There are proponents and opponents of centralising the regulation of the financial system, with some arguing that it should be managed by Central Banks. Regardless of your stance on the matter, the crux of the debate lies not in whether … [Read more]
Alliances in tough economic times
The financial market crisis has significantly weakened many banks and financial institutions, making it difficult for them to be highly innovative and take on excessive risk. In these circumstances, these institutions may consider alliances as an … [Read more]
Warning signs not enough for Regulators
Warning signs like the failure of Enron, Arthur Andersen and others that occurred during and after the dot.com boom in the late 1990's, were not internalised by banks or the financial market. Regulators took steps to prevent these conditions from … [Read more]
Regulation cannot be avoided by banks
Plain and simple, banks are important because they introduce efficiencies to the local as well as the global economy. Regulation and supervision of conduct has become an important component of doing business as a bank. Reasons why banks are … [Read more]
Positioning technology with risk management and compliance
On the one hand the fast evolving field of technology and on the other, risk management and compliance. How these functions are brought together and managed can create strategic advantages. The evolution of banking Looking back at banking in the … [Read more]
Bailout of Greece explained
Below is a video clip taking a lighthearted look at the bailout of Greece and just how crazy the steps taken by the Euro Countries have been. Billions of Euros have been spent in the bailout that the Euro Countries simply do not have (yet). Who … [Read more]