Global Business Network
It is often said that if the EU gave UK banks equivalence, life would be much easier for UK plc and its banking community. But that is not really true. There are more than 40 areas of potential equivalence. But they are very narrow, and sector and activity specific. So narrow and specific, in fact, … Read more
Barclays CEO Jes Staley  Author: Laura French March 3, 2021 In the early 1970s, NASA engineer Jack Nilles proposed telecommuting as an alternative to centralised office working. His vision was to reduce traffic, air pollution and energy consumption in city centres by establishing satellite offices, spreading the workforce more evenly across the country and heralding … Read more
Introduction Today I will discuss some recent developments in the foreign exchange market, and provide some views on the role of the Reserve Bank’s various policy measures. I will also briefly discuss a modest change to the way the Bank will be using foreign exchange swaps to manage our foreign exchange needs. A novel development … Read more
Simon Morris of ConsenSys on its efforts to spread the word about Ethereum blockchain technology to private and public banks. Source link
All the benefits of Digital + Print plus subscriptions to: The Banker Database is a service of the Financial Times, providing comprehensive financial data and insight for 5000 of the world’s leading banks, in more than 160 countries.Visit The Banker Database + A specialist service from the Financial Times, Global Risk Regulator provides insightful reporting … Read more
  Author: Jean-Marc Torre, Group Head and Senior Executive Vice President, Corporate and Commercial Banking, Bank of the West February 26, 2021 In 2020, businesses had to adapt swiftly through a precarious situation. We are now in a phase with a new set of requirements centred on resilience and a sustainable recovery. The lessons of … Read more
Introduction One year ago, I stood here and delivered the annual address to 300 guests. This year is different. This evening there are no guests physically present at the central bank. The contrast with last year could hardly be greater. The same also goes for the theme running through this evening’s speech – the Covid-19 … Read more
With references to the soon-to-be-phased-out benchmark across thousands of contracts, banks have enlisted artificial intelligence, machine learning and natural language processing to support the transition effort. Source link
With references to the soon-to-be-phased-out benchmark across thousands of contracts, banks have enlisted artificial intelligence, machine learning and natural language processing to support the transition effort. Source link
  Author: Alex Katsomitros, Finance correspondent February 22, 2021 For many years, Mauro Botta had been a successful partner at the accounting giant PricewaterhouseCoopers (PwC) in California, where he was responsible for auditing Silicon Valley firms. After witnessing many cases of dubious bookkeeping, he blew the whistle on his employer in 2012, alleging conflicts of … Read more