1027 Results from /wholesale
Paul Penrose Head of Research at Finextra
Choosing a new name for a business venture is fraught with pratfalls. How will it translate in multiple languages? Will it offend anybody? What about the domain name rights? All the same, you have to wonder about the advice meted out to SWX Swiss Exchange and Deutsche Börse when they settled on the name 'Scoach' for their new joint venture structu...
14 August 2007 /wholesale Whatever...
Elton Cane Digital product delivery at News Corp Australia
Normally it's not good form to take potshots at the mistakes of fellow media organisations. But today's newsletter from press release aggregator Bob's Guide contains a particularly amusing piece: Deutsche Bank hires Greenspam as advisor Deutsche Bank has hired Alan Greenspam as senior advisor to its investment banking unit. The appointment ...
14 August 2007 /wholesale Finextra50 fintech index
From the Sydney Morning Herald: 'The biggest bank in the virtual world of Second Life has closed its doors after a run on its deposits, putting at risk hundred of thousands of real dollars of savings and investments.' The 'bank' in question, Ginko Financial, yesterday stopped accepting deposits, froze all withdrawals and converted account holders'...
10 August 2007 /retail /wholesale Futuristic Banking
I participated in a roundtable recently held by compliance vendor NetConsent. It was a fairly broad-ranging discussion about how digital certificate and e-signature solutions have evolved and been adopted (or not, as the case may be) by businesses and governments over the past 10 years. One interesting example that came up is the way the Swedish ...
07 August 2007 /wholesale MiFID
Retired Member
The FSA have proposed this week that the cutover date for MiFID transaction reporting should move from 1st November to 5th November (i.e. to a more conventional Monday go live date) giving more time over the weekend to switch over and test the new processes and systems. This is, at face value, a practical move that is likely to make the switchover...
02 August 2007 /wholesale MiFID
I heard an interesting snippet the other day about IBM's plans to target the high performance computing needs of Wall St. and the City with blade servers based on its powerful Cell processor. IBM developed the processor with Toshiba and Sony. It is the brains of Sony's PlayStation 3 videogame console, but also has potential applications in industri...
10 July 2007 /wholesale
The McKinsey Quarterly has bagged an interview with Diane Schueneman, the head of Merrill Lynch's Global Infrastructure Solutions unit. The new division combines the firm's IT and operations arms. Schueneman explains how this integration has led the company to set new and ambitious goals for its combined operations and IT units and how it is build...
02 July 2007 /wholesale
Rich Marin, the embattled head of Bear Stearns asset management arm, was forced to step aside Friday in the wake of the near-collapse of two hedge funds associated with his division. He remains with the firm in an advisory capacity. Marin’s fate was finally sealed after the New York Times took pot shots at him for taking time off to go to the movie...
02 July 2007 /regulation /wholesale
In which activity are Romania, Ireland and the UK current leaders in Europe, and Italy and Spain are bottom of the league? If you have been following the financial press coverage, you will not doubt have quickly answered MiFID transposition (the copying of the MiFID directives into a states local law). Okay, not really an Olympic sport, although s...
02 July 2007 /wholesale MiFID
Kevin Anderson reports for the Guardian IT on an exercise organised by the Economic and Social Research Council to consider what sort of world the interplay and advances in nanotechnology, genomics, information technology and cognitive science might create. The policy wonks considered four possible visions of the future – two positive and two ne...
29 June 2007 /retail /wholesale Futuristic Banking
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