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Gary Wright

Archive for: October, 2009

Gary Wright - BISS Research - London | 30/10/2009 | 2833 views | 1 comment

Islamic banking and finance; just another type of banking

At a recent Mazars seminar in the City the changes in accounting and tax treatment in the UK and France were presented to an expert audience but it was the alternative virtues of Islamic banking as opposed to Western banking that stood out. The presentation by Tarek el Diwany, an ex Bond Trader (before he converted to become a Muslim) provided a c...

Gary Wright - BISS Research - London | 30/10/2009 | 2986 views

XBRL Update

For everyone that has read the XBRL Blog " XBRL is coming in a big way" please re read the comments. These comments have flushed out valuable information and status as well as underlying the terrible lack of awareness in the industry. There are far too many people that are stuck in the ISO standards type of thinking and missing the point that the ... Group: XBRL Discussion Group

Gary Wright - BISS Research - London | 29/10/2009 | 2635 views

Northern Rock to Tesco bank; is something afoot?

A few years ago any thought that Tesco would be a potential buyer of Northern Rock would have been, well, ludicrous. We live in unusual times and a deal to sell Northern Rock to Tesco does not look out of the question. The facts are making this potential deal look likely, if not certain. Tesco is building its banking subsidiary in the North of Eng...

Gary Wright - BISS Research - London | 28/10/2009 | 2698 views | 3 comments

Tesco showing the way

Tesco are moving into Banking and this can only be great news for the Banking sector and customers. The word trust has been lost with existing banks and by introducing a trusted brand like Tesco into the market the sector can start rebuilding. It will not be plain sailing for Tesco but they surely go with the good will of everybody. The shake up t...

Gary Wright - BISS Research - London | 27/10/2009 | 2707 views | 1 comment

XBRL and the Identity Issue

The DTCC/SWIFT/XBRL initiative will I am sure, be a success and be a springboard to a new age of data standards. However, there remains an important issue that needs attention and that is, to protect the identity of the issuer of the taxonomy and the security of the data they issue. The obvious solution to the identity problem is to create a direc... Group: XBRL Discussion Group