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SIBOS #1: Why banks don’t get innovation

So it’s six weeks until SIBOS and, at SIBOS, I’m participating in a stream all about innovation called innotribe. Innotribe is going to be a hotbed discussion of new things in banking, particularly new disruptive technologies such as cloud computing, mashups and crowdsourcing. To be honest, all of those interest me, but most banks are…

Liquidity Management … what’s all that about?

After talking about Wall Street's liquid workers, liquidity risk, liquidity reporting and liquidity management on several occasions, we had a big debate about it in the Financial Services Club a couple of weeks ago. It interests me because it is such a wide-ranging subject.  For example, liquidity in trading is all about having liquid assets…

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Hank Paulson has no shame

We go around trying to find someone to blame for the financial crisis.  Some choose Alan Greenspan, others George W., some Bill Clinton and one or two even blame David Bowie, but my leading contender has to be Henry 'Hank' Paulson. First, as head of the US Treasury, it was his decision to let Lehmans…

Hank Paulson has no shame

We go around trying to find someone to blame for the financial crisis.  Some choose Alan Greenspan, others George W., some Bill Clinton and one or two even blame David Bowie, but my leading contender has to be Henry 'Hank' Paulson. First, as head of the US Treasury, it was his decision to let Lehmans…

Where will innovation come from?

McKinsey publish regular articles and research that stimulates the little grey cells.  For example, this week they ask the question: "will Asia become the center for innovation in the 21st century?" This is a timely discussion, as it fits with the work I'll be delivering at SIBOS this year, bearing in mind that SIBOS is…

Where will innovation come from?

McKinsey publish regular articles and research that stimulates the little grey cells.  For example, this week they ask the question: "will Asia become the center for innovation in the 21st century?" This is a timely discussion, as it fits with the work I'll be delivering at SIBOS this year, bearing in mind that SIBOS is…

Where will innovation come from?

McKinsey publish regular articles and research that stimulates the little grey cells.  For example, this week they ask the question: "will Asia become the center for innovation in the 21st century?" This is a timely discussion, as it fits with the work I'll be delivering at SIBOS this year, bearing in mind that SIBOS is…

Where will innovation come from?

McKinsey publish regular articles and research that stimulates the little grey cells.  For example, this week they ask the question: "will Asia become the center for innovation in the 21st century?" This is a timely discussion, as it fits with the work I'll be delivering at SIBOS this year, bearing in mind that SIBOS is…

Why is clearing so complex?

As mentioned, last week was a clearing and settlement week, with lots of discussions about the issues of clearing in Europe.  You would think if it was clearing, it should be clear … but it's a real mess of complexity and confusion if we're honest. In Europe, part of the issue comes down to the…

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Why is clearing so complex?

As mentioned, last week was a clearing and settlement week, with lots of discussions about the issues of clearing in Europe.  You would think if it was clearing, it should be clear … but it's a real mess of complexity and confusion if we're honest. In Europe, part of the issue comes down to the…

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