Category Archives: Financial Services
5 Financial Stories You May Have Missed: The Senator and the Onion
This week: Elizabeth Warren, Lehman, stockbrokers, credit unions, embezzlement , hackers, and The Onion.
Continue reading →Could an Earthquake Cause the Next Financial Crisis?
On January 17, 1995, an earthquake struck the Japanese port city of Kobe, killing 6,500 people and destroying $100 billion worth of property and capital. Five weeks later, Barings Bank was declared insolvent after admitting losses of $1.3 billion, twice the …
Continue reading →5 Financial News Stories You May Have Missed: Clawbacks and Jelly
The stories that mattered in finance this week: clawbacks settlements, Libor, and jelly…
Continue reading →FINEX SURVEY: AIFMD Requirements Will Increase Operational Risks
A recent poll of financial institution insurers found that 65 percent believe that the Alternative Investment Fund Management Directive (AIFMD) will increase Alternative Asset Managers’ operational risks.
Continue reading →5 Financial News Stories You May Have Missed: TBTF, ISDA, AP and More
Here are news stories from the week that were easy to miss, but may have some lasting impact.
Continue reading →Financial Institutions of the World Unite: How Affiliated Groups Are Finding Savings in Purchasing Together
Great whites eat dolphins, unless of course, the dolphins get together with the other dolphins. There is power in working together with others of your species. Dolphins aren’t the only ones that have discovered that there is strength in numbers.
Continue reading →Google Glass: A Cure for Rogue Traders
If banks want to reduce risks associated with rogue traders, the answer is simple: Require all traders to wear Google Glass.
Continue reading →Lower Hedge Fund Return Expectations: Happy Investors, Happy Hedge Fund Insurers
The lower return expectations and feeling among investors that, on balance, hedge funds had performed as expected or better in 2012 should be positive news for those in the insurance industry covering the professional liability risks of hedge funds.
Continue reading →#SEC Likes Social Media After All
Last December, the U.S. Securities and Exchange Commission (SEC) took issue with a Chief Executive Officer after he used his Facebook page to provide an update on the company’s business activities. But that was months ago.
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