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Roy McPherson

Roy McPherson 

Do not forsake me o my Darling

The Portuguese Government have turned down the austerity measures proposed by their Prime Minister signor Jose Socrates and as a consequence he's been forced to resign. This is more than a glitch on the Euro path, worse still than the effects of Greece's problems. The Portuguese have effectively turned over their trump card to their European partn...

Roy McPherson

Roy McPherson 

Charity begins at home?

I think this is a superb piece of lateral thinking by Wells Fargo and considering they've had the functionality in place since 2005 is quite impressive. Perhaps if a big UK clearing bank rolled out this facility in the UK they would automaticaly tick the gift aid box. Mind you, come the time for Children in Need or Comic Relief it would drasticaly...

Roy McPherson

Roy McPherson 

Peseta comeback?

I love the story in today’s Telegraph explaining that the people of Mugardos in North West Spain are encouraging people to find and spend the defunct peseta in local shops. More than 60 shops on the Galician coast have agreed to accept the currency alongside the euro in an effort to boost trade. The only way to change pesetas for euros in Spain is...

Roy McPherson

Roy McPherson 

Vince Cable; Moron or visionary?

Yet again Vince Cable stands atop his economists soap box and tells the City that radical changes are needed to stop banks making "excessive profits and paying big bonuses". I've always thought that economists have too much brain and not enough practical usage and Mr Cable is a perfect example. How can someone so well schooled be so d

Roy McPherson

Roy McPherson 

HELP NEEDED

This is not one of our usual commercial discussions but in times of need you use the weapons to hand. Hugh's Fish Fight - Half of all fish caught in the North Sea is thrown back overboard dead www.fishfight.net Half of all fish caught in the North Sea is thrown back overboard dead. By supporting this campaign, your name will be added to a letter to...

Roy McPherson

Roy McPherson 

Europe - Does it get worse?

This story just will not go away, Portugal, Greece, Ireland - a throw of the dice and millions more pumped into a black hole whilst our fine friends in Brussels are in denial and want to increase their budgets and spending right across the board. I know what my message would be. On the 6th May I blogged https://www.finextra.com/blogs/fullblog.a...

Roy McPherson

Roy McPherson 

Makes my blood boil

Whilst reading my regular daily newspaper I read some articles that made my blood boil, I could feel the blood pressure rising as I gnashed my teeth. Carlisle Castle is 900 years old, give or take a year. It has, like all functional defences of the day, a sloping grass bank leading into a grassy former moat. Now the Chief Imbecile at Health and Saf...

Roy McPherson

Roy McPherson 

Hand over your money....

Very funny, you have to admire their cheek. Do you think after the 4th visit he asked for a freebie?

Roy McPherson

Roy McPherson 

Bereavement

I’m very saddened to advise this community that Barry Holland passed away in hospital yesterday. We became good friends when he was the head of FX Ops at Barclays Capital and we shared more than a few escapades. He was a good man, a doting grandfather, a Chelsea supporter and part time member of the Barmy Army. He is already sadly missed.

Roy McPherson

Roy McPherson 

Cash and Liquidity Management obstacles.

In 2008 the great and the good of the banking world were attending SIBOS Vienna with no more thought than for any previous SIBOS or banking trade show. Even as delegates were checking into the conference on the Monday morning shockwaves were sent throughout the assembled bankers as news of Lehman’s and the fall out of the toxic loans hit the news

/regulation /sibos Finextra@Sibos

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