993 Results from /wholesale
Retired Member
In tough economic times, it's easy to and sometimes extremely necessary to rethink projects and initiatives that will not have an immediate impact on the bottom line. But there are some projects that even in the darkest days should not be put on the back burner. IT integration is definitely one such project. Let's face the facts that there is ver...
04 February 2009 /regulation /wholesale Financial Supply Chain
Paul Penrose Head of Research at Finextra
Whatever were they thinking of? Wells Fargo, a recipient of $25 billion of taxpayer bail-out money, has been forced to cancel a lavish all-expenses paid trip to Las Vegas for up to 40 employees after facing a torrent of criticism from the public and politicians. Wells' rethink followed an Associated Press report that the company had booked 12 night...
04 February 2009 /retail /wholesale
Gary Wright Analyst at BISS Research
Yesterday's announcement from Thomson Reuters about their partnerships with Cisco's Jabber XCP, IBM Lotus' Sametime and Microsoft's LCS/OCS can only be termed exciting. The hub connection solution is going to provide financial services with a viable approach to the disparate data problems afflicting the industry for decades. The hub enables cross ...
03 February 2009 /wholesale SEPA and European Payments
Nick Hastings
So after a 4.5 mile hike through the snow from Battersea to St Martins Lane, which took over 2.5 hours, I finally made it to Finextra HQ. Happy to report the rest of the Finextra sales team made it in as well and we're here to answer all your advertising, lead generation, events and marketing questions! I thought I'd share some photos of my journ...
02 February 2009 /payments /wholesale Whatever...
Kumar Jm Business Consultant at Indian Fortune 500
a) Core Banking Introduction In a nutshell a core banking system is a centralized self contained system that shall have the benefits of performing multiple transaction activities coupled with scalability and performance sturdiness to name a few benefits. The market is currently dominated by more than 30 players who together offer about 50 pro...
30 January 2009 /retail /wholesale
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
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
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