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Graham Smith

Director
Certeco
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Graham Smith

US banks forced to hold billions more in extra capital

The Federal Reserve has announced new capital ratios for US banks dictating that banks have to lift their level of equity to total assets to five per cent. Of course, the main reason is risk management, creating a financial buffer for losses that were seen during the financial crisis. Cold comfort perhaps for the eight main US banks affected by th...

17 April 2014 /regulation

Graham Smith

IT Outsourcing Blamed for Tech Failures at Banks

Lloyds has been the latest victim in a litany of banking technology failures that has dogged the financial services industry. Customers were frozen out of their accounts for a few hours, unable to make ATM withdrawals or payments using their debit cards, leaving many furious at what they perceive as gross incompetence. Lloyds blamed a problem w

12 February 2014

Graham writes about

  • regulation & compliance
  • retail banking

Graham's opinion archive

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