980 Results from /wholesale
Retired Member
Last week saw me in New York, at what could prove to be a historic moment for both the US and potentially the world's financial markets, what with one of the widest sweeping shake-ups of US financial legislation since the Great Depression of the 1930s being signed into law. Now let me share how if we just followed the lessons learnt from our child...
28 July 2010 /regulation /wholesale Innovation in Financial Services
The latest newsletter from the European Payments Council (EPC) provides some interesting insights into SEPA migration to date, but offers little advice and guidance to the corporate sector about how best to prepare for SEPA migration. Given the disagreement and confusion around how best to encourage migration to the SEPA Schemes, it is no surpris...
23 July 2010 /payments /wholesale
Comments from Gerard Hartsink in the latest EPC newsletter underline the plight of the SEPA Schemes – ultimately that we're in danger of ending up with a politically-driven mess. At Sibos 2008 I blogged that to achieve success, a third party body needed to step in to oversee the SEPA project. Almost two years later, what this newsletter highlight...
23 July 2010 /wholesale
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
Finextra is conducting a survey which aims to measure how satisfied corporates are with their banks and in turn, how banks are serving their corporate clients. Our exclusive ‘client satisfaction survey' is spilt into two questionnaires - one for the banks and one for the corporates. Questions for corporates include: How long does it take today on ...
20 July 2010 /wholesale
Gert Raeves Research Director at Adox Research Limited
Hello, my name is the international investment community and I have been brought low by my addiction to toxic assets. It took away my bonus, my job, my lifestyle and my reputation. As I am trying to make sense of what happened and how I can get my life back - I wanted to share with you a few things I learned about toxic assets the hard way: 1. To...
13 July 2010 /regulation /wholesale Data Management 101
George Ravich President at Ravco Marketing, LLC
Has there ever been a better time to be a bean counter? Those who count the cash have seen their status in the organization soar to new heights as liquidity has become as important as the latest expansion strategy or marketing initiative. With credit lines constricted, cash isn't just king – it's God! So what should treasurers do about it? I thi...
12 July 2010 /payments /wholesale Transaction Banking
In developed countries worldwide, corporations are substantially increasing their holdings of cash assets. Pundits, regulators and governments are asking “Why?” Those asking the question posit that this hoarding is slowing the recovery and destroying jobs. As a result, more fiscal stimulus, deficit spending, social programs and regulation are re
08 July 2010 /payments /wholesale Treasury Management
A provision was approved by the U.S. House and Senate financial reform conferees last week, which allows banks to pay interest on business demand deposit accounts for the first time since the Great Depression. Below is our short synopsis of the issues. Commercial Banks will face higher cost of funds as they begin paying interest. However, they wil
03 July 2010 /payments /wholesale Treasury Management
I attended a conference last week, in Berlin. (where else would I be?) It was a multi-industry event sponsored by SAS, the Premier Business Leadership Series (basically it was their client conference). Before I delve into the banking stream, the first half of the conference focused on big issue, global economy and business leader issues. It was wit...
30 June 2010 /retail /wholesale Data Management 101
On 7 June 2010, the newly-established SEPA Council met for the first time, and it is reported that migration end dates were discussed. No further news on that particular point has yet emerged. We all know that large parts of Europe effectively close down either in July or August or both, so nothing much is likely to happen until after the summer, a...
25 June 2010 /payments /wholesale
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