1205 Results from 2008
Elton Cane Digital product delivery at News Corp Australia
The SocGen fraud story, which is flabbergasting the industry and providing a distraction from credit crunch woes and hand-wringing about the dangers of overly complex structured productios, is remarkable for a number of reasons. The losses don't come from any exotic OTC dealings. Instead, the trader was dealing in plain vanilla futures on European...
24 January 2008 /regulation /wholesale
Steve Ellis Founder at Finextra Research
... in Second Life that is. Which makes it seem a touch irrelevant to the real world right now. Although it is, apparently, costing Second Lifers who deposited with a number of the virtual banks the loss of 'real' dollars. WSJ has the full story - and its free to view too (thanks for that Rupert).
23 January 2008 Finance 2.0
Mashable points me to news that Michael Feser, a senior exec at E*Trade Financial, is to join the admirably funded ($35 million at last count) online broking 'community', Zecco. Feser was previously VP Customer Services at E*Trade, the PR is here. Have to admit I hadn't come across Zecco before. Their 'about' section uses the C-word a lot: Commun...
Retired Member
An opinion piece in the International Herald Tribune drew my attention to a report published by The World Bank in mid-Dec 2007. The study measured the relative size of 146 economies (for the year 2005) using the 'purchasing power parity' (PPP) method. The World Bank study had concluded that the economies of India & China were about 40% smal...
22 January 2008 /retail
It would seem that we have entered a period of bipolarity in global financial affairs. On the one side we have (Eastern) sovereign wealth funds charged with investing vast sums amassed through explosive economic growth (China, Singapore) or the skyrocketing price of oil (Saudi Arabia, Qatar, Russia) and on the other, (primarily Western) private se...
22 January 2008 Trends in Financial Services
The Olympics Amongst all of the events happening in China in 2008, without a doubt, the most important item on the Chinese agenda this year is the Beijing Olympics. Seen by both domestic and international observers as a key indication of China’s development, the Chinese government has spared no expense in preparing for the games. The entire city ...
21 January 2008 Asia Financial Services
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
If this Reuters news item turns out to be true, Markit has a very good chance of becoming the number three data vendor behind Reuters/Thomson and Bloomberg. In fact, Tom Glocer was alledged to have said last year, that Boat would emerge as the data provider to fill the spot left open by the Thomson acquisition of Reuters. Markit has long been a c...
21 January 2008
Keith Appleyard IT Consultant at available for hire
The former Inland Revenue supplies a PAYE Calculator on a CD-ROM. Adding a new starter today, when I completed uploading her profile I got a warning message “this employee is beyond retirement age”, which would have reduced her National Insurance contributions. I was confused, as she’s only age 50, so had there been a change in Legislation I hadn’...
18 January 2008 Whatever...
After previewing its fourth quarter results on Monday, IBM yesterday provided more details yesterday, which provided a boost for the tech sector generally. And although it may be too early to tell, they could also show that any falls in bank tech spending resulting from the current financial crisis aren't too severe (yet). The company saw earning...
18 January 2008 /wholesale Finextra50 fintech index
Alan Goodrich Regional Sales Manager at ERI
Yesterday evening I enjoyed a lively debate on "Mobile Telephony and the Supply Chain" at the Financial Services Club Supply Chain Forum... good company, wine and food... but left with the nagging feeling that we had somehow missed the point in our discussions... Much of he discussion revolved around mobile payments and the mobile phone /...
18 January 2008 /payments Financial Supply Chain
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