October 11, 2016
This week: news on two things Blockchain and payments, one a real life proof of concept, the other of good intentions. Lastly a thought about how regulation in Europe will force some change in the payments space though not as much as we think. First, news of a successful proof of concept in the correspondent […]
October 3, 2016
SIBOS, probably the largest global gathering of the FS profession, took place in Geneva last week. Not surprisingly, this was a catalyst for many announcements on matters FinTech. FinTech is a tricky subject to keep up with and that effort has something in common with trying to stay on top of things clearing, Dodd Frank […]
September 21, 2016
Mea culpa. I missed something in last week’s post. Culture. The Wells Fargo misdeeds involved over 5’000 people; yes that means some processes failed, yes that means many people did not do their job properly. It also means that the organisation has a very serious outbreak of rotten culture. As the storm breaks out of […]
September 12, 2016
Bad process with no happy ending. 5’300 sackings and $185mm in fines. That is what resulted at Wells Fargo last week in a series of events that even managed to surprise me. This is a tale of poor leadership and widespread, systemic wrongdoing, as well as bad process. I think it will pique your interest […]
September 5, 2016
This week’s post is inspired by the taxman and the work of a Goldman Sachs alum. Even if the words inspiration and taxman are not words you expect to see in the same sentence, please read on, if only for your own inspiration. My consulting activity is run though my limited company. I am already […]
August 26, 2016
Keeping up this topic is a real challenge. I feel much like I did when Dodd-Frank, EMIR and Clearing were foisted on us; you think you have a grasp of things, when along comes some news and you start to question what you know. Here are my three observations for the week on the B […]