20 October 2014

Gary Wright

Archive for: July, 2012
a non-active Finextra member

Identity management the key to linking operations

17 July 2012  |  3480 views  |  0  |  Recommends 2

Historically banks have built business and operations in silos, and over decades, despite numerous mergers and purchases creating the proverbial one stop shop, the typical bank still maintains a vertical business and operation model. This was not the plan but it’s the one that has been allowed to exist. Nowadays, the problems of banking silos ar...

TagsPaymentsRisk & regulationGroupPost-Trade Forum
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Responsibility and accountability of the LIBOR scandal

13 July 2012  |  2878 views  |  0  |  Recommends 2

At a meeting of City friends I was intrigued by the discussion concerning responsibility and accountability in financial services today. Bearing in mind the age range within the discussion and our vastly different backgrounds it was fascinating that we all arrived at a consensus and a definition of responsibility and accountability. In my mind r...

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Goose for gander phone recording

11 July 2012  |  1782 views  |  0  |  Recommends 1

Last year in the UK, it was made mandatory that all telephone and other mobile devices used by employees trading or offering advisory services in regulated financial services firms, had to be recorded...

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The recalibration of debt

06 July 2012  |  2124 views  |  0  |  Recommends 0

The sovereign debt crisis in Europe rolls on with seemingly no political will to make the tough decisions required to produce a long term solution, pouring more money into black hole economies to buy ...

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In defence of Banks

06 July 2012  |  3218 views  |  2  |  Recommends 1

It’s a popular pastime today to throw stones at banks and vilify bankers, which is quite understandable given their pivotal role in bringing down the lifestyles of the world population. We are all que...

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Barclays Board turning a blind eye

05 July 2012  |  2769 views  |  0  |  Recommends 2

There are many questions about the LIBOR scandal that in time will be answered, but crucial is the awareness or not of the Board at Barclays? It’s inconceivable to me that such practices went unnotice...

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The needs of the few

04 July 2012  |  2307 views  |  1  |  Recommends 1

What has happened to financial services to create such a breakdown of trust and an almost total dereliction of responsibility and duty? How did it all come to this? It’s understandable that everyone i...

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Ethical and moral decline in the City

03 July 2012  |  2511 views  |  2  |  Recommends 3

I joined the City way back when and am now trying to come to terms with what we have today. Like most people the current malaise in financial markets is hard to take and sadly the stories seem to get ...

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LIBOR Scandal and the way we were

02 July 2012  |  2372 views  |  2  |  Recommends 1

Since 1969 I have seen just about all the changes that have created the financial markets we have today, some good some bad, but generally for the good. Beginning like that you might expect that I am ...

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