Tag Archives: Regulators

It is wrong to attribute financial crises to innovation

Blaming the financial innovation for the recent financial crises was the least thing I expected from a person none other than Lord Turner, Chairman of the Financial Services Authority of the UK. (Financial Times 16th Feb 2010) In his speech...

GenNex Public Banking System in USA

The thought for this post occurred thanks to the article on “Economic struggles spur calls for consideration of public banking” by Tracy Loew in ‘USA Today’ recently. More and more states in the USA are joining the bandwagon and are...

Hedge Funds Demystified

What are Hedge Funds? Investment pools, mainly for rich individuals and large institutions that can take risks as they play both sides of various stock, bond, or currency markets. Loosely regulated private pools of investment capital that can...

Investment banking and revenue pressures – ways to go

Setting: One of the purposes of any business is to make money. And banking is no exception to this cardinal objective of any business. Normally the bank’s income portfolio comprises fund based income and fee based income. Fund based income...

Enhance the Quality of Financial Regulation – the Need of the Hour.

The purpose of any regulation is for solving problems that stakeholder or business alone cannot solve, as well as for making trade-offs among different objectives. Year 2008 will definitely go down in the history as the year of the greatest...

SDRs – Emerging Intermediaries in US Financial Markets

Clarification: For the purpose of this discussion, SDRs are not Special Drawing Rights. They are Swap Data Repositories. Swap Data Repository, a Financial Markets Intermediary, is an entity that will be expected to maintain a centralized electronic...

The Art and Science of Securing Securities Lending Business

Securities Lending is an OTC market business practice that involves borrowing and lending of securities mainly for the purpose of covering short-sale positions. Sometimes, it is also be used for derivative hedges and dividend arbitrage across...