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When did Banks get too Big? Banks used to be small. Then that all changed. Banks bought each other. Banks got bigger and fewer. The only real kind of bank was one that was global, and carried out ever...
Interesting comment reported on the BBC website this morning. Gary Hoffman is quoted as saying (about the resumption of lending): "We can now return to what we do well - mortgage lending." ...
I thought the video interview with Steve Abrams of Mastercard was quite interesting. Just as I suspected, Mastercard was not aware of the existing patent which does not belong to ORBISCOM. His respon
...or desperate, or trying to send me a message that is too subtle for my limited imagination...? They're teaching some pretty weird stuff about managing customer relationships in the marketing classe...
It has been said often that it is a lack of confidence that is driving the current economic gloom. Today we have seen evidence both ways. On the one hand AIG book a loss of $61.7bn, a figure so substa...
OTPs are of course better than static pin-codes. A move to require OTPs instead of the static pin-code will surely help eradicate card-present fraud. Can such a card even be inserted into any chip a
Another Financial Portal reports the release of CDS Standard Model by ISDA (International Swaps and Derivatives Association) as an open-source project The software has its origins in the J. P. Morg
An interesting article from Netbanker on bank charges. I am sure, every bank thinks on the topic: if no big money can be earned on (new) loans, then what is next? Transactions? Service? Additional pr...
There is mucho incompetence over the pension issue that is in the Press at present. Our politicians are jumping on the bandwagon and either don't understand the issues, or are playing dumb for their o...
The Times of India is reporting that TCS, the largest Indian outsourcer, is laying-off almost its entire marketing team in London along with a large percentage of their high-end consultants. The CEO ...
The recent discussion about the virtues of a re-introduction of Glass-Steagall may have taken a wrong turn. Glass-Steagall was introduced to physically separate lending from securities underwriting an...
Picture the scene. “Hey, Tone. Many of of us don’t like the mess you left the country in, so you’re losing your PM’s pension.” “Maggie. Loads of your humble citizens think you wrecked the country ...