Archive for FederalReserve SmartBlogs

Collaboration between the financial services industry and government entities has increased in response to rapidly evolving cybersecurity threats, but both sides agree there is room for improvement. Experts at the SmartBrief Cybersecurity Forum in New York City on Tuesday identified increased information sharing and the enactment of legislation already making the rounds on Capitol Hill as two ways to enhance the security of today’s financial markets.[…] Continue Reading »

Operational risk management was on the minds of many attendees at the 42nd Annual SIFMA Operations Conference and Exhibition, held earlier this month in San Diego. Financial services firms have vastly improved their internal operational risk protocols, but one area set to attract increased scrutiny in the coming year is vendor risk management.

“You can outsource work, but you can’t outsource responsibility,” explained Thomas Ferlazzo, vice president of financial markets infrastructure at the Federal Reserve Bank of New York.[…] Continue Reading »

A roundup of financial news from Day One of the Milken Institute Global Conference in Beverly Hills, Calif.

Central banks still run the show: The past, present and future actions of the world’s central banks drew scrutiny during a panel about prospects for the global economy. Alan Howard, co-founder of Brevan Howard, said the increased regulatory powers of the European Central Bank will be a game-changer as will the size and targeting of the quantitative easing he expects the ECB to manage.[…] Continue Reading »

A roundup of all the best financial news and analysis from Days 3 and 4 of the World Economic Forum Annual Meeting in Davos, Switzerland.

Central bankers tout improved financial regulatory oversight: Featuring the leaders of the Bank of Japan, Bank of England, European Central Bank and International Monetary Fund, the “Global Economic Outlook 2014″ panel was the power session from Friday’s agenda.[…] Continue Reading »

Bluford (Blu) Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. Ahead of the Global Financial Leadership Conference, which takes place Nov. 18-20, Mr. Putnam shares his insight about the global economy and the Federal Reserve’s quantitative easing program. He also offers a forecast for global commodities in 2014.

1. What does the forecast look like for the U.S.[…] Continue Reading »