Regulation

Just went to another great plenary session discussing whether transaction banking will be the engine for the next phase of sustainable growth and moderated by Karen Cone of TowerGroup. The panel consisted of the heads of global transaction banking from some of the largest banks: Werner Steinmuller of Deutsche Bank Andrew Long from HSBC Catherine…

Just went to another great plenary session discussing whether transaction banking will be the engine for the next phase of sustainable growth and moderated by Karen Cone of TowerGroup. The panel consisted of the heads of global transaction banking from some of the largest banks: Werner Steinmuller of Deutsche Bank Andrew Long from HSBC Catherine…

Just as we post over 500 pages of research that conclude the European Commission's Payment Services Directive's (PSD) implementation could destabilise the Single Euro Payments Area (SEPA), the Commission strikes back. Yesterday, they published a whole range of documents and details about how they would make SEPA work. "The European Commission has adopted a Communication…

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

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…