106 Results from 2009, /wholesale
Paul Penrose Head of Research at Finextra
No matter which way you look at it Ken Lewis's bail-out of Merrill Lynch looks increasingly wrong-headed. John Thain - the man who sold the pony to Lewis - has now fallen on his sword after Merrill posted more than $15 billion in surprise losses just three weeks ago. The shock revelation followed the disclosure of early bonus pay-outs to Merrill st...
23 January 2009 /retail /wholesale
Gary Wright Analyst at BISS Research
Each day we hear of another bank deep in a hole of its own making. The billions and eventually trillions of tax payer's money pitched into banks is taking some time to take effect and get the business moving again. Today it's unclear how much is enough and what the long term ramifications will be. The UK and USA governments are the main protagonis...
21 January 2009 /wholesale EBAday
John Cant Managing Director at MPI Europe Ltd
If Murphy’s Law didn’t already exist, they would have had to invent it to help explain what has happened to the financial sector over the past six months or so. Over the years there have been many proverbs or sayings predicting the inevitability of disasters. However, it fell to one Edward Aloysius Murphy Jr. around 1949, whilst working on a serie...
19 January 2009 /regulation /wholesale Banking Architecture
Researchers at Cambridge University have found a link between the profitability of male traders at a London bank and the ratio of index to ring fingers on their right hand. The so-called 2D:4D ratio is a biological marker indicating pre-natal exposure to high levels of testosterone in the womb. In a study to be published today in Proceedings of the...
13 January 2009 /wholesale Whatever...
It's the flu season again, so time to dust off some research first published back in May last year in which researchers discovered that the human flu virus can survive on banknotes for up to 17 days. Discussing the results ahead of publication, Yves Thomas, head of the National Influenza Research Centre at Geneva University Hospital, told Reuters...
07 January 2009 /retail /wholesale
Retired Member
If you want to see experts scramble, ask for a prediction, wait 12 months and then go back for comments on why and how they got it wrong. Let’s face it expertise is no guarantee when it comes to predicting the future. The world is unpredictable because people are unpredictable and despite what all of us egocentric human types believe—the world is ...
06 January 2009 /wholesale Financial Supply Chain
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