Blogger Archives: Richard Magrann-Wells

Richard Magrann-Wells

Richard is a Executive Vice President with Willis Towers Watson’s Financial Institutions Group based in Los Angeles. During his 25-year banking career, he has managed sales, trading and structuring teams for some of the biggest financial institutions. A regular contributor to American Banker newspaper and other publications, Richard writes about financial technologies ("FinTech"), financial crime, operational and executive risk.

5 Financial News Stories You May Have Missed: FIRREA Fires Back

5 Financial News Stories

This week: FIRREA , Liquidity Coverage Ratio, Basel III, Bitcoin, Elizabeth Warren, SEC, FDIC, Fannie Mae, Freddie Mac, and more. Continue reading →

FDIC Lawsuits Peak?

FDIC Lawsuits: 2010-2012

FDIC lawsuits are a lagging indicator.  That is to say, the number of FDIC actions against officers and directors of failed institutions will only peak long after the number of bank failures have already started to decline.  How much do … Continue reading →

5 Financial News Stories You May Have Missed: And a Cyber Honey Pot

5 Financial News Stories

Here are news stories from the week that were easy to miss, but may have some lasting impact. Continue reading →

5 Financial News Stories You May Have Missed: Lessons in Obfuscation

5 Financial News Stories

Here are news stories from the week that were easy to miss, but may have some lasting impact. Continue reading →

Banks’ Get-Out-Of-Jail Free Card

Open Jail

Large banks may be virtually immune from criminal prosecution. Continue reading →

5 Financial News Stories You May Have Missed: Ben Fed Up

5 Financial News Stories

Here are news stories from the week that were easy to miss, but may have some lasting impact. Continue reading →

Broker-Dealers Slammed with Tougher Custody Requirements

Stockpiling money

The SEC has instituted new reporting requirements for broker-dealers.* The rules are designed to strengthen audit requirements and give the regulator better insight into the way securities firms maintain custody of customers’ accounts. Broker-dealers will now be required to file … Continue reading →

Five Free Tools – Financial Websites You Might Not be Using

MarketWatch: Map of the Market

There are plenty of great websites with financial news and market data. Most people are familiar with Bloomberg.com, WSJ.com, MarketWatch.com and dozens of others. But finding additional online tools is always welcome. Continue reading →

5 Financial News Stories You May Have Missed: NYBOR?

5 Financial News Stories

Here are news stories from the week that were easy to miss, but may have some lasting impact. Continue reading →

5 Financial News Stories You May Have Missed: Fannie Freddie Foes Fight Back

5 Financial News Stories

Here are news stories from the week that were easy to miss, but may have some lasting impact. Continue reading →