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Paul Penrose

Do you Web 2.0?

Enterprise spending on Web 2.0 technologies will surge over the next five years, growing 43% each year to reach $4.6 billion globally by 2013, according to a new report from Forrester Research. Curre...

24 Apr 2008
Finance 2.0
Paul Penrose

Thomson Reuters fails intelligent information test

The newly-merged Thomson Reuters combo made an inauspicious start to its first day's trading yesterday. Brokers, spooked by the rising tide of red ink and job losses in the investment banking sector, ...

18 Apr 2008
Finextra50 fintech index
Paul Penrose

CEBR Cassandras accused of over-optimism

The CEBR forecast for 20,000 credit crunched job losses in the City of London has been trumped by a new analysis from JPMorgan property analysts which puts the total number of redundancies at somethin...

15 Apr 2008
Finextra50 fintech index
Paul Penrose

Customers force-fed card security standards

Two of the UK’s biggest banks, Barclays and NatWest, have moved to make subscription to MasterCard SecureCode and Verified by Visa mandatory for debit card payments made online to approved merchants. ...

14 Apr 2008
Trends in Financial Services
Paul Penrose

Money makes the world go around

How do you get senior management buy-in for a commitment to environmental sustainability and carbon neutrality? By hitting executives where it hurts – in the back pocket. That’s the approach that’s be...

11 Apr 2008
Going green
Paul Penrose

Green is good

Organisations that are tempted to cut back on green PC initiatives as part of wider IT cost-cutting efforts may find themselves out of pocket in the near- to mid-term, according to Gartner. For most ...

08 Apr 2008
Going green
Paul Penrose

A letter to the editor

Who would want to be a bank boss? Andrew Clare from the Cass Business School, clearly thinks it worth a punt. From the letters page of the FT: Sir I know that this is not normally the forum to adverti...

08 Apr 2008
Whatever...
Paul Penrose

HSBC loses credibility as well as data

Given the regulatory and reputational risk associated with the loss of personal customer data it beggars belief that a top tier bank can still think it's OK to despatch an unecrypted computer disc con...

08 Apr 2008
Paul Penrose

Bank execs pay ultimate price for wrong bet

Two bank workers who stole 45 million yuan (HK$49.93 million) to buy lottery tickets have been executed in Hebei province, according to an AFP report quoting the Xinhau News Agency. The two vault man...

07 Apr 2008
Whatever...
Paul Penrose

Credit risk transfer: Where did it all go so wrong?

"A few fundamental tenets of sound financial judgment appear to have been violated." That's the typically understated view of the Bank for International Settlements, in its first official re...

02 Apr 2008
Finexpo
Paul Penrose

Top 100 April Fool's day hoaxes

Dog racing on ice? (The Daily Mirror). Nicolas Sarkozy to be stretched? (the Sun - natch). UBS share price soars on news of massive write-downs? (All financial press - the madness of markets). On Apri...

01 Apr 2008
Whatever...
Paul Penrose

Price war looms for European exchanges

European exchanges had best get ready for another round of fierce price cutting following the announcement by the US-based Bats ECN that it is to set up an operation in London. The Bats ECN launched ...

31 Mar 2008
Finextra50 fintech index

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