Banking in Brief
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Our archives on JPMorgan
SIBOS 2012 emphasises community theme
Date: Nov 09, 2012Bankers from around the world gather to discuss the challenges and opportunities of tomorrow at SIBOS 2012.
Author: Foo Boon Ping
Categories: Innovation, Operational Risk & Security, Regulation, Risk and Regulation, Technology & Operations, Trade Finance, Transaction Banking
Keywords: SIBOS 2012, SWIFT, RBS, JPMorgan, Kasikornbank, Deutsche Bank, ANZ, TS2, Omgeo, DTCC, SAP, Misys, SunGard, Fiserv, Logica
Is Asia ready to participate in P2P lending and payments?
Date: Nov 08, 2012Although P2P transactions are gaining traction in the UK and US, Asian P2P businesses are still in a nascent stage.
Author: Durva Lakhlani
Categories: Innovation, Payments, Retail Banking, Technology & Operations
Keywords: P2P Lending, Lending Club, Zopa, Prosper, Funding Circle, Paypal, Visa, SEC, Peer to Peer Finance Association, P2P Payments, JPMorgan, Wells Fargo, BofA, clearXchange, Popmoney, Citigroup
Africa’s rapid growth offers banks opportunities in both transaction and retail banking
Date: Nov 06, 2012Emergence of “megacities” across Africa and rapid growth within the continent expected to bring about myriad of opportunities for banks in trade finance and mobile banking.
Author: Baron Laudermilk
Categories: China, Core Banking, Industry Outlook, Mobile Banking, Retail Banking, Rmb, Technology & Operations, Trade Finance, Transaction Banking
Keywords: Standard Bank, Simon Freemantle, Rajesh Mehta, Citibank, JPMorgan, Barclays, Wizzit Bank, Bank of Athens, Misys, IBM
Data and analytics are increasingly shaping financial services landscape
Date: Oct 29, 2012Emmanuel Daniel, President and CEO of The Asian Banker, discusses the evolution of the banking industry, the importance of having a comprehensive data information structure and the role of a CMO.
Author: Emmanuel Daniel
Categories: Data & Analytics, Data Management, FSI Customer Relationship Management
Keywords: Emmanuel Daniel, The Asian Banker, DataWorld 2012, JPMorgan, Trading Data, Customer Data, City Group, Institutional Information Structure, Data Warehouse, Data Mart, Predictive Analytics, CRO, CMO
US banks must heighten defences against cyber threats
Date: Sep 27, 2012FS-ISAC raises cyber threat level as BofA, JPMorgan, and Wells Fargo experience recent network disruption linked to cyber-attack claims in the US.
Author: Magessan Raj
Categories: Data & Analytics, Operational Risk & Security, Risk & Performance, Technology & Operations
Keywords: Wells Fargo, BofA, JPMorgan, CrowdStrike, Dmitri Alperovitch, NYSE, Joseph Lieberman, FS-ISAC, DDoS
CFTC’s proposed OTC reform could result in additional risk and costs for markets
Date: Sep 04, 2012Australian, Hong Kong and Singaporean regulatory bodies urge the CFTC to carry out further collaborations with foreign counterparts before finalising application of US derivatives regulations overseas.
Author: Magessan Raj
Categories: Markets & Exchanges, Regulation, Risk and Regulation, Trading & Data
Keywords: CFTC, SFC, ASIC, HKMA, MAS, RBA, Dodd-Frank, Gary Gensler, JPMorgan, Volcker Rule
Transaction banking satisfaction survey 2012
Date: Aug 23, 2012To stay ahead of the competition, banks will need to further differentiate and focus on payment accuracy, real-time payment advice and treatment of cancellations and recalls for currency clearing.
Author: Levina Lim
Categories: Cash, Treasury & Trade, Rmb, Trade Finance, Transaction Banking
Keywords: BNY Mellon, Standard Chartered Bank, Deutsche Bank, Citibank, BNY Mellon, JPMorgan, Wells Fargo, Bank of China, ICBC, Hang Seng Bank, Payment Accuracy, Currency Optimisation, Currency Clearing
With 8.1% YoY continual asset growth in Q2 2012, are Asian banks in danger of becoming “too big to fail”?
Date: Aug 03, 2012Despite Asian banks' aggressive expansion in regions of high growth, conflicts of interest between commercial and investment banking arms could spell disaster in the long run.
Author: Doron Foo
Categories: Capital & Strategic Issues, Databook, Risk and Regulation
Keywords: Glass–Steagall Act, JPMorgan, Barclays, LIBOR, Proprietary Trading, Dodd-Frank, Volcker Rule, Consumer Protection Act, CIMB, Tier-1 CAR, Loan to Deposit Ratio, PIIGS, Canada, US, EU, Jimmy Koh
US’ biggest banks unlikely to be dismantled despite calls for reform
Date: Aug 01, 2012Sandy Weill does an about-turn and joins advocates favouring the splitting-up of US’ largest banks in calling for far deeper changes among major banks to ensure past mistakes are not repeated.
Author: Magessan Raj
Categories: Regulation, Risk and Regulation
Keywords: Sandy Weill, Citigroup, JPMorgan, Jamie Dimon, Bank of America, Glass-Steagal Act, Federal Deposit Insurance Corporation, Thomas Hoenig, American Bankers Association, Frank Keating, US Treasury, Tim Geithner, Dodd-Frank Act