14 February 2016

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Archive for: February, 2009
Reetesh VadodariaPolaris Software Lab Pte Ltd - Singapore

ISDA Launches CDS Standard Model as Open Source

28 February 2009  |  3841 views  |  1  |  Recommends 0

Another Financial Portal reports the release of CDS Standard Model by ISDA (International Swaps and Derivatives Association) as an open-source project The software has its origins in the J. P. Morgan's CDS analytical engine; the latter is widely used in the industry to price CDS contracts So, why a super-secret code has been converted into an op

Atso AndersenAalto University - Espoo

Economics of Mercy?

27 February 2009  |  2331 views  |  0  |  Recommends 0

I wrote a blog post "slaves of leverage" [thank you for the comments] in Nov 2008. Now you see it happening: pension systems are seriously damaged, taxpayers' money is poured into banks, goverments are borrowing too much. Simply enslaving. But have we seen this mess resolved? No we have not. Instead uncertainty prevails. As prevails fear...

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Robert SicilianoIDTheftSecurity.com - Boston

Facebook Makes You Stoopid

27 February 2009  |  2413 views  |  0  |  Recommends 0

There's a certain nostalgia about connecting with old Friends. It brings us back to a simpler, simple minded way. We forget for a moment our daily tasks and deadlines. We flirt with a time that was ab...

TagsSecurityRisk & regulation
a non-active Finextra member

What else will the banks charge for?

27 February 2009  |  2914 views  |  0  |  Recommends 0

An interesting article from Netbanker on bank charges. I am sure, every bank thinks on the topic: if no big money can be earned on (new) loans, then what is next? Transactions? Service? Additional pr...

TagsRetail bankingGroupInnovation in Financial Services
Paul PenroseFinextra - London

Flying high: Ken Lewis stonewalls in style

27 February 2009  |  3637 views  |  0  |  Recommends 0

Bank bosses just don't get it. BofA president Ken Lewis is once again in hot water after flying to a hearing in New York with Attorney General Andrew Cuomo on a luxury private jet. Lewis was there to ...

TagsRetail bankingWholesale bankingGroupWhatever...
Roger ElwellYes Please - Colchester

Incompetence and Ignorance Over Pension

27 February 2009  |  2956 views  |  1  |  Recommends 0

There is mucho incompetence over the pension issue that is in the Press at present. Our politicians are jumping on the bandwagon and either don't understand the issues, or are playing dumb for their o...

TagsCardsRetail bankingGroupTransaction Banking
Reetesh VadodariaPolaris Software Lab Pte Ltd - Singapore

Indian outsourcers feeling the heat - Updated with numbers

27 February 2009  |  2790 views  |  0  |  Recommends 3

The Times of India is reporting that TCS, the largest Indian outsourcer, is laying-off almost its entire marketing team in London along with a large percentage of their high-end consultants. The CEO ...

Steve EllisMetia - London

JUMP!

27 February 2009  |  4449 views  |  1  |  Recommends 1

Following on from Paul's post, effigy burning is obviously a step much too far. Without question. But for those with a robust sense of humour (and that definitely includes my friends who work in banks...

GroupWhatever...
Paul PenroseFinextra - London

Protestors hang banking effigy at 'family event'

27 February 2009  |  3548 views  |  0  |  Recommends 0

This is getting serious. Following on from the politically-sanctioned banking witch trials in Parliament, demonstrators have hanged an effigy of a banker from Marble Arch in protest at the growing fin...

TagsRetail bankingWholesale bankingGroupWhatever...
a non-active Finextra member

A new Glass-Steagall? No thanks.

27 February 2009  |  2916 views  |  0  |  Recommends 0

The recent discussion about the virtues of a re-introduction of Glass-Steagall may have taken a wrong turn. Glass-Steagall was introduced to physically separate lending from securities underwriting an...

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