investment banks in news
Credit crunch could drive banks to SaaS security
News The credit crunch could drive banks and businesses to get their security from the cloud.silicon.com Financial Services Investment bank Rothschild uses software-as-a-service (SaaS) company ScanSafe for... [10 Nov 2008]
Barclays Capital raises interest in online trading
News The platform is also designed to allow banks to quickly roll out new trading products and services, as well as grow with any increase in customer demand. Barclays Capital, the investment banking division... [20 Oct 2008]
When CIOs tighten their belts, what feels the squeeze?
News While most of the recent headlines have focused on the impact of the credit crunch on investment banks, the repercussions are already being felt more widely, he told silicon.com. It's not just the... [02 Oct 2008]
Turquoise outsources testing blues
News The exchange, which is owned by investment banks, was built in eight months, according to Turquoise CTO Yann L'Huillier. Multilateral trading exchange Turquoise has completed its systems testing by... [25 Sep 2008]
IT demand is weakening, warns Dell
News When you see these failures on Wall Street and the concerns that people have about banks, I think it does cause people to pull back a little on their spending. The company is seeing further softening in global end-user... [17 Sep 2008]
Turquoise trading platform begins to settle
News The cash equity trading platform aims to offer cheaper trading for banks and brokerages than incumbent exchanges. Colt Telecom said it has connected 10 large banks and market data customers to the platform. [19 Aug 2008]
Mobile broadband ushers in Blue day
News The real ace in the hole though is a deal with BlackBerry to co-market the service to brokers and banks. Blue Mobile's real focus is not so much established financial hubs like the city of London but the emerging... [03 Jun 2008]
Faster payments ends wait for bank clearance
News According to analysts, because of the tradition of free banking services and the consumer desire for greater transparency, faster payments services will most likely be offered free to consumers, leaving banks with little... [27 May 2008]
MiFID compliance warning
News MiFID - the Markets in Financial Instruments Directive - came into force on 1 November 2007 and is Europe's effort to improve the way investment banks do business across the continent.... [13 Mar 2008]
Profile: Nandan Nilekani, co-chairman, Infosys
News As well as European banks consolidating their infrastructure, there is also a distinct demographic shift. Finacle 10 is the latest version of Infosys' one-stop-shop core business suite for large and global... [03 Mar 2008]
Banks lay off IT staff as big tech projects get the chop
News The latest quarterly report by executive recruitment company Heidrick & Struggles found a number of major investment banks have reduced IT staff, with cuts ranging from five to 20 per cent and spread... [22 Feb 2008]
Web 2.0 security risks being ignored
News He said: "Banks will have to make sure they haven't lost complete control over the integrity of their data if they use web 2.0. Externally, banks are responding to customer demands that their... [31 Jan 2008]
HSBC rolls out free convenience store ATMs
News HSBC explained that in order for customers to use other banks' ATMs, the banks charge each other an interchange fee, which generally cancels out all usage charges. A spokesman for HSBC said: "We will be... [22 Jan 2008]
2008: Crunch time for IT jobs?
News Julia Bosworth, a manager on the contract staff side of the business for recruitment company Project Partners, which specialises in finding IT staff for the FS sector, said while demand for contract staff has been high some of the big... [10 Jan 2008]
Second Life clamps down on virtual banks
News Unrecognised 'banks' will no longer be able to offer interest or direct return on investment on Second Life's own currency, Linden dollars. Virtual world Second Life is banning unregulated... [10 Jan 2008]
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