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I just had a friend phone me to tell me that after almost 12 years at the same firm, he's being laid off. I had another friend phone me yesterday to tell me how horrible his job is now. A couple weeks...
Who’s to blame for the current financial markets crisis? The simple answer is everybody! That out of the way, onto my rant.. When Mortgage Brokers and Bankers are pushing home loans like too much cand...
Here's an interesting development. This is neither tangible goods or real service being turned into a derivative of sorts. I just read that the "Dow Jones Indexes and the Chicago Climate Exchang...
Let me get this right... The banks are paying EUR 21,000,000,000 a year for payments not going STP? Not likely! SEPA directives are quite clear in what information a customer must provide for a SEPA ...
Banks are focusing inward in their quest to comply with Basel II operational risk requirements. This is of course critical if the banks are to achieve an acceptable level of success in its compliance....
I just arrived home after a week in Hong Kong. Two unrelated events happened while I was there. The start of the Olympics and the Asian markets patting themselves on the back for not being in the top ...