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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 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 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 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…

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…

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 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 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…

City Minister Quits The UK’s City Minister, Tulip Siddiq, has resigned her position. She has been named in two corruption probes and linked to properties that may have been acquired…

Reeves Presses Growth Button UK Chancellor, Rachel Reeves, will call in a number of regulators on Thursday to assess how well they are doing in taking steps to remove red…