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Near Heart Attack on Blogosphere!

By Marc DeCastro – 12 Comments

An interesting story developed recently on a blog post and survey that I posted. No names will be shared and all evidence has been removed, but it poses a very interesting and serious question that warrants feedback and another survey request on social networking iteslf.


With the EU announcing their considered thoughts on the future of regulation it is becoming clear that Financial institutions will be hit with a rapid succession of variety regulations that have the ability to significantly alter the banking landscape for years to come. Three distinct waves of regulation are gathering pace as the fallout from the financial crisis has galvanised politicians to spur regulators into action to show the public previous behaviour was unacceptable. This appeasement strategy and th

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Can't Blame This One On The Small Banks

By Marc DeCastro

As I continue to see the big banks and the small banks go after each other about who should pay a larger premium to the FDIC, I thought of a poll question. Feel free to take the LinkedIn poll, and leave your comments here, but so far there are some pretty interesting trends. The question: Who in your opinion is responsible for STARTING the US financial crisis? The results (so far): 1st: Large Banks 2nd: Government Policy 3rd: Investment Firms 4th: Consumer Behavior 5th: Small Banks (no votes)

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The FDIC has had now three approaches to address the growing need to help increase the ever dwindling reserve insurance fund which has been busy recently bailing out failed institutions. The latest FDIC approach will present a bill to banks based on assets, not deposits. The concern was that a deposit approach would unfairly penalize the smaller institutions, while this proposal seems to put more of the burden on the larger institutions. To be fair, the entire assessment is on assets minus tier 1 capital, w

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One benefit of the financial crisis is a renewed interest in corporate treasury - both from banks and their corporate customers. To increase visibility into cash flows, improve efficiency, and increase controls, businesses are investing in financial management tools. Corporate treasurers now have wallets with cash in them, and they are investing in new technologies - but in this case it doesn't mean bank IT spending on treasury services (including cash management) will also rise.  


When Timothy Geithner, Ben Bernake or Sheila Barr speak, everyone in the world listens.  Meanwhile, while Julie Dickson -- head regulator of federally regulated Canadian financial institutions speaks -- you have to really dig to find it.  Both Canadian and global financial institutions should be paying more attention.

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A report today on Bloomberg states that first quarter results for AIG have improved from the fourth quarter loss of $61.7 billion and may be sufficient enough to not require additional capital from the goverment.


Earlier this evening Treasury Secretary, Timothy Geithner, proposed a framework to bring more stringent regulation the OTC derivatives market. The goal of this proposed framework is to reduce the risk, market abuse and improper marketing to unsophisticated parties, while increasing transparency for OTC derivatives; credit default swaps and the like. To achieve these results there are several primary objectives: All standardized OTC derivatives must be exchange traded and cleared There will be greater dealer

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What if Steve Jobs Opened a Bank?

By David Potterton – 2 Comments

Within financial services, there are many technologies and access methods brought to bear to win the hearts, minds and wallets of consumers.  Current hot topics include Web 2.0 technologies, the opportunities (and threats) of social networking, and mobile banking.  Adding complexity to this discussion are the number of channels such as branch, mobile, internet, and ATM which more often than not seem siloed rather than strategic parts of an overall plan.  Finally add to this a tepid (at best)

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The Importance of Video Delivery

By Marc DeCastro – 2 Comments

People retain a higher percentage of understanding when they are able to both see and hear an individual speak. Let's face it, as travel becomes more restricted and virtual becomes more accepted, the growth of delivering video content on the web will only continue to grow expodentially.

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