HSBC Private Bank: 15,000 customers affected by data theft, not 10 as previously thought

12 March - 10:53 AM

It is now clear that the theft of customer data at HSBC Private Bank in Switzerland, which was perpetrated by a former IT employee about three years ago, involves approximately 15,000 existing clients who had...

SEC warns of vulture website targeting Madoff victims

12 March - 09:43 AM

The Securities and Exchange Commission is alerting investors about a website that falsely claims to have recovered $1.3 billion (£860 million) in funds hidden by convicted Ponzi schemer Bernard Madoff in Malaysia. The site asks...

Gensler calls for real time transparency for the public: fiduciary duty will not halt reform

12 March - 09:26 AM

Speaking at the FIA's Annual International Futures Industry Conference, chairman of the Commodity Futures Trading Commission Gary Gensler has emphasised the need for regulation of OTC derivatives trading and central clearing for swaps, saying that...

JP Morgan AM running on Bravura's Babel

11 March - 12:44 PM

Bravura Solutions has implemented Babel, its straight through processing solution for JP Morgan Asset Management in the United Kingdom. JP Morgan is a long-term Bravura client, having previously implemented the Rufus global transfer agency solution....

Smarts and Bats extend surveillance partnership to Europe

11 March - 11:06 AM

FSA's Financial Risk Outlook indicates continued enforcement

10 March - 04:05 PM

Link Investimentos using Apama for algo trading

10 March - 03:29 PM

MediBank Zug deploys Ambit Apsys Private Banking and CRM

10 March - 02:43 PM

Appointments: Liquidnet names head of European Trading Desk

10 March - 02:31 PM

Appointments: New Turquoise management team named

10 March - 02:25 PM

Bursa Malaysia Derivatives picks Patsystems for derivatives OMS

10 March - 11:32 AM

UBS to launch European multilateral trading facility

09 March - 08:35 AM

Appointments: CLS announces that Bozian will be chief executive

08 March - 03:04 PM

Appointments: Calastone names head of Luxembourg office

08 March - 02:59 PM

Keynote UK Banking Performance Index for 28th February - 6th March

12 March - 03:22 PM

Appointments: New chief technical officer at Servebase

10 March - 03:09 PM

Cinnober claims reduced latency with TRADExpress version 8

10 March - 03:05 PM

Appointments: Fiserv adds Capdevila to risk and compliance team

09 March - 09:43 AM

Appointments: Gravitas names Gusick head of systems integration

09 March - 09:35 AM

Former MD of Bank of Montreal's Commodity Derivatives Group fined by New York Court

09 March - 08:44 AM

LSE sees average daily value traded up 25% in February

05 March - 01:57 PM

Accuity advances sanctions screening with compliance link

05 March - 12:44 PM

TradingScreen integrates with FMO portfolio management system

05 March - 12:40 PM

SunGard launches new derivatives stream gateways for Singapore and London

05 March - 12:36 PM

Can bankers get honest about their charges?

Posted on 26 February 2010 by Tom Groenfeldt

Ah, for the good old days when bankers made money by providing useful services – taking deposits and making loans, for example. Is it too much to expect bankers to make money honestly rather than...

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For Oracle to take out IBM requires more than talk

Posted on 25 February 2010 by Tom Groenfeldt

Larry Ellison has said that with the acquisition of Sun he is ready to take on IBM in the enterprise. Others don’t think so. I’ve been steadily impressed with what IBM is doing in financial services. Everyone...

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Do bonuses make you untrustworthy?

Posted on 23 February 2010 by Dan Barnes

Some new research by David De Cremer, a professor at Rotterdam School of Management, Erasmus University and visiting professor to the London School of Economics, raises a few interesting questions about bonuses, the main one...

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Investment banking: rebuilt for battle

11 March - 08:29 AM

Investment banks are built for the combat of capital markets: nanosecond reactions, omniscience and a global reach. That's a modern investment bank. Then, on 15 September 2008, the subprime blight wiped out Lehman Brothers. The...

Mobile banking: The Branch of the Future?

11 March - 08:25 AM

Revolutions are usually a long time coming. The revolutionary change wrought by mobile devices on everything from music, to photography, to internet access to banking has been particularly long in gestation. But the first three...

Corporate services: Getting the ball rolling

11 March - 08:10 AM

A survey of 54 large corporations conducted in April 2009 found that only 41% would be likely to recommend their financial institution to a friend or colleague, while less than half (46%) said they were...

Corporates: will they jump ship?

11 March - 08:05 AM

The introduction of the Payment Service Directive created the new category of payment institution - commercial entities offering services that could compete with the services that banks offer to corporates. Banks are such a slow-witted...

Comment: The future of mobile payments

11 March - 07:55 AM

While mobile banking is now widely accepted as part of the mainstream, other mobile technology offerings such as mobile payments and m-commerce are largely considered more hype than reality. This is all set to change....