via CXO: To make a customer’s banking journey smooth, banks need to start giving access to digital services across multiple touch points. By – Malavika Kumar, Business Growth Consultant, Aspire Systems Even though the words omni-channel and digital in the Indian Banking system have now become cliché, banks really do not …
Read More »Failing Financial System is Flirting with Disaster Again
via Independent : A recent conversation with a Wall Streeter who is worried about bad things happening in financial markets got me thinking about bubbles and, more particularly, how to measure them. By coincidence the conversation took place almost a decade to the day since the first rumblings of the financial …
Read More »Carney says global financial system at risk of ‘reform fatigue’
Via Financial Post : Mark Carney, head of the Financial Stability Board, warned against giving in to “reform fatigue” a decade after the financial crisis, and called on the Group of 20 nations to strengthen regulatory co-operation. Leaving crucial standards incomplete “could erode our willingness to rely on each other’s systems …
Read More »UK banks receive first report cards from Banking Standards Board
Via The Guardian : Assessments sent to Barclays, HSBC, Lloyds, RBS, Santander, Standard Chartered, Nationwide, Metro, Citi and Morgan Stanley Britain’s major banks have received their first report cards from the body set up to improve standards and bolster the industry’s reputation in the wake of the Libor-rigging crisis. Dame Colette …
Read More »Can DBS Make Banking Joyful?
Via Forbes : “When one of our guys came up with the idea that our purpose should be to make banking joyful, I nearly threw him out of the room,” said Piyush Gupta, CEO of DBS Group, who runs Singapore and Southeast Asia’s largest bank. Gupta was describing the bank’s transformational …
Read More »Reinventing Banking
Via Global Research : Reinventing Banking: From Russia to Iceland to Ecuador Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself. Among other interesting news items: In Russia, vulnerability to Western sanctions has led to proposals for a …
Read More »Sizing up the Asia Pacific’s booming alternative finance sector
Via The Conversation : If digital disruptors like crowd-sourced equity funding and peer-to-peer lending platforms are going to transform the finance sector, they need to be regulated. If they are going to create permanent positive change, they need to be regulated intelligently. But so far, the ability of regulators and industry …
Read More »Global investment banking – slowest quarter for fees since 2011
Via HITC Business : Global Investment Banking Fees Total US$64.5 billion; Slowest Quarter for IB Fees since 2011; America Fees Down 1%; Europe Falls 25% Fees for global Investment Banking services, from M&A advisory to capital markets underwriting, totaled US$64.5 billion during the first nine months of 2015, a 10% decrease …
Read More »Understanding China’s Financial System
Via YouTube : China’s financial system… how does it work, what does an outsider need to know and what does the future hold? In this overview, Stanford Graduate School of Business Professor Darrell Duffie offers valuable insights for anyone interested in learning what makes one of the world’s largest economies tick. …
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