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I have been following recent press reports with a growing sense of unease. What I am reading is that some of the big banks, including some that were only bailed out by their respective governments in ...
I generally find the subject of banking, risk management, payments and so on to be pretty serious stuff. After all I have spent my entire career dealing with the various aspects of all of this. I mu...
It never ceases to amaze me that in the world of banking two different worlds can seemingly co-exist side by side, each oblivious of the other. There are many examples of this, such as "sound ris...
Once again I am appalled by the banks. Here we are, all in the midst of the worst financial crisis of the past seventy years, brought on by the greed and stupidity of the banking community and what ar...
Although the world's financial system is still in dire straits, together with the economies that have been dragged down with them, there seems to be an element of optimism in the air. Perhaps it is th...
I was really stunned today by how rapidly our current financial woes have affected the real world. Just three months ago, I was in London to attend to some business matters. Then it was the usual pack...
There has been news in recent weeks in the press that the banks continue to wield undue influence, aimed at protecting their powers. This time the news comes from Kenya and it's all about M-PESA. Fo...
Today I went to my bank to draw MY money from MY account. Even doing this without the assistance of a surly bank teller costs me money in transaction fees. I do the work, on the bank's equipment on my...
As a committed operational risk professional, I cannot help but stare in amazement amidst all the financial ruin and desolation that surrounds us. There has been a lot of hand-wringing and pronounceme...
As a committed operational risk professional, I cannot help but stare in amazement amidst all the financial ruin and desolation that surrounds us. The hand wringing and the weeping about credit risk, ...
Executive compensation is in the headlines again. And guess where? Nowhere else but than about executives at the failed Lehman Brothers. I see that the failed investment bank's CEO, Richard Fuld, has ...
A key element in the development of any tangible product is the risk analysis that is (or should be) included in the design stage. If I build this object/product as specified, how safe is it going to ...