993 Results from /wholesale
Paul Penrose Head of Research at Finextra
Financial messaging network Swift has been bigging up the switch over to its new corporate Web presence for the past few weeks now. The new site went live at the weekend, so I thought I'd pop over there today and see how it was bedding in. What a horror show - text scattered all over the page, huge chunks that fail to render. The usual teething pr...
30 June 2008 /payments /wholesale Finextra@Sibos
Investment firms were distinctly unimpressed by the London Stock Exchange's announcement that it is to work with Lehman Brothers to create a new dark pool trading platform. By mid-afternoon, shares in the UK stock market operator were trading almost 13% lower, giving up gains made the previous day on the back of speculation about a potential preda...
26 June 2008 /wholesale Finextra50 fintech index
Retired Member
Today is National Siesta Day in the UK, which aims to encourage company bosses to allow staff to have an afternoon power nap. On his Web site Noel Kingsley, founder of Siesta Awareness and organiser of National Siesta Day - which is in its third year - says he has been taking a daily siesta for over 15 years and believes that most people benefit...
25 June 2008 /retail /wholesale
Elton Cane Digital product delivery at News Corp Australia
As Barclays reports plans for new share issuance, and talk circulates about possible investment from a sovereign wealth fund or Japan's Sumitomo to help shore up the bank after it reported fresh write-downs last month, I heard today of a new, smaller-scale capital raising initiative. An IT vendor who has been recently moved onto the Barclays accou...
20 June 2008 /wholesale
The Financial Times yesterday included a supplement on financial training which featured an article on a fintech degree offered by University College London (UCL). The university's MSc in Financial Computing was launched last year in partnership with Credit Suisse, Goldman Sachs, Merrill Lynch and Morgan Stanley. UCL's technology partner for the pr...
17 June 2008 /retail /wholesale
John Thain estimates that Merrill Lynch's 20% stake in financial information supplier Bloomberg could be worth up to $6 billion. The valuation puts a $30 billion price tag on the company and makes Thomson's $8.8 billion buy-out of Reuters seem a positive snip. It also offers an insight into the personal net worth of the company's eponymous founde...
13 June 2008 /wholesale Finextra50 fintech index
Nomura International - the London-based arm of the Japanese investment bank - is cutting the number of IT contractors it employs and slashing the pay of those stilll with the firm, according to Here is the City. Nomura's IT contractors were informed of the move by an e-mail saying that the bank will "reduce contractor spend through a combinat...
12 June 2008 /retail /wholesale
Real-time event coverage and expansion plans in the US: It's the Sifma Technology Management Conference in New York next week (as of writing). Maybe it's just me being pedantic, but it's always kind of bugged me that this huge exhibition/small conference event is usually referred to in the fintech space as "the Sifma show", or just &quo...
06 June 2008 /wholesale
Belatedly proving that there is life after Swift, the banking co-operative's former head of securities James Donovan has landed a new role at US self-regulatory authority Finra. In his new job, Donovan will take charge of Finra's corporate technology and strategy, and will also be responsible for registration and disclosure, market transparency fa...
05 June 2008 /sibos /wholesale Where are they now?
Despite the impact of the credit crunch and the uncertain economic outlook, there is still demand for IT professionals in the financial services sector, according to specialist online recruitment firm IT Jobs in the City. There has been a "steady demand" for tech staff within commodities, with a 50% increase in positions advertised since ...
04 June 2008 /retail /wholesale
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