Archive for cybersecurity SmartBlogs
President Barack Obama traveled to the heart of Silicon Valley on Friday to lay out his vision for improved cybersecurity in a digital age that has seen high-profile cyberattacks make headlines in recent weeks. Joining leaders from various industries at the White House Summit on Cybersecurity and Consumer Protection at Stanford University, Obama stressed the importance of enhancing the public-private partnership already in its infant stages.[…] Continue Reading »
Welcome to Day 2 of SmartBrief’s roundup of financial news coming out of the World Economic Forum Annual Meeting in Davos, Switzerland. Scroll to the bottom of this post to watch a selection of Thursday’s panel discussions related to finance.
The Lady and the Gentleman: German Chancellor Angela Merkel might have been talking in Davos on Thursday, but everyone was listening to European Central Bank President Mario Draghi.[…] Continue Reading »
A roundup of financial news from Day Two of the Milken Institute Global Conference in Beverly Hills, Calif.
Trouble brewing in the credit markets?: “All the danger signs are there of a future crisis.” That is how Apollo Global Management co-founder Marc Rowan summed up his view of the credit markets during the Credit Markets: What’s Next?[…] Continue Reading »
A collection of stories from SmartBrief publications and around the web…
Stumbling Stress Tests: Now that the convoluted results of stress tests conducted by U.S. Federal Reserve are in, all eyes can shift to Europe as the European Central Bank and European Banking Authority prep for their own brand of testing. However, Mayra Rodríguez Valladares from MRV Associates is rather pointed in her skepticism of the Europeans’ methods: “Given banks’ enormous data collection and aggregation challenges and the fact that the stress tests are likely to rely on a risk-weighted asset framework where banks get to pick a lot of the risk drivers for the models, no one should hold their breath about the validity of those stress tests.”
Adding insult to injury: All those Bank of America shareholders who were angered by the actions of Ken Lewis during the firm’s takeover of Merrill Lynch have got to be smoldering yet again.[…] Continue Reading »