chief executives of Australia’s ‘Big Four’ banks are set to be questioned over three days this week by a parliamentary committee that could …

Goldman Sachs: We’re in the ‘second wave’ of fintech

The next stage of development in financial technology is going to be partnerships between big banks and startups. It’s actually the third wave of the …

Big banks miss out on fintech investment opportunities | Financial Times

Investment banks are making only paltry investments in start-ups focused on innovative capital markets technology in spite of the opportunity to use …