1026 Results from /wholesale
Paul Penrose Head of Research at Finextra
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
Gary Wright Analyst at BISS Research
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
Well not the most obvious question I know. Boris Johnson – London’s headline grabbing mayor – and Wikipedia – an on-line encyclopaedia with definitions generated and maintained by its users – don’t seem to have obvious overlaps. However, they do both generate strong polarised opinions. Take Boris’s famous, or should that be infamous, “ping pong” s...
03 October 2008 /retail /wholesale Trends in Financial Services
Elton Cane Digital product delivery at News Corp Australia
As banks now more than ever are looking to cut costs wherever they can, it's not surprising that they're still very keen on offshoring despite the political sensitivity of sending jobs abroad. But the large Indian service companies that provide offshore services, as well as providing people locally in the UK, are finding that banks are cutting back...
02 October 2008 /retail /wholesale
There is no doubt that transaction banking is growing. But is this growth straight forward and all-round… or are there some undercurrents. Let us look at some developments - AIB and Barclays outsourced Trade processing to ABN a few years back. Trade finance outsourcing has become common now with a number of banks & vendors offering this servic...
28 September 2008 /payments /wholesale Transaction Banking
Fiserv CBS Worldwide, Tibco Software, IONA Technologies, edge IPK, GT Software what do all these companies have in common? They are just a tiny example of the software companies listed on finextra recently for making big forays into the world of fintech SOA. The reason for this insatiable trend? The age of proprietary, bespoke and closely guarded ...
25 September 2008 /regulation /wholesale
As part of their global tour to promote their new album 'Power Shakes and Super Congas' Sex Panther touched down in Vienna to rock the Hofburg. Despite a few technical problems and working with a reduced set the boys banged out a sterling cover of the Queen Classic 'Don't Stop Me Now'. If you missed the gig or were there but were over-powered by th...
23 September 2008 /payments /wholesale Finextra@Sibos
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