Finblog

08/01/2010 | 2303 views | 1 comment
Tokyo fires blunt arrowhead

The Tokyo Stock Exchange has spent $140 million on the development of arrowhead, a new 'super-fast' trading platform that processes trades in five milliseconds, approximately 600 times faster than its legacy predecessor. The TSE may have hauled itself into the 21st century with the upgrade, but it ...
Tags: Exchanges, Wholesale banking

02/12/2009 | 1521 views
Goldman bankers tool up with handguns - allegedly

We hear from no less a source than a Bloomberg news columnist that the higher-ups at Goldman Sachs are loading up on pistol permits for fear of a popular uprising against God's own bankers. Now, the 'evidence' for this is anecdotal in the extreme. “I just wrote my first reference for a gun p...
Tags: Dealing rooms, Wholesale bankingGroup: Whatever...

01/12/2009 | 1418 views | 1 comment
Message to BofA: If you want Clarity try YouTube

Bank of America has announced the launch of the Credit Card Clarity Commitment(TM), a one-page summary of customers' rates, fees, and payment information. "Bank of America is investing more in our customers and our future," says Brian T. Moynihan, Bank of America Consumer, Small Business Banking, a...
Tags: Payments, Retail bankingGroup: Finance 2.0

16/11/2009 | 2688 views
Thomson Reuters logo goes down the pan

Credit to Reuters' blogger Felix Salmon for picking this one up from the Post Secrets blog. The secret story of Thomson Reuters new logo, as told by a disaffected design team member:
Tags: Dealing rooms, Wholesale bankingGroup: Whatever...

05/11/2009 | 1119 views
The gospel according to Martin Lukes

Praise be! The FT has resurrected Martin Lukes, the deluded and corrupt former chief of fictional company a-b global, who disappeared from view some years back after being convicted of insider trading. In tune with modern social media trends, Lukes - who declares himself "480% innocent" of the char...
Tags: Retail banking, Wholesale bankingGroup: Whatever...

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