Regulation

The news was so bad in the papers yesterday about mortgages, credit crunch, banking and retailing, that I was about to stop reading when I turned the page and found slightly better news. Headlined “Is that a crunch in your pocket”, the story is all about how City boys are finding it hard to deal…

The news was so bad in the papers yesterday about mortgages, credit crunch, banking and retailing, that I was about to stop reading when I turned the page and found slightly better news. Headlined “Is that a crunch in your pocket”, the story is all about how City boys are finding it hard to deal…

Later this month, I am due to make a presentation on: "Recent and proposed changes in Europe in clearing and settlement for the equity and exchange traded derivative worlds". It’s all to do with clearing and settlement developments, in light of the announcement of Rainbow, a new derivatives exchange similar to Turquoise, and the new…

Later this month, I am due to make a presentation on: "Recent and proposed changes in Europe in clearing and settlement for the equity and exchange traded derivative worlds". It’s all to do with clearing and settlement developments, in light of the announcement of Rainbow, a new derivatives exchange similar to Turquoise, and the new…

Later this month, I am due to make a presentation on: "Recent and proposed changes in Europe in clearing and settlement for the equity and exchange traded derivative worlds". It’s all to do with clearing and settlement developments, in light of the announcement of Rainbow, a new derivatives exchange similar to Turquoise, and the new…

Paul Kedrosky, one of my favourite bloggers, picked out  a quote from Andy Rappaport of August Capital about social investing — the idea that you can do good via investing in ethical funds.  Andy says:    "A lot of socially responsible funds have this idea that they’ll provide a social return, but you’ll have to…

There’s a fascinating roundtable discussion in Prospect Magazine this month. The discussion features: Jonathan Ford, Deputy Editor of Prospect and Chair of the discussion; Anatole Kaletsky, Economic Commentator and Associate Editor of the Times; George Soros, Chairman of Soros Fund Management; Mark Hannam, an independent who has previously worked for the Bank of England, Citibank…

A question came up in today’s EBA sessions for Joe Pawelczyk, Vice President for International Relations at CHIPS, the American Clearing House for over $2 trillion of wire payments each day. The question seemed quite simple: “Why doesn’t America use IBANs for their bank account numbers, as all of Europe has now standardised on this?”…

A question came up in today’s EBA sessions for Joe Pawelczyk, Vice President for International Relations at CHIPS, the American Clearing House for over $2 trillion of wire payments each day. The question seemed quite simple: “Why doesn’t America use IBANs for their bank account numbers, as all of Europe has now standardised on this?”…

I don’t write about politics, because I am not a political creature. However, I felt compelled to write about this subject after Europe’s soul-searching over its identity since the Irish threw out the EU Treaty. The fact that the Constitution and the Treaty are unwanted does not de-stabilise our banking efforts under the Payment Services…