Shaping the future of finance
Over the past few weeks, I've been posting a blog each week about social networking themes in the build up to the big bank tradeshow, SIBOS. First, I argued that banks don't innovate, and then I put forward the reasons why social networks are relevant to banks. Nevertheless, although I regularly blog about social networks…
I had a chat with a couple of people last week about the hot topics in capital markets. Along with our regular talk about liquidity risk, new EU regulations and USA and EU focus upon OTC Derivatives, clearing and settlement, another subject has recently come to the fore. The use of broker–dealer capabilities to leverage…
For those on holiday or not in the UK, there was a fascinating interview on yesterday's Andrew Marr Show – BBC's Sunday morning political and business review – with Hector Sants, the head of the FSA. Here's the piece I particularly liked: "If you think about the bonus question, really it's helpful to disentangle it…
For those on holiday or not in the UK, there was a fascinating interview on yesterday's Andrew Marr Show – BBC's Sunday morning political and business review – with Hector Sants, the head of the FSA. Here's the piece I particularly liked: "If you think about the bonus question, really it's helpful to disentangle it…
For those on holiday or not in the UK, there was a fascinating interview on yesterday's Andrew Marr Show – BBC's Sunday morning political and business review – with Hector Sants, the head of the FSA. Here's the piece I particularly liked: "If you think about the bonus question, really it's helpful to disentangle it…
It’s July 31st and we are pleased to announce that, during the summer, the Financial Services Club's in-depth analysis and research project about the country-level plans for the transposition of the Payment Services Directive (PSD) on 1st November 2009 and the implementation of SEPA Direct Debits (SDD) on 2nd November has been a success. Over…
Paul Kedrosky's Infectious Greed is always a great read, and today he's posted some blurb from Science Magazine that's worth repeating here. The Science article is called Economic Networks: The New Challenges by Frank Schweitzer et al. in Science, July 24, 2009. Here's the abstract: "The current economic crisis illustrates a critical need for new…
I had a few calls yesterday to talk about what’s going on between the Chancellor, Alistair Darling, and the banks. Oh yes, and Peter Mandelson was in there somewhere. It was all to do with their bigwig government meeting yesterday, where the government was giving banks a grilling about why they're not lending enough to…
Further to the discussion about liquidity last week PJ Di Giammarino, Chairman of the the Financial Services Club's Capital Markets Chamber, released his firm’s findings about liquidity views in the City today. PJ’s company, JWG-IT, polled over 30 financial institutions and 10 vendors on their implementation readiness for the FSA’s new rulings in the spring and twice…
Further to the discussion about liquidity last week PJ Di Giammarino, Chairman of the the Financial Services Club's Capital Markets Chamber, released his firm’s findings about liquidity views in the City today. PJ’s company, JWG-IT, polled over 30 financial institutions and 10 vendors on their implementation readiness for the FSA’s new rulings in the spring and twice…
