Celebrity Central Bankers

But banking is also mystifying.

And so the next question is okay, Steve just told me think about a business model but what is a business model?

Bank Regulation s Capital Mistake

Take your money out to their friends in the banking business.

The US, the world s banker, had mutated into the world s hedge fund.

Government officials have identified far too closely with the distorted, self interested worldview of global banking executives.

What's a foreign business model typically right now, a foreign business model is one that's occurring in the US.

The International Labour Organization model

This search for the business model.

Fill out the business model canvass.

You know as much as you do about banking.

But my whole business model is,

Competition kind of exists outside the business model canvas.

You're all familiar with the business model canvas.

Understand they're an integral part of your business model and business model canvas.

The global banking system is still weak in general, and particularly so in Europe.

I believe the banking business is legal. I'm also mayor.

So let's take a look at our business model canvas.

After five years of global financial sector scandals on a grand scale, patience is wearing thin.

Some commercial banking activities are closer to securities trading.

I mean, our group won't get all the way there but eventually we'll have a very good computer model sort of like a global climate model for weather.

What's the most important things you need to do for the business to make the business model work.

Phase 1 is you state your hypotheses and you draw the business model canvas.

The humanitarian model has barely changed since the early 20th century.

That's the only way that the model works.

As Haldane puts it, banking became the goose laying the golden eggs.

More broadly, we have lost sight of what banking is supposed to do.

What you're searching for is the business model and that business model search is the basis of the rest of the class.

The best case against Glass Steagall s repeal is not that mixing investment and commercial banking caused the crisis.

More competition for investment banking oligarchs from commercial bankers and insurance companies with deep pockets seemed likely to reduce the investment banking industry s unconscionable profits.

But I do have some reservations about the Wal Mart model as a blueprint for global growth.

And I want to know how that business model that you showed me on a product basis is going to translate into a company model.

Resumption of robust world economic growth is the basis for delaying the implementation of the Basel III bank rules.

We actually get to execute your business model in customer creation and company building.

Probably four.

(1) Global Programme of Action

Overall, the outlook for post crisis international banking has turned positive.

One camp, call it the Banking Camp, regards a central bank as a bank for bankers.

That is, you'll understand business model design, you'll understand all the components of the business model canvas and understand the startup is not just a bunch of teams who have free food and you bring your dogs to work and work incredibly hard.

And that answer speaks to the disturbing realities of modern day central banking (or, to be more exact, central banking in the post bubble world of debt overhangs and sovereign debt concerns).

Now, what we actually do with the Business Model Canvas is in week 1.

So in the last lecture, you remember the business model canvas, all the 9 components of a startup.

Now we finally come to the last part of the business model canvas.

Interbank relationships, as well as investment banking operations, are already highly international.