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Banking with the enemy

01 July 2009 1 comment

Matt White

North America editor

Finextra

Interesting, if not entirely surprising, snippet from the strategic innovations in payments systems panel discussion here at EBAday.

Lee Fulmer, currently with IBM, revealed that in his previous life at Hbos he refused to bank with his employer. He didn't like the products offered and so banked with the rival HSBC.

Understandably the panellists who work at banks weren't as forthcoming about their arrangements (although in fairness they weren't asked the question) but I'm sure Fulmer's case is far from unique.

So, are there any Finextra members who work, or used to work, for banks, with similar tales to tell?

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EBAday

EBAday is the annual event for European payments professionals organised by Finextra and the Euro Banking Association. This community has been created to deliver a forum for EBA delegates to exchange views on instant payments, open banking and new developments in payments processing and technology.

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Paul Penrose Head of Research at Finextra

01 July 2009

What about Victor Blank, chairman of Lloyds, who had £455,000 pilfered from his premier savings account at....Barclays Bank.

Barclays worker jailed for stealing £455,000 from Lloyds chairman

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Matt White

North America editor

Finextra

Member since

27 Nov 2006

Location

Toronto

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