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Whatever were they thinking of? Wells Fargo, a recipient of $25 billion of taxpayer bail-out money, has been forced to cancel a lavish all-expenses paid trip to Las Vegas for up to 40 employees after ...
Yesterday's announcement from Thomson Reuters about their partnerships with Cisco's Jabber XCP, IBM Lotus' Sametime and Microsoft's LCS/OCS can only be termed exciting. The hub connection solution is ...
So after a 4.5 mile hike through the snow from Battersea to St Martins Lane, which took over 2.5 hours, I finally made it to Finextra HQ. Happy to report the rest of the Finextra sales team made it in...
a) Core Banking Introduction In a nutshell a core banking system is a centralized self contained system that shall have the benefits of performing multiple transaction activities coupled with scal...
No matter which way you look at it Ken Lewis's bail-out of Merrill Lynch looks increasingly wrong-headed. John Thain - the man who sold the pony to Lewis - has now fallen on his sword after Merrill po...
Each day we hear of another bank deep in a hole of its own making. The billions and eventually trillions of tax payer's money pitched into banks is taking some time to take effect and get the busines...
If Murphy’s Law didn’t already exist, they would have had to invent it to help explain what has happened to the financial sector over the past six months or so. Over the years there have been many pro...
Researchers at Cambridge University have found a link between the profitability of male traders at a London bank and the ratio of index to ring fingers on their right hand. The so-called 2D:4D ratio i...
It's the flu season again, so time to dust off some research first published back in May last year in which researchers discovered that the human flu virus can survive on banknotes for up to 17 days....
If you want to see experts scramble, ask for a prediction, wait 12 months and then go back for comments on why and how they got it wrong. Let’s face it expertise is no guarantee when it comes to predi...