Citi’s $81 Trillion Near Miss!
Citi’s $81 Trillion Near Miss Citi has informed the regulators that it mistakenly credited a client’s account with $81 trillion as opposed to the correct amount of $280. The error…
Pisces Dismissed
Pisces Dismissed Venture capital and private equity leaders have dismissed the UK government’s idea for creating growth in private company shares are useless. The Private Intermittent Securities and Capital Exchange…
Focus on Culture Rather Than Capital
Focus on Culture Rather Than Capital It is clear that US, UK and probably EU banking regulators are about to dilute the Basel capital adequacy requirements as we strive for…
Apple Faces DEI Motion
Apple Faces DEI Activist Motion Tomorrow will see Apple oppose a motion filed by the National Center for Public Policy Research. The motion calls for Apple to drop its DEI…
Beyond Capital: Why Banking Stability Needs a Culture Shock
The global banking system has become markedly more resilient in the wake of the 2008 financial crisis, largely due to stricter capital adequacy requirements under Basel III. These reforms, designed…
Internal Audit & Politics
Internal Audit & Politics Should internal auditors have a political view. More importantly, should internal auditors express their political views? There comes a time when the answer has to be…
Rebalancing the Safety Net: UK Society and the Push for Growth
In the shadow of Netflix’s newly released Bank of Dave 2, a story that celebrates community resilience and ethical finance, the UK finds itself at a crossroads. While the film…
Trump 2.0
Trump 2.0 Today’s sees the inauguration of the 47th President of the United States of America. Donald J. Trump will complete his unlikely comeback – certainly a case study in…
Climate Change Shock
Climate Change Shock The Financial Stability Board has just published a report that concludes that climate change could lead to a broader panic in the financial system. The report concludes…
“Animal Spirit” Time
“Animal Spirit” Time The Financial Times this morning reflects on the positive statements issued by senior Wall Street bank executives as they ponder the Trump effect. All are clear that…