1029 Results from /wholesale
Retired Member
Health Warning: Bearish view follows. Big reshuffle lately in the global power game of market caps. The persistent record volumes on the LSE and others are just the beginning but market value is headed south. For global banks and tech stocks in particular it is really remarkable (see table). I hope investors can hold on to their smile for the dura...
05 September 2008 /wholesale Innovation in Financial Services
Paul Penrose Head of Research at Finextra
Swift chairman Yawar Shah opened an unexpected can of worms when he approached shareholders for feedback on how the bank-owned co-operative could add more value to its members. Obligingly, Ibos MD Bob Lyddon has responded with a long list of complaints about Swift’s new Alliance Lite interface, which is being showcased at Sibos as a cheap and che
04 September 2008 /payments /wholesale Finextra@Sibos
Adult Entertainment Capital claims it will be the first BDC ever to focus purely on the "Adult Industry" which has been largely shut out by Wall Street firms. The company expects to announce more than 6 new portfolio investments before the end of September, ranging from credit card processing for the "Adult Business" to real est...
02 September 2008 /wholesale Whatever...
An obituary of Apple chief executive Steve Jobs - who is still alive - hit the Internet last week after someone at Bloomberg hit the wrong button and acccidentally released it to subscribers. It is not unusual for news organisations to prepare obituaries for high-profile figures before they actually die. However the Bloomberg obituary comes four ye...
02 September 2008 /retail /wholesale
Despite incurring massive losses from the credit crunch and its rogue trading scandal, French banking group Société Générale is bucking industry trends by launching a campaign to recruit around 20,000 new staff worldwide this year. SocGen says it has tripled its headcount over the past 10 years and now has 151,000 staff worldwide. The bank is now l...
27 August 2008 /retail /wholesale
Elton Cane Digital product delivery at News Corp Australia
Further to my recent post -- It's not all doom and gloom for financial technology -- I've been reading a few predictions for IT spending in 2009. Some choose to focus on the positive -- for e.g. spending on risk management systems is growing. While others look at the state of software and IT services more broadly, and are much more pessimistic....
20 August 2008 /retail /wholesale Finextra50 fintech index
HSBC has denied reports that it is considering ditching the Blackberry and adopting Apple's iPhone as its official corporate mobile device. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters last week that the group is considering rolling out the iPhone to a potential "200,000 people". Bu...
19 August 2008 /retail /wholesale
OK, enough of the boring medal count from the 2008 Beijing Olympics. Lets get serious. What are the rankings once you take population into account (per capita) and income (Gross Domestic Product or GDP)? This table took a while to produce and offers some fascinating insights. It doesn't update automatically yet (but I'll work on that). Here a...
15 August 2008 /wholesale Innovation in Financial Services
After news earlier this month that National Australia Bank had recruited Oracle to manage the roll out of the first phase of a A$1 billion overhaul of its core banking operations, it's not surprising that I-flex, majority owned by Oracle, will be providing the new core banking system. However, The Economic Times in India reported some more detail...
14 August 2008 /retail /wholesale Asia Financial Services
Reports have surfaced that HSBC is considering adopting Apple's iPhone as its "official corporate mobile device" and ditching Research in Motion's Blackberry system. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters that the group is considering rolling out the iPhone to a potential &quo...
13 August 2008 /retail /wholesale
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