Not banking on the banks
The banks have blown it. Are person to person loans the future? And a man who tastes chocolate for a living. Plus Lucy Kellaway on why companies need Latin mottos.
The banks have blown it - so what next? Business Daily explores new forms of finance after the crash: person to person lending and banks without speculation.
We talk to the founder of a new bank in Germany which plans only to borrow and lend. It intends to make money in the old-fashioned way without speculating on currencies and stock prices. Will it mean smaller but steadier profits?
And in our "Just the Job" series, we talk to a man who tastes chocolate for a living. Micah Carr-Hill develops chocolate for Green & Black's, the organic chocolate maker. Does he ever get sick of it?
And Lucy Kellaway used to sneer at Latin mottos but now she thinks they serve a good purpose. Companies should get themselves one. Nomina Rutrum Rutrum.
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- Mon 24 May 2010 07:32GMT大象传媒 World Service Online
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Business Daily
The daily drama of money and work from the 大象传媒.