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Paul Penrose

Smoke, mirrors and financial accounting

How did the basket-cases of the US banking industry manage to post such, relatively, healthy results? It's all done by sleight of hand, as Dealbook helpfully explains. I particularly liked Goldman Sa...

22 Apr 2009
Finextra50 fintech index
Elton Cane

Innovation in wholesale payments, beyond e-invoicing

I'm expecting that again this year there will be a lot of talk about e-invoicing at EBAday in Vienna, particularly as the expert group and EPC are working to break down the remaining barriers to wides...

20 Apr 2009
EBAday
A Finextra Member

Charity Walk - the final countdown

Thought I'd give you a quick update on my walk. The kick off is under 4 days away now and I will be setting off next Tuesday (21 April). I am looking forward to the challenge and the experience but I ...

17 Apr 2009
Whatever...
A Finextra Member

Altruism or Profit--Green Initiatives Can Support Both

With its latest investment in Philadelphia-based Field Diagnostic Services (FDSI) and its overall $20 billion commitment to support sustainability, Bank of America (BofA) is just the latest financial ...

13 Apr 2009
Going green
A Finextra Member

G20 reach agreement - but is it enough?

According to the BBC - and who doesn't follow Peston these days ..... On behalf of the G20, Prime Minister Gordon Brown announced the following steps: Bankers' pay and bonuses will be subject to stri...

02 Apr 2009
Trends in Financial Services
Keith Saxton

IBM Viewpoint on Systemic Risk

IBM Viewpoint on Systemic Risk: Transparency Key to Global Financial Reform Shaping global financial reform has been a dominant theme in the lead up to the G20 summit. Calls for “strong oversight,”...

02 Apr 2009
Paul Penrose

Building the bomb that blew up Manhattan

The man who wrote the software that became the industry-standard method for securitising mortgages tells all, in this mesmerising account of a 15-year career on Wall Street that runs from the go-go 8...

01 Apr 2009
Paul Penrose

Make love, not leverage

Twitter seems to be coming into its own as a medium for reporting fast-moving events. Up-to-the-minute citizen reportage on the G20 protest rally can be found here. This just in: Protestors urinating...

01 Apr 2009
Finance 2.0
John Cant

Mine detecting bees

Whether it is certain bonuses in financial sector, or league tables and performance stars in the public sector, there have been numerous recent illustrations of the harm that poorly set business targe...

31 Mar 2009
Trends in Financial Services
A Finextra Member

If it's Business Social Networking is it Still Social?

Over the past few months, I have seen more and more banks, financial institutions and corporations announcing some type of foray into social networking. The desire to engage, connect and share with r...

30 Mar 2009
Transaction Banking
Paul Penrose

What's the point of Twitter?

So, everyone's a'flutter over Twitter? I wouldn't count on it. Here at Finextra we set up our own Twitter feed last year, just as an experiment. To set the ball rolling, we identified all Community m...

27 Mar 2009
Finance 2.0
Paul Penrose

Protestors vandalise Sir Fred's house

Public anger at banking excess seems to be boiling over into direct action and mob rule. Following the public hanging of a banking effigy at a rally in Marble Arch and the bus tours of AIG executive...

25 Mar 2009
Whatever...

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