Regulation

I just received this fantastic infographic from the New Jersey Institute of Technology, discussing developments since 2008 and the financial crisis.  The context is whether the Big 5 American Banks are still too big to fail (TBTF), and whether the US government has introduced effective controls under Dodd-Frank to avoid the …

In our annual opening meeting at the Financial Services Club David Doyle, Policy Adviser on all matters to do with EU Regulations, gave us a swift canter through the key headlines in European financial markets focus for 2015. These included the guiding principles that: All that is of systemic importance …

I was talking about the component-based model and how it was now moving into component-based regulation, when someone challenged this notion. “Not our regulator”, he said.  “Our regulator’s going the other way, and consolidating all regulations under one national system”. I thought: we did that years ago.  

I often talk about component-based banking, most recently in this four-part series in August: Part One: Banking on Demand – the Bank in the Cloud Part Two: Banking on Demand – the Open Sourced Bank Part Three: Banking on Demand – the Customer Focused Bank Part Four: Banking on Demand …

I often talk about component-based banking, most recently in this four-part series in August: Part One: Banking on Demand – the Bank in the Cloud Part Two: Banking on Demand – the Open Sourced Bank Part Three: Banking on Demand – the Customer Focused Bank Part Four: Banking on Demand …

I’m called by a number of people about the BNP Paribas fine today.  The fine looks like a done deal of $8.9 billion, and includes the bank admitting criminal charges as well as being banned from US dollar clearing. Why so bad? Because BNP failed to co-operate in the SEC …

I’m called by a number of people about the BNP Paribas fine today.  The fine looks like a done deal of $8.9 billion, and includes the bank admitting criminal charges as well as being banned from US dollar clearing. Why so bad? Because BNP failed to co-operate in the SEC …

I don't write a lot about investment banking and capital markets because the readers of this blog are primarily in commercial, transaction and retail banking, but I am going to write about it today as it seems a real shame how we've killed investment banking. From Barclays slimming down BarCap …

I don't write a lot about investment banking and capital markets because the readers of this blog are primarily in commercial, transaction and retail banking, but I am going to write about it today as it seems a real shame how we've killed investment banking. From Barclays slimming down BarCap …

We had our annual debate This House Believes That SEPA Does Matter the other day, and a wonderful debate it was. In previous years, we’ve moved from being on-the-fence about the proposition to moving firmly in its favour: 2010: This House Believed That SEPA DOES Matter (Just) 2011: This House Believed That SEPA Does NOT Matter (Just) …

I read three interesting commentaries this week about the financial crisis, and it builds upon yesterday’s discussion of Credit Suisse being the first bank for over a decade to admit to criminal wrong-doing in the USA. The first is from Private Eye last week:

I read three interesting commentaries this week about the financial crisis, and it builds upon yesterday’s discussion of Credit Suisse being the first bank for over a decade to admit to criminal wrong-doing in the USA. The first is from Private Eye last week:

There have been a few major headlines lately about the American fines of banks. I’ve blogged about some of them like Standard Chartered and HSBC, but the news has recently seen several more major headlines such as Credit Suisse today being fined $2.6 billion for criminally aiding US citizens in tax evasion …

There have been a few major headlines lately about the American fines of banks. I’ve blogged about some of them like Standard Chartered and HSBC, but the news has recently seen several more major headlines such as Credit Suisse today being fined $2.6 billion for criminally aiding US citizens in tax evasion …

I was lucky to chair this year's International Payments Summit in London, and a lot of talk was about regulation.  The organisers are kind enough to summarise the debate so here's a snapshot from their 12-page conference summary report (if you want more, then come to next year's meeting 😉 …