Tag Archives: Management

Best Practices Framework for Derivatives Business

 “The world of banking has changed radically as a consequence of the recent crises and it is still changing. The rise of the universal banking model seems almost unstoppable, basically driven by the desire for an accelerated consolidation....

Central Counter Parties have a greater role to play

This blog makes an attempt to cover the role of central counterparties in four parts as under: Part A– All about Central Counterparties Part B– Best practices framework for CCPs Part C – Some loud thinking on their future roles Part D...

Leadship in uncertain times

Leading through uncertainty can be as complex as four deaf and blind persons trying to explain how an elephant would look like by merely touching different parts of a wild elephant. I am also, placed in a similar environment. Despite this serious...

Financial Market Harmonization Through Financial Technology Application

The global financial industry is in the midst of unprecedented and challenging times. Changes in market conditions drive a very different economic climate which beckons the need to accelerate market harmonization in emerging countries. What...

OTC Derivatives’s Central Clearing – the focus

The introduction of legislation in the US and Europe to move settlement of some OTC derivative products through a Central Counter Party is the much talked about topic among leading bankers. The aim of this legislation is to bring in much needed...

Realignments in Investment Banking – Sell Side to Buy Side

Euro and Europe are going through challenging times. Stephen Hester, chief executive of Royal Bank of Scotland, has conceded for the first time that the state-backed lender could sell its investment banking division. Giving evidence to members...

Greediness faciliated by slack regulation leads to banks’ downfall

Jerome Kerviel former employee Societe Generate, the author of 4.9 billion Euros loss for the bank has claimed now that his superiors knew of his risky bets. (Source Ruadhan Mac Cormaic in Paris). He also claims his superiors turned a blind...

Financial technology players need to answer these

I am basically a banker now associated with a financial technology player. In my various roles, I have participated in discussions with leading banks and banker. Some questions get repeated in these discussions and I have attempted to list them...

Liquidity crises and technology responses

BIS Working Paper No.293 issued in November 2009 deals with the very interesting recent market happening – liquidity crisis. It also covers some ten propositions about liquidity crises. While going through the same, I was looking for ways...

An insight into swap execution facility

Swap Execution Facility is a new entity created by Dodd-Frank Wall Street Reform and Consumer Protection Act (in US). A swap is broadly defined to include most OTC derivatives. Rates swaps, currency swaps, equity swaps, credit default swaps...