Archive for: October, 2008
Gary Wright - BISS Research - London | 31/10/2008 | 3088 views
The financial services industry has been taking a bit of battering over the last few years with executives of leading institutions behaving in a way that goes way beyond greed and moral responsibility. The actions of the few have tainted the majority of people who work in financial services that operate with a high degree of ethics and work hard to...
Tags: Dealing rooms, Wholesale banking
Gary Wright - BISS Research - London | 20/10/2008 | 3023 views | 1 comment
Now lets be totally candid about this and all admit what millions of people already know Offshore Call Centres in financial services are not working. They may be cost effective to the firms off shoring for the moment but in the medium to long term will prove disastrous.
Financial services is a relationship business and as soon as the connection is...
Tags: Online banking, Retail banking
Gary Wright - BISS Research - London | 16/10/2008 | 2838 views
It's understandable that shareholders of banks are upset with the terms of the government lifeboat. The payment of dividends to shareholders is a prime reason for investment and in many cases the dividends form a vital part of pension's provisions. However, the tax payer is the innocent party in the financial crisis and the debacle of the banks abi...
Tags: Payments, Risk & regulation
Gary Wright - BISS Research - London | 15/10/2008 | 2385 views | 1 comment
Now that governments across Europe have part nationalised the banks perhaps we can get away from the hysteria in the media, which is focussing too much on the market value and not on the underlying. The nationalisation of banks has effectively removed the banks from normal company valuations because of the various terms insisted on by the governmen...
Tags: Dealing rooms, Retail banking
More blog posts
Gary Wright - BISS Research - London | 08/10/2008 | 2443 views | 4 comments
The UK government could never have foreseen that during their time in office, they would nationalise the high street banks and what's more with the support of the opposition and the City in general. We live in very strange times indeed.
Although today's announcements from the UK Chancellor are somewhat short of real nationalisation, it is as close...
Tags: Dealing rooms, Trade execution
02 Oct, 2008
Gary Wright - BISS Research - London 2391 views
Tags: Dealing rooms, Post-trade & ops