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Archive for: November, 2011

Steve Grob - Fidessa - London | 30/11/2011 | 3125 views

And the good news is.....

Feels like it’s a pretty tough time to be in global banking right now. If it’s not falling volumes then it’s layoffs or, worse still, actors like Bill Nighy bleating on about the need for a Robin Hood tax hitting the headlines. And on both sides of the Atlantic we have regulators that seem oblivious to the damage they leave in th... Tags: Dealing rooms, Trade execution

Amanda Hartshorne - Tieto - Leeds | 30/11/2011 | 2947 views

For-bearance or against it?

So what actually are the FSA after then? Do they want firms to treat their ‘customers fairly’ when in times of temporary financial shortages, or do they want lenders and administrators to be more transparent to them when reporting residential mortgage arrears and shortfall figures? Read between the lines of the FSA’s latest guid... Tags: Risk & regulation, Retail bankingGroup: Financial Services Regulation

Amir Halfon - MarkLogic - New York | 29/11/2011 | 5305 views | 1 comment

Managing the 'Big' in Big Data

My first post on the topic of “Big Data” discussed the context of the "four Vs" of Big Data in financial services: Volume, Velocity, Variety & Value. With the latest developments in the European debt crisis – including credit rating downgrades in key ‘AAA’ nations – echoing across the Eurozone and to the Unit... Tags: Risk & regulation

Chris Dutta - Piccadilly Group - London | 28/11/2011 | 2921 views

Should we blame technology for the current crisis?

“Beware of the geeks bearing formulas” said Warren Buffett. Although aimed at quants and their complex financial models, sometimes I feel this statement is as equally as applicable to members of the IT community like myself who are tasked with helping make such complexities reality. This year, my colleagues and I have had many a discus... Tags: Trade execution, Risk & regulationGroup: Banking Architecture

Jonathan Charley - BearingPoint - Weybridge | 28/11/2011 | 4832 views | 2 comments

Wanted: CEO for UK Retail Bank

With the news that the RBS Retail Bank CEO, Brian Hartzer is to return to his native Australia to take up a similar role with Westpac and to be groomed as Gail Kelly's replacement, he is but just one more executive to leave UK Retail Banking. He follows Deanne Oppenheimer (Barclays returning to her native Seattle), Helen Weir (Lloyds Banking Group ... Tags: Retail banking