Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
There is much talk about reducing the settlement cycle to T+2 on both sides of the Atlantic and its shaping up that markets will move to T+2 sometime soon in the future. Much of the motivation...
Money laundering continues to be a scourge on financial services. Recent cases of some of biggest and most respected banks clearly demonstrate that as time goes by the risk of money laundering keeps i...
The payments industry has been a sticking point in financial services for quite some time. Vested interests and a concentration of far too much business between too few banks have created development ...
Well it’s over and the golden time is finished for another four years, after a great East End knees up that once again showcased the British culture and talent that we have given the world. The last t...
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 verti...
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 vas...
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...
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 ...
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...
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...
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...
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 ...