The banking industry fears it is facing a potential disaster because of Year 2000 and EMU threats. In a report called Banking Banana Skins, the Centre for the Study of Financial Innovation (CSFI) claims banks are afraid that the two events will...
The global nature of business has increased risks arising from political instability. A project, for example, may be going according to budget and time but if there is no longer the demand for the technology to support that activity, it may be...
The FSA said it will continue to "monitor the preparedness" of financial institutions but does not want to be "too prescriptive about the nature of back-up systems" that firms use. The cross-jurisdictional nature of the technology makes it...
Indeed, silicon.com regularly speaks to the managing partner of a leading European VC fund, one which raised $100m just as sentiment towards start-ups bombed. As today's report points out: "It is not in the nature of venture capitalists to sit on...
In a statement, PwC UK banking advisory leader Andrew Gray said: "Despite market conditions, and a mortgage demand slowdown, building societies remain quietly confident in their ability to fund and manage their business.
By their very nature, financial markets encourage and reward individuals who profit from taking calculated risks on the movement of the markets. Straight-thru-processing (STP) allows an investment bank to process hundreds of thousands of equity...