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Is Asia ready to participate in P2P lending and payments?
Date: Nov 08, 2012
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
Although P2P transactions are gaining traction in the UK and US, Asian P2P businesses are still in a nascent stage.
US banks must heighten defences against cyber threats
Date: Sep 27, 2012
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
FS-ISAC raises cyber threat level as BofA, JPMorgan, and Wells Fargo experience recent network disruption linked to cyber-attack claims in the US.
Transaction banking satisfaction survey 2012
Date: Aug 23, 2012
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
To 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.
Interview transcript: Dick Kovacevich, chairman emeritus of Wells Fargo, 16th April 2012, Part 1 of 4
Date: May 25, 2012
Author: Asian Banker Editorial
Categories: Operational Risk, Regulation, Risk and Regulation, Risk Management
Keywords: Wells Fargo, Dick Kovacevich, Risk Management, Sub-Prime Mortgages, Originations, Volcker Rule, Proprietary Trading, OCC
In an exclusive video interview, Dick Kovacevich, chairman emeritus of Wells Fargo, discusses risky sub-prime mortgages, discipline in risk management, and the impact of regulatory costs on financial services.
Interview transcript: Dick Kovacevich, chairman emeritus of Wells Fargo, 16th April 2012, Part 2 of 4
Date: May 25, 2012
Author: Asian Banker Editorial
Categories: Operational Risk, Regulation, Risk and Regulation, Risk Management
Keywords: Wells Fargo, Dick Kovacevich, Risk Diversification, Macro-Economic Forces, Cross Selling, Retailing, Walmart, Product Origination, Customer-Centric
In an exclusive video interview, Dick Kovacevich, chairman emeritus of Wells Fargo, discusses the diversification of risk, the secret to successful cross-selling, and implementing a superior business model.
Interview transcript: Dick Kovacevich, chairman emeritus of Wells Fargo, 16th April 2012, Part 3 of 4
Date: May 25, 2012
Author: Asian Banker Editorial
Categories: Operational Risk, Regulation, Risk and Regulation, Risk Management
Keywords: Wells Fargo, Dick Kovacevich, Financial Services Business, Geographic Diversity, S&L crisis, Risk Diversification, Operational Complexity, Commercial Banking, International Banking
In an exclusive video interview, Dick Kovacevich, chairman emeritus of Wells Fargo, discusses the misconception of “large is bad, large is risky”, the disadvantages of concentration, and Wells Fargo’s operational complexity.
Interview transcript: Dick Kovacevich, chairman emeritus of Wells Fargo, 16th April 2012, Part 4 of 4
Date: May 25, 2012
Author: Asian Banker Editorial
Categories: Operational Risk, Regulation, Risk and Regulation, Risk Management
Keywords: Wells Fargo, Dick Kovacevich, Dodd-Frank Bill, Regulatory Concentration, FRB, Asia, Free Enterprise System
In an exclusive video interview, Dick Kovacevich, chairman emeritus of Wells Fargo, discusses increased regulation in the banking sector, the state of affairs in the US, and his fears for the future.
The Asian Banker Summit 2012: Trust as a pillar of the industry
Date: May 16, 2012
Author: Levina Lim
Categories: Asian Banker Summit 2012, Innovation, Regulation, Risk and Regulation, Rmb, Technology & Operations
Keywords: Dick Kovacevich, Wells Fargo, Prasarn Trairatvorakul, Bank of Thailand, Chartsiri Sophonpanich, Thai Bankers' Association, Paul Jameson, CISCO, Liu Ming Kang, CBRC, Colin Lawrence, FSA UK, Fang Du, RBS, Li Shu Pui, HKMA, Gil Gadot, Fundtech, SWIFT
The 2012 Asian Banker Summit in CentralWorld Bangkok witnessed leaders of financial institutions globally engaging in stimulating discussions on central issues faced in financial services today.
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