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Category: Activity


Activity, Regulations, Trading

Instant trade reconstruction is a challenge!

February 16, 2018

Via: Finextra

In regulated environments it’s imperative to invest now to future proof your business – the requirement for transaction reconstruction is not trivial and we suggest a systematic & proactive approach is superior to an ‘as and when’ attitude. Currently, trade […]


Activity, Investment banking

Citi and PNC invest in B2B payments outfit HighRadius

February 15, 2018

Via: Finextra

Citi Ventures and PNC have made strategic investments in business-to-business payments and receivables software provider HighRadius. Terms were not disclosed. HighRadius operates in an area where banks and enterprises recognise that receivables management has to address the 50% of B2B […]


Activity, Investment banking

Top U.S. Banks Are Investing Most in Personal Finance Fintechs

February 13, 2018

Via: Bank Innovation

For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks have not been investing as much in these areas as much as one might have thought. The top areas of interest for the major U.S. banks when […]


Activity, Capital and risk, Macroeconomic, Trading

We must stop this out-of-control trading or the US capitalist system will break down

February 12, 2018

Via: CNBC

Real harm is being done by out-of control trading. Market volatility is an outrage for Americans who have trillions of their dollars in 401(k) and other retirement and savings plans. Market volatility is an outrage for companies that hope someday […]


Activity, Regulations, Trading

SEC and CFTC Have Optimistic Outlook on Cryptocurrency and ICOs [VIDEO]

February 7, 2018

Via: Bank Innovation

EXCLUSIVE -The chairs of Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), John Clayton and J. Christopher Giancarlo respectively testified before the Senate Banking Committee yesterday on their regulatory ideas and concerns on cryptocurrency. Surprisingly, the sentiment […]


Activity, Corporate banking

US asset managers shake up equity research as banks shrink their budgets

February 5, 2018

Via: CNBC

As new rules spur Wall Street banks to further shrink their research budgets, U.S. asset management firms are shoring up in-house research, and reinventing the stockpicking business in the process. Fund managers are eschewing the traditional model of teams built […]


Activity, Capital and risk, Macroeconomic, Trading

Fed will be forced to raise rates more rapidly than expected because of accelerating economy, survey says

January 30, 2018

Via: CNBC

Wall Street is looking for more economic growth this year, boosted by recently adopted tax cuts, but also more interest rate hikes from the Federal Reserve. Respondents to the CNBC Fed Survey expect gross domestic product to rise 2.9 percent […]


Activity, Trading

Cryptocurrencies: Is Your Compliance Team Ready to Monitor the New Wave of Trading?

January 26, 2018

Via: Finextra

So what is Bitcoin anyway? For those unfamiliar with Bitcoin, here’s a brief primer. Created in 2009 by an unidentified software developer and inventor who goes by the pseudonym of Satoshi Nakamoto, Bitcoin is a form of digital currency that’s […]


Activity, Capital and risk, Investment banking, Macroeconomic

Treasury yields climb after U.S. economy posts solid fourth-quarter growth numbers

January 26, 2018

Via: Market Watch

Treasury yields on Friday rose, as investors sold government paper, after a solid reading of U.S. gross domestic product for the fourth quarter. How are Treasurys performing? The yield on the benchmark 10-year Treasury note TMUBMUSD10Y, +1.60% rose 2.6 basis […]


Activity, Corporate banking

Wells Fargo Expands Middle Market Banking to El Paso

January 22, 2018

Via: ABF Journal

Wells Fargo chose El Paso, TX as home for a new Middle Market Banking office. Vanessa Barreda-Ramirez was promoted to lead the West Texas location, advancing the bank’s community-based approach to serving privately held, middle-market companies with revenues of $20 […]