International Banker - Authoritative Analysis on International …
WEBSeptember 12, 2024. Many UK financial firms have incorporated artificial intelligence into their operations, but technology hasn’t finished with them yet. Quantum computing …. September 11, 2024. Artificial intelligence is gaining rapid acceptance in industries worldwide because of its productivity enhancements, and banking is no exception.
The Enron Scandal (2001) - International Banker
WEBSep 29, 2021 · The Enron Scandal (2001) Both of these buildings in downtown Houston, 1400 Smith Street and 1500 Louisiana Street, were formerly occupied by Enron. August 2021 marked the 20 th anniversary of arguably the most notorious corporate-accounting scandal of all time. It may not have been the biggest in dollar terms, or even the most severe in terms ...
The WorldCom Scandal (2002) - International Banker
WEBSep 29, 2021 · The WorldCom Scandal (2002) September 29, 2021. Coming hot on the heels of accounting scandals involving Enron and Tyco, both of which sent financial markets into tailspins, the fraud committed by WorldCom, one of the world’s biggest telecommunications companies, ended up dwarfing even those infamous crimes in terms of sheer numbers.
UnionBank’s Digital Revolution: On Course and Full Steam Ahead
WEBDec 20, 2018 · Three years ago, Union Bank of the Philippines reached the unprecedented decision to transform itself to be “digital to the core”. Most every bank is introducing digital innovations, but UnionBank’s all-out approach to digital transformation is setting an example that other banks will choose to follow. Throughout its onward march of progress, UnionBank has remained committed to its ...
BDO Unibank: Proving that Digitalisation Is the Best Path to …
WEBAug 31, 2020 · BDO Unibank has been the bank of choice for Filipinos for decades, rewarded for its dedication to satisfying customers’ needs with high rankings. The Philippines’ Enhanced Community Quarantine has tested BDO’s dedication to its stated values, but it has proven faithful to its CORE commitments to clients. Even in stressful times, BDO is on track to fulfil its vision of serving as many ...
Why Asset and Liability Management Should Be the Nerve Center …
WEBMarch 6, 2024. By Sean Coyne, Solutions Consulting Principal, Treasury & Capital Markets, Finastra. After being awash with liquidity over the last decade, 2023 proved to be a tumultuous year for banks. Banking failures on both sides of the Atlantic Ocean have renewed focus on asset and liability management (ALM), bringing an often-overlooked ...
The Dollar Still Dominates, but De-dollarization Is Unstoppable
WEBJan 2, 2024 · The United States enjoys a special advantage because of the preeminent status of its dollar as the world’s leading reserve currency and medium of exchange. Other countries are increasingly moving toward knocking the dollar off its throne through de-dollarization. The trend is unstoppable, but it’s unlikely the dollar will lose much of its authority any time soon.
How the Account Aggregator Framework in India Promises to …
WEBAug 29, 2023 · 892. By Kamal Misra, Senior Director and Head of Banking, Capgemini Invent India. T he Indian banking sector has witnessed a striking transformation in recent years thanks to technological advancements and regulatory reforms. The concept of “open banking”, which emphasizes data sharing and collaboration among financial institutions, has gained significant traction worldwide.
The Savings and Loan Crisis (1989) - International Banker
WEBSep 29, 2021 · The US savings and loan industry thrived over the 150 years following its inception in the 1830s, using depositors’ savings to fund homebuyers’ mortgages at lower costs than banks. The model unravelled in the ‘70s and ‘80s as high inflation and interest rates chipped away at S&Ls’ profitability, until some became bankrupt—even criminal.
Wealthtech: A Game Changer for Wealth Management
WEBJul 9, 2019 · Almost $17 billion has been raised by the global wealthtech sector during those five-plus years, at a recorded CAGR (compound annual growth rate) of 49.7 percent. More than 1,300 wealthtech transactions have been conducted in this time, with the average deal size swelling by almost four times, from …
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