116 Results
Elton Cane Digital product delivery at News Corp Australia
First Data's acquisition by an affiliate of Kohlberg Kravis Roberts & Co. (KKR) received domestic and US regulatory approval today. In recent weeks, as the US sub-prime mortgage crisis spread to the wider credit markets, there has been some speculation that the banks underwriting large leveraged deals such as KKR's $29billion acquisition of gl...
22 August 2007 /payments /wholesale Finextra50 fintech index
Normally it's not good form to take potshots at the mistakes of fellow media organisations. But today's newsletter from press release aggregator Bob's Guide contains a particularly amusing piece: Deutsche Bank hires Greenspam as advisor Deutsche Bank has hired Alan Greenspam as senior advisor to its investment banking unit. The appointment ...
14 August 2007 /wholesale Finextra50 fintech index
I participated in a roundtable recently held by compliance vendor NetConsent. It was a fairly broad-ranging discussion about how digital certificate and e-signature solutions have evolved and been adopted (or not, as the case may be) by businesses and governments over the past 10 years. One interesting example that came up is the way the Swedish ...
07 August 2007 /wholesale MiFID
As discussed in this Finextra story from April CheckFree was facing the prospect of losing Bank of America as a customer of its payment processing business. BoA was, and still is as far as I can tell, looking to bring this function in-house and perhaps even start doing payment processing for other firms. The client note by the JMP Securities analys...
03 August 2007 /payments Finextra50 fintech index
Following on from Chris Pickle's response to the recent TowerGroup study on regulation-driven market data volume growth, it was interesting to note Datamonitor's similar report being published this week. It refers to market data volumes doubling annually (which is something that is apparently happening already without MiFID and Reg NMS). And it say...
02 August 2007 MiFID
Apparently sighted in Russia, with photo appearing on the EnglishRussia.com blog, this ATM has stopped working and displays a warning that the copy of Windows needs activation. Now this doesn't necessarily mean the bank in question (VTB) is running unlicensed operating systems on its ATMs, though that could be the case. Its more likely, though, tha...
01 August 2007 /retail Futuristic Banking
I heard an interesting snippet the other day about IBM's plans to target the high performance computing needs of Wall St. and the City with blade servers based on its powerful Cell processor. IBM developed the processor with Toshiba and Sony. It is the brains of Sony's PlayStation 3 videogame console, but also has potential applications in industri...
10 July 2007 /wholesale
Reuters and Thomson may sell off some of their overlapping products before the acquisition deal is finalised, according to some reports. Thomson One and Reuters Trader, and First Call and Multex are the overlapping products in the frame. But who would buy them? The Deal quotes Larry Tabb and antitrust lwayer Larry Doyle as both agreeing that SunGa...
27 June 2007 Finextra50 fintech index
MiFID has already had a huge impact in Europe - particularly on the conference and event management scene. And as my fellow bloggers Chrisses Skinner and Pickles have been regularly pointing out here on the Finextra Communities, it is going to have a huge, though uncertain, impact on market practices in the global capital markets in the coming yea...
20 June 2007 /wholesale MiFID
With market and sector indices, constituent companies come and go. We knew when we formulated the Finextra50 Index that we would no doubt soon be making adjustments due to the amount of M&A going on in the industry. So who is going to be the first company to leave the index? The Reuters-Thomson deal was on the radar when we created the index, b...
20 June 2007 /payments Finextra50 fintech index
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