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106 Results from 2009, /wholesale

Paul Penrose

Paul Penrose Head of Research at Finextra

Smoke, mirrors and financial accounting

How did the basket-cases of the US banking industry manage to post such, relatively, healthy results? It's all done by sleight of hand, as Dealbook helpfully explains. I particularly liked Goldman Sachs' stunt of simply eliminating a bad month from its quarterly report. That's financial genius at work. Are US banking executives so schooled in the ...

/wholesale Finextra50 fintech index

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

Innovation in wholesale payments, beyond e-invoicing

I'm expecting that again this year there will be a lot of talk about e-invoicing at EBAday in Vienna, particularly as the expert group and EPC are working to break down the remaining barriers to widespread adoption (such as these). But beyond just the level playing field for e-invoicing, I'm looking forward to hearing more about what's being done ...

/payments /wholesale EBAday

Nick Hastings

Nick Hastings 

Charity Walk - the final countdown

Thought I'd give you a quick update on my walk. The kick off is under 4 days away now and I will be setting off next Tuesday (21 April). I am looking forward to the challenge and the experience but I must admit I am getting a little nervous!4 months of solid training is now coming down to 9 days following the Thames through field and town - and ha...

/payments /wholesale Whatever...

Retired Member

Retired Member 

Altruism or Profit--Green Initiatives Can Support Both

With its latest investment in Philadelphia-based Field Diagnostic Services (FDSI) and its overall $20 billion commitment to support sustainability, Bank of America (BofA) is just the latest financial institution to put their money on the table on issues of environmentalism. BofA joins Citigroup, Morgan Stanley and host of other financial institut...

/wholesale Going green

Retired Member

Retired Member 

G20 reach agreement - but is it enough?

According to the BBC - and who doesn't follow Peston these days ..... On behalf of the G20, Prime Minister Gordon Brown announced the following steps: Bankers' pay and bonuses will be subject to stricter controls A new Financial Stability Board will be set up to work with the IMF to ensure co-operation across borders and provide an early warning m...

/regulation /wholesale Trends in Financial Services

Keith Saxton

Keith Saxton Global Director Financial Markets at IBM

IBM Viewpoint on Systemic Risk

IBM Viewpoint on Systemic Risk: Transparency Key to Global Financial Reform Shaping global financial reform has been a dominant theme in the lead up to the G20 summit. Calls for “strong oversight,” as well as “rigorous transparency and accountability” of the financial sector have been deemed essential to avoid a repeat of the turmoil. The iss...

/regulation /wholesale

Paul Penrose

Paul Penrose Head of Research at Finextra

Building the bomb that blew up Manhattan

The man who wrote the software that became the industry-standard method for securitising mortgages tells all, in this mesmerising account of a 15-year career on Wall Street that runs from the go-go 80s through to the high-living excesses of the noughties.

/regulation /wholesale

Paul Penrose

Paul Penrose Head of Research at Finextra

Make love, not leverage

Twitter seems to be coming into its own as a medium for reporting fast-moving events. Up-to-the-minute citizen reportage on the G20 protest rally can be found here. This just in: Protestors urinating in the Royal Bank of Scotland. 'Well, we do own it', says one tweet. More coverage from the FT's team at http://twitter.com/g20ft. 'Make love, not l...

/retail /wholesale Finance 2.0

John Cant

John Cant Managing Director at MPI Europe Ltd

Mine detecting bees

Whether it is certain bonuses in financial sector, or league tables and performance stars in the public sector, there have been numerous recent illustrations of the harm that poorly set business targets can cause. It seems deceptively easy in theory to use targets and rewards to drive desired behaviour. Take the mine detecting bees for example. No...

/regulation /wholesale Trends in Financial Services

Retired Member

Retired Member 

If it's Business Social Networking is it Still Social?

Over the past few months, I have seen more and more banks, financial institutions and corporations announcing some type of foray into social networking. The desire to engage, connect and share with real-time with customers and internal partners by utilizing Web 2.0 technology is critical in this age of 24/7 news, blogging and Twitter. And the gr...

/wholesale Transaction Banking

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