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Several US senators have introduced a bill bringing back elements of the Glass-Steagall Act “to reduce risks to the financial system by limiting banks’ ability to engage in certain risky activities an...
Financial Fraud Action (FFA) UK, the finance industry’s national anti-fraud group has observed an increase in successful criminal activity in the first half of 2013, with physical theft of cards using...
When regulators define mathematics, the apparent certainty that the science brings is thrown to the wind. Big banks are currently selling off cash reserves, issuing stock and swapping the labels over ...
It’s Sept 2013, and we’re upon the anniversary of Lehman Brothers. Much editorial this week has been devoted to the perceived risk that still exists in the banking system. Haven’t regulators reformed ...
We can soon expect the European Central Bank (ECB) to outline the details of the Asset Quality Review (AQR), an examination of some 130 European banks’ assets, to be conducted in 2014. The AQR may wel...
The fact online banking hits the 30 year landmark this week may come as a surprise to some, but as with any 30 year old, it has grown and changed significantly since its birth. The technology has come...
The Guernsey Financial Services Commission (GFSC) has launched a consultation on an opt in Alternative Investment Fund Managers Directive (AIFMD) equivalent regime for Guernsey licensed fund managers ...
A branch in a box? What would you do if you had a used shipping container? Weird as it may sound it's actually on my wish list – and my hypothetical container will be converted into a fortified shelte...
Payments home by overseas workers reached a staggering $534 billion (£358.7 billion) last year and look set to top $685 billion (£460.1 billion) by 2015, according to the World Bank. With such a vast ...
The banking and payments landscape is changing at a great pace. Increasing consumer demand for quick and easy access to accounts has led to greater reliance on technology for banks and consequently in...
The European Securities and Markets Authority (ESMA) has published final guidelines on the reporting obligations for alternative investment fund managers (AIFMs) under the AIFM Directive (AIFMD). The...
When you've lived and worked in London your whole life you become accustomed to a certain level of convenience. You fall into a trap of thinking every high street in Britain is as similarly equipped a...