Further to the launch of the Clearing and Settlement Working Group (CAS-WG) in the spring (read more here), the Subject Groups have been meeting regularly and have progressed towards building a regulatory risk model to test the impact of new regulations on clearing and settlement infrastructures. This will be discussed in depth at our next…
Things we're reading today include … Barclays pressed to shed investment bank Jenkins urged to split Barclays 'Double strike' fear for RBS over Libor fines HSBC Chairman urges bankers to swear an oath UBS fined £29.7m for Adoboli case Trader fights extradition over alleged bond fraud Rainmaker: Don't bet on FSA shorting data UK regulator…
I bet you thought I was talking about Europe's sovereign debt issue but no, I'm talking about the average trade size for equities trading across Europe having just received some fascinating data from the Federation of European Securities Exchanges (FESE). The data shows a considerable change in the European equities markets over the past four…
It surprises me that banks rarely get lauded and applauded, as it is far easier to critique and blast. A good example is the post Hurricane Sandy fallout, where banks in the USA are doing everything they can to support hard hit Americans. I didn’t see much about this in the news generally but, whilst…
Just received a copy of an email from Dominic Thorncroft, Chairman of the UK Money Transmitters Association, that makes for interesting reading. It appears to be related to the issues the bank has faced with anti-money laundering fines in the USA, but the way the bank has handled the problem adds to a growing list of…
Japan has so much culture, tradition, beauty and … downright weirdness. I spent the weekend in Tokyo and noticed lots of unusual sights: kimonos, kabuki, maple trees and such like. Then there is the night life, the lights, the music and the karaoke. People compare Japan to Britain: it's an island nation with a…
The other thing I did this year was collect some of the specials being given away by exhibitors. Here are a few of the best. Smartstream's iPod speaker: XSP's wireless mouse: Sake (various, this one is from NEC Decillion): Euroclear's travelbag: Romanian Wine and Panpipes from Allevo: iPad cases (this one is from ANZ and…
As I walked around the exhibit hall and conference centre this week, there were many amusing moments. Here are a few. Changing batteries: Still constructing that China Bank: The power of networking: Lion around: Innotribe: enabling collaboration …. This system needs a reboot: Come on. One of us must know how this works: Waiting for…
