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Matt White

Archive for: March, 2009

Matt White - Finextra - London | 23/03/2009 | 1951 views

According to ABC News, JP Morgan Chase is going ahead with plans to spend $138 million on two corporate jets and a "luxury" hanger to house them. But, incase you were thinking that seems a bit off in the current climate, don't worry - the purchase of these essential items won't be funded by the $25 billion in TARP money the bank recently took from... Group: Whatever...

Matt White - Finextra - London | 13/03/2009 | 1718 views | 1 comment

AML systems no substitute for ethics

When a bank implements a nice, shiny new AML system, Finextra dutifully reports it. The vendor tells us how wonderful the technology is and how it will stop naughty people behaving badly.The problem, of course, is that if the bank doesn't want to look too carefully at what its customers are doing - and if the regulators don't make it - the technolo...

Matt White - Finextra - London | 03/03/2009 | 2087 views

HSBC pushes ahead with IT integration project

Here at Finextra we've been keeping a close eye on the progress of One HSBC, an ambitious five year programme that aims to migrate the bank's global operations onto a single technology platform. It was good to see chairman Stephan Green recognising the importance of IT standardisation and using the publication of annual results yesterday to reaffi...

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