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Rigged Game

The table is tilted, the dice are loaded, the cards are marked, but the game goes on.

Tag: TSB

Multiple Online Banking Systems Go Down in the UK

Payment chaos. For bottom-line-obsessed bank executives, IT systems are an expense that needs to be slashed. The results are showing up… Read More Multiple Online Banking Systems Go Down in the UK

September 21, 2018September 21, 2018 Don QuijonesLeave a comment

Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK

The payments industry deplores it, but cash is starting to look pretty good, and central banks agree: “We do not foresee a totally cashless society”: ECB… Read More Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK

September 8, 2018September 8, 2018 Don QuijonesLeave a comment

Why Are So Few Customers Leaving a Bank that Trampled on Them?

Despite months of IT mayhem and all kinds of problems, customers cling to TSB Bank in the UK… Read More Why Are So Few Customers Leaving a Bank that Trampled on Them?

August 29, 2018August 29, 2018 Don QuijonesLeave a comment

Banco Sabadell Begins to Pay the Price for TSB’s Self-Inflicted IT Fiasco

The horribly botched IT upgrade hits the income statement.… Read More Banco Sabadell Begins to Pay the Price for TSB’s Self-Inflicted IT Fiasco

July 28, 2018July 28, 2018 Don QuijonesLeave a comment

Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages

An industry dogged by non-believers who fret about privacy and fraud. … Read More Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages

June 17, 2018June 17, 2018 Don QuijonesLeave a comment

Tragicomic Farce at UK Bank TSB Enters Week 7 of IT Chaos

Bank-friendly regulators finally show some interest… Read More Tragicomic Farce at UK Bank TSB Enters Week 7 of IT Chaos

June 7, 2018June 7, 2018 Don Quijones1 Comment

Furious Customers Leave in Droves As IT Nightmare Drags On at UK Bank TSB

“It is unacceptable for banks not to keep our accounts safe”… Read More Furious Customers Leave in Droves As IT Nightmare Drags On at UK Bank TSB

May 22, 2018May 22, 2018 Don Quijones1 Comment

As IT Fiasco Drags On, UK Bank’s Next Big Problem Could Be Internal Revolt

It’s time for executive bonuses. … Read More As IT Fiasco Drags On, UK Bank’s Next Big Problem Could Be Internal Revolt

May 7, 2018May 7, 2018 Don Quijones1 Comment

UK Bank’s IT Disaster Enters 2nd Week, Contagion Fears Rise

“This turned what was a super-hard systems job [into] a clusterfuck in the making.”… Read More UK Bank’s IT Disaster Enters 2nd Week, Contagion Fears Rise

May 1, 2018May 1, 2018 Don QuijonesLeave a comment

UK Bank’s Tech Chaos Is Blocking Customers from Their Funds: Day 5

But Spanish parent, Banco Sabadell, proclaimed triumphantly to its Spanish audience that the botched IT transition was a resounding success.… Read More UK Bank’s Tech Chaos Is Blocking Customers from Their Funds: Day 5

April 25, 2018April 25, 2018 Don Quijones1 Comment

Just Out!

  • Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the Story
  • Congress Escalates Pressure on Tech Giants to Censor More, Threatening the First Amendment
  • Mario Draghi Is the Problem, Not the Solution
  • GameStop Hearing Exposes a Sick Business Model Destined to Exacerbate Wealth Inequality in America
  • FX Rigging May Have Spread to 200 Chat Rooms, Lawyer Says

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Top Posts

  • Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the Story
  • Mario Draghi Is the Problem, Not the Solution
  • Congress Escalates Pressure on Tech Giants to Censor More, Threatening the First Amendment
  • Twilight Zone as ETF Provider Warns Buying Silver will Harm Hedge Funds and Large Banks
  • GameStop Hearing Exposes a Sick Business Model Destined to Exacerbate Wealth Inequality in America

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