The biggest news stories of the week include …
Obama Screwed Volcker – The Daily Beast
- Record profits at Standard Chartered but bad debts rise
- HSBC's £7bn profits to offer insight into Asian economy
- Turner: Cost of bank bailout was small compared to
instability The Independent
- 'Robin hood' bank tax wins backing of Japanese foreign
minister The Telegraph
- Barnier refuses to back down in EC battle with hedge
funds The Independent
- US banks veto 'socialist pay' in secret talks The Independent
- City headhunter warns of banker exodus over bonus row
And our biggest stories of the week are …
When should banks move to dump branches, rearchitect for
electronic connections and move away from old style paper processes?
When do we see the tipping point and how do you deal with it?
Did I mention that I’m in love with the Economist’s 16-page supplement on a deluge of data. There are diamond and gold nuggets of information throughout the report. Here are a few highlights …
One of my banking colleagues provided me with a major revelation yesterday. He said: “if you want to spot the next country to be in distress, look for a skyscraper.”
For a while now, the industry has struggled with secure identities. Now SWIFT has created a new approach, the Personal Digital Identity (PDI) token. Is this a good thing or creating even more confusion?
This month had a real crop of great items in Fortune, Bloomberg and the Economist: from Alan Greenspan's fightback to the future of reading; from a deluge of data and how to cope with it to living through the meltdown of AIG; from why Canada is best for banking to the Absolute Banking Nightmare that RBS discovered at ABN.
Here's a summary of these key stories.
In our second month of monitoring the MTF performances in European Equities trading in partnership with Thomson Reuters Equity Market Share Reporter(EMSR) – for last month's figures and charts, click here - we find that Chi-X continues its success, whilst LSE win this month's battle with Xetra for second place.
As folks who read this blog regularly know, I often return to the theme of latency and high frequency trading (HFT). So a friend tipped me to look at the SEC's latest consultation document released in January on trading in American equities markets. Interesting section at the bottom of page 62 …
Watching the Carling Cup Final yesterday, I noticed a chap who obviously didn't realise that sitting next to England Manager Fabio Copello would immediately get him noticed …
Nice ad from ANZ Oz.
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