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Gary Wright

Analyst
BISS Research
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19 Sep 2007
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Followed by John Sims, Martha Boyle and 5 others you follow
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Gary's opinions

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Gary Wright

Identity management the key to linking operations

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 vertical business and operation model. This was not the plan but it’s the one that has been allowed to exist. Nowadays, the problems of banking silos are ...

17 July 2012 /payments /regulation Post-Trade Forum

Gary Wright

Responsibility and accountability of the LIBOR scandal

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 vastly different backgrounds it was fascinating that we all arrived at a consensus and a definition of responsibility and accountability. In my mind res...

13 July 2012

Gary Wright

Goose for gander phone recording

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 technology exists to do this relatively easily and is commonly used by many customer service centres globally outside of financial services to ...

11 July 2012

Gary Wright

The recalibration of debt

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 time looks like the only plan to keep the Eurozone above water. However, sooner or later these short measures will fail and we will see the Eurozone ...

06 July 2012

Gary Wright

In defence of Banks

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 questioning financial services and how it can be so rotten and be run by such greedy and morally decadent people. Should we be so sanctimonious though? ...

06 July 2012

Gary Wright

Barclays Board turning a blind eye

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 unnoticed by the board. If they were aware and allowed LIBOR manipulation did they know what they were doing? The board was either incompetent or complicit i...

05 July 2012

Gary Wright

The needs of the few

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 is angry with the current state of financial markets. The future has never been more uncertain for countless millions of people worldwide than today w...

04 July 2012

Gary Wright

Ethical and moral decline in the City

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 worse and worse and the solutions becoming much harder to see. For this reason I believe that we can all look to history as a guide of what worked be...

03 July 2012

Gary Wright

LIBOR Scandal and the way we were

Since 1969 I have seen just about all the changes that have created the financial markets we have today, some good some bad, but generally for the good. Beginning like that you might expect that I am going to say everything was simply great in the old days and nothing wrong went wrong with all summers dry and sunny and all winters full of snow and...

02 July 2012

Gary Wright

Canada produces a model financial market

TMX is a great success story in global finance today. Listening to their presentation this week and discussing the woes of today’s financial markets within the broader global economic picture it was really encouraging to hear how a modern stock exchange is able to buck the trend and be profitable and growing. Makes you wonder how this has been ach...

27 June 2012

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Gary writes about

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Gary's opinion archive

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