For the past two years, we have performed a major survey around the euro and the Eurozone, and how the developments of the infrastructures to support this is changing. The survey for 2011 is now live and looks at the world after the PSD and SEPA, particularly the implications of the end of the euro,…
I was talking about lots of things yesterday but one conversation sticks in my mind more than any other: who will Lloyds sell their branches to? This is all wrapped up in a debate with the European Commission dating back to 2008, when the UK government flouted competition rules to approve the emergency merger of…
I was talking about lots of things yesterday but one conversation sticks in my mind more than any other: who will Lloyds sell their branches to? This is all wrapped up in a debate with the European Commission dating back to 2008, when the UK government flouted competition rules to approve the emergency merger of…
Another presentation at TradeTech that I was interested to hear was Larry Tabb’s. Larry is CEO of TABB Group, a research firm focused on capital markets that Larry founded in 2003 after several years leading TowerGroup’s Securities & Investments Practice. Due to our involvement in TowerGroup – I co-created TowerGroup Europe – Larry’s one of…
It’s pretty clear from recent issues that regulatory systems haven't worked. Take Gordon Brown’s admittance over the weekend that we made a mistake with bank regulation. The mistake was regulating individual institutions rather than the global system. That’s a mistake. But we have made many mistakes in the past and will again in the future….
** out of a possible ***** And so the long awaited Independent Commission on Banking (ICB) produced it’s report yesterday, and we all went … hmmmm. Some went hurray: Shares in Barclays and Royal Bank of Scotland topped the FTSE 100 yesterday, as the interim report of the Independent Commission on Banking stopped…
This is an extract of the summary of discussions at the IPS conference, written by FSClub friend Heather MacKenzie. For the past few years the regulation debate at IPS has tended to focus on SEPA and the Payment Services Directive (PSD), but with the mandatory end date regulation soon to be voted on by the…
