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Wall Street is history. Official. The news from New York that Wall Street's last two investment banks Morgan Stanley and Goldman Sachs are to convert into tightly regulated bank holding companies mark...
The current market turmoil looks like it's going to hit offshore outsourcing firms pretty hard. As the FT reported a couple of days ago, firms like HCL and Wipro are putting a brave face on the crisi...
Now I've spent 15 years writing about technology and data on Wall Street and the City. I've met many people who do (or did) take home a fat wad of cash and others who get by on much smaller wallets. B...
Amid serious concerns that the escalating banking crisis will result in a major loss of sales, Thomson Reuters has instigated a recruitment freeze at its financial markets and technology unit. Accordi...
Growth in Transaction Banking; are banks going back to basics or is there a killer application ? While the global financial markets face severe meltdown, one area within banking quietly continues to p...
Following on from my previous blog about the mileage a typical Sibos delegate clocks up during the event, I have an update for you. Monday started quite slowly with a modest 7.8km - there was a lot o...
In addition to the US squatter the European Squatters are hard at work. A number of permutations of the potential LloydsTSB / HBOS merger have also been snapped up. However there are a few combination...
There's a first time for everything and an early morning run at Sibos certainly was a first for me. Thanks to the good people at EBA Clearing and our excellent local guides from RZB a couple of the Fi...
FXMarketSpace was born out of the general belief, current a few years ago, that markets such as FX would "evolve" towards the exchange-based model of equities, and that this somehow represen...
In a lively conference session on the opening morning of Sibos 2008, Till Guldimann, vice chairman of SunGard, told delegates that the increasing use of Web 2.0 technology was "a wake up call for...
Before Sibos is over? So, another year older and so too another Sibos, this my third. Although still a relative novice, I have pondered in the past just how much distant a Sibos delegate without a sta...
...but SWIFT may be part of the solution. It's fair to say that the SEPA Credit Transfer go-live in January this year has been something of a non-event. SCTs have not taken off and volumes remain lo...