477 Results from 2007
Retired Member
So we have seen some high profile casualties in the subprime triggered credit crunch from both the corporation and personnel perspective and I am sure we will see further cases in the coming weeks and months as more banks write off ever increasing amounts related to their mortgage business and as the true size of these write offs become clear as h...
22 November 2007 /regulation Trends in Financial Services
Latest report from McKinsey “ The New Power Brokers: How Oil, Asia, Hedge Funds, and Private Equity - Are Shaping Global Capital Markets”, presents interesting insights into future of capital markets and also changes in source of capital, intermediaries and users of capital. According to the report, hedge fund assets under management have tripled ...
22 November 2007 /retail Trends in Financial Services
John Cant Managing Director at MPI Europe Ltd
The FT has reported that the UK's only residential property stock exchange, the Property Investment Market, has been forced to suspend its business after failing to meet new MiFID regulations. They have failed to gain approval so far from the FSA as a Multilateral Trading Facility or MTF. This news is interesting (using the word in its MiFID sen...
22 November 2007 /retail MiFID
Alan Goodrich Regional Sales Manager at ERI
Depending on your local bank/public holidays, there are just 45 business days to "SEPA Day"..! I can't help wondering just how "SEPA-ready" banks and corporates really are with effectively just 9 weeks to "LIVE" date to go..? SEPA may not be as big a deal as the Euro and Y2K in terms of the consequences of not being re...
21 November 2007 /payments /sibos SEPA and European Payments
The latest government data loss story beggars belief. It does make you wonder what would happen if we were stupid enough to introduce an ID cards scheme. I'm putting my money where my mouth is at www.no2id.net. Why not join me? Entertaining to see the Daily Mail (never one to let the facts get in the way of a good story) are reporting the ENTIRE...
21 November 2007 /security /regulation
Paul Penrose Head of Research at Finextra
That was the phrase used by the shadow chancellor of the exchequer George Osborne on national radio news this morning in reference to the UK government’s plans to introduce a biometric-based national identity scheme. It follows revelations that the computer discs containing the confidential information - including bank account details - of all 25 ...
21 November 2007 /security /retail
The globalization of financial services is accelerating rapidly, particularly in the emerging and pre-emerging market spaces. As the financial systems of G7 nations continue to evolve, these markets will need to undertake significant financial infrastructure reforms in order to achieve and maintain connectivity to the global economy. Chief among t...
20 November 2007 Private Equity Investing in Financial Technology
The Shanghai stock market continues to defy expectations -- up nearly 100% in 2007. Most of the commentary on the Shanghai market depicts the average Chinese investor as unknowledgeable and following the herd. However, a recent study that we’ve (kapronasia) just completed with Amber (www.amberinsights.com) shows that individual Shanghai A-share i...
20 November 2007 Asia Financial Services
Given that much of my time spent in conversations around metadata leakage being someone else's fault / responsibility, it was fascinating to watch the Chancellor's performance in the House this afternoon. That smoking gun certainly has a lot of fingerprints on it. Mind you, today's news will certainly raise the profile of Information Leak Preventi...
20 November 2007 /security /regulation Information Security
After nearly a decade of weather derivatives trading, the exchange traded weather risk products started picking up in volumes and popularity, but still there are a lots of interesting points to observe in OTC trading volume, liquidity, trading infrastructure etc.. As per the WRMA’s 2007 industry survey total number of contracts traded worldwide f...
20 November 2007 /regulation MiFID
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