Tag Archives: Long

What needs to be done to arrest the falling Indian Rupee?

In every country prices are expressed in units of its currency. The value of the currency itself however can be judged only against an external reference. This reference, the exchange rate, thus becomes the fundamental price in any economy. Exchange...

Money Markets in United States of America

The term money market refers to the net work of corporations, financial institutions, investors and governments which deal with flow of short term capital. The money markets have expanded very vastly in the last two decades mainly on account...

Demystifying some elements of Pensions and Pension Plans

Pension is a regular payment made during a person’s retirement from an investment fund to which that person or their employer has contributed in the work life period of the person. Typically pension fund system has four basic characteristics...

Current trends in Structured Products markets

Structured products are customized to meet specific needs that cannot be met from the standard products available in the markets and a large number of them are derivative products. They are highly multifaceted and interlinked and hence carry...

Self Regulation is the Best Pill for all Ills of the Banking Industry

Volcker, Vicker or combined global regulations, one may aspire for any or many, but nothing will work when the banks themselves want to fail. Most of the banks during the recent crises behaved as if they were the masters of the market place...

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....

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...

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...