1021 Results from /wholesale
Paul Penrose Head of Research at Finextra
With what appears to be impeccable timing, Hollywood is awash with reports of the imminent return of Gordon Gekko, the ultimate master of the universe, in a reprise of the 1987 blockbuster Wall Street. With a working title Money Never Sleeps, the new movie will see Gekko released from jail to confront the financial market meltdown afflicting moder...
24 October 2008 /wholesale Where are they now?
John Cant Managing Director at MPI Europe Ltd
Excel is a powerful tool. Like a chainsaw, in the hands of a skilled operator it is hugely effective – but in untrained or rushed hands and without the proper safety equipment it can be positively dangerous. This latest story of spreadsheet mayhem is just another illustration of the power to get it wrong. Microsoft themselves understand that for s...
15 October 2008 /regulation /wholesale Operational Risk Management
Flashing across trader's newscreens everywhere on Friday
14 October 2008 /wholesale Whatever...
Gary Wright Analyst at BISS Research
When you listen to the news and read the various reports on the financial crisis, the market's crash it is always intertwined with the problems in the economy. However, the two do not have as close a link as the media always report. The economy is a slow moving beast with impacts both good and bad taking time to filter through. The economy has mor...
14 October 2008 /retail /wholesale Data Management 101
The Financial Services Authority, in its latest missive to bank CEOs, says it has no wish to become involved in setting bank remuneration levels. Yet, despite these assurances, the regulator has made it patently clear that the bonus-driven excesses of the past will no longer be tolerated. "There is widespread concern that inappropriate remune...
13 October 2008 /regulation /wholesale
The credit crunch is no laughing matter, but as any psychologist will tell you, laughter is a way of dealing with extraordinary events that challenge our system of beliefs. So, in the interests of good mental health, here's a selection of some of the best gags currently doing the rounds. Q: What is the definition of optimism? A: An investment banke...
10 October 2008 /retail /wholesale Whatever...
Retired Member
It seems that George Bush has more insight than I thought after making this comment last week. Alan Greenspan wrote a now famous research article on how the monetary system risked collapse if it wasn't fully backed by Gold. This was in the 70's shortly after the collapse of the Bretton Woods agreement, and it seems that the old adage applies - that...
10 October 2008 /wholesale Trends in Financial Services
A digital clock erected in Times Square to show the US national debt has run out of digits. When the national debt level passed the $10 trillion mark a couple of weeks ago, the digital display failed to keep pace. The board was first erected to highlight the $2.7 trillion level of debt in 1989. A new board with extra digits is under construction. I...
09 October 2008 /retail /wholesale
In 1929 one of the biggest factors was the introduction of nationalistic trade barriers. These were protective measures to ensure domestic businesses were supported over and above those of the global economy. The effects were disastrous both domestically and worldwide! It was only through the creation of financial instruments in the USA that were ...
08 October 2008 /wholesale SEPA and European Payments
One thing is for sure the banks are going to be very careful not to create financial products that look like those that have helped create the crisis. We can anticipate that many financial firms will revert to plain vanilla trading to try and build up some confidence with their clients. Keep simple, keep it stupid, might be the order of the day, f...
03 October 2008 /retail /wholesale Data Management 101
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