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Gary Wright

Gary Wright Analyst at BISS Research

City Managers part three

"Look for people who will aim for the remarkable, who will not settle for the routine." David Ogilvy Unlike the once all powerful office manager, these new armies of managers who invaded the City were ill-equipped to do the job, as they has little or no experience and shallow industry knowledge. They were simply bright young chaps, with...

Gary Wright

Gary Wright Analyst at BISS Research

City Managers - Part 2

"One day with an expert is worth a thousand of training" Japanese proverb The City hardly changed for over 250 years it was deregulation, known as Big Bang that set the City on an on-going course of massive change. Starting in 1986 the change process has hardly paused for breath and in fact is accelerating, bringing enormous challenges...

Gary Wright

Gary Wright Analyst at BISS Research

City Managers - Part 1

"A desk is a dangerous place from which to view the world." John le Carré. As I near my 60th birthday I find I am reflecting on and analysing the time when I entered the City and the intervening years that led to me to think like I do today. People are shaped by experiences and the culture created by people they work with. Culture is als...

Gary Wright

Gary Wright Analyst at BISS Research

Breakthrough growth for SMEs

In what was the expected uninspiring budget, considering the confines of what the Chancellor could work with, he managed to pluck a real plum that could have considerable long term benefits for the economy. Removing the stamp duty from transactions on AIM (The Alternative Investment Market run by the London Stock Exchange) listed securities. Set u...

Gary Wright

Gary Wright Analyst at BISS Research

Should the London Stock Exchange buy NYSE Euronext?

One of the surprise corporate deals at the end of last year was ICE purchase of the NYSE Euronext. Most surprising because on the face of it this deal looks unbalanced and does not perfectly fit into eithers business. So why the deal? The only time we find deals of this type is when there is an ultimate plan and business wise and economically t...

Gary Wright

Gary Wright Analyst at BISS Research

UK Lags Continental Europe in Shareholder Activism Tables

Shareholder activists and individual private investors might not need to cover their faces in war paint or protest loudly outside annual general meetings (AGMs) any more to make a point, although it might yield the desired results. Today investors with less abrasive dispositions can defer to shareholder associations to do the job for them. But ...

Gary Wright

Gary Wright Analyst at BISS Research

City View: High APRs are not only found in Payday Loans

Reproduced by kind permission of the CISI Alex hates this time of year. It's when the bills from Christmas, which have lain unattended for many weeks, now need paying. This year they are a little higher than expected, by more than £200, and Alex hasn't been sleeping well, thinking and worrying about how they are going to be paid. His partner...

Gary Wright

Gary Wright Analyst at BISS Research

LinkedIn

I have just recieved a e-mail from LinkedIn to say that i am i the top 1% of most viewd profiles from their 200m users. Gutted! I thought i was more famous than that! Anyway it does demonstrate the massive growth of social networks and along with the rather spectacular LinkedIn profits for the last year evidence of value. I do hope they dont go do...

Gary Wright

Gary Wright Analyst at BISS Research

SEPA is arriving at the station

Like trains SEPA had a timetable, which like the railways is open to change due to foreseen and unforeseen circumstances. The SEPA project has certainly been on the slow line keeping up the train analogy, suffering from inert banking involvement and an almost complete lack of enthusiasm by just about everyone needed to make the project, not just h...

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Gary Wright

Gary Wright Analyst at BISS Research

European Banking Union a first step to a win for the EU

The first steps to creating a banking union have been safely negotiated and a course set that should eventually safeguard the tax payers from expensive banking failures. It will also put in place the beginnings of a structure for fiscal union across the Eurozone and this is vital if the Euro is to have any chance of surviving. Big stakes indeed bu...

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