Archive for gilliantett SmartBlogs
Welcome to Day 3 of SmartBrief’s roundup of financial news coming out of the World Economic Forum’s Annual Meeting in Davos, Switzerland.
Blankfein on the reality of regulation: Goldman Sachs chairman and CEO Lloyd Blankfein told CNBC his firm is always thinking about regulation and how it affects things like technology acquisition. On whether banks are under regulatory assault, Blankfien responded, “No choice, no problem.[…] Continue Reading »
How do you say “Bear Stearns” in Chinese?: Headlines about the credit markets in China certainly feel like a “Bear Stearns moment” is not too far away. China expert Charlene Chu sat down with The Telegraph and discussed why that may or may not happen. “Whether or not a single trust product like this [the ICBC trust] would be the start of the unravelling is much harder to tell, because you’ve got such an interventionist government in China.[…] Continue Reading »
A roundup of all the best financial news and analysis from Day 2 of the World Economic Forum Annual Meeting in Davos, Switzerland.
Global bank capitalization much improved since crisis: Despite talk that little has changed, banks’ capital positions are much better than they were before the financial crisis, Bank for International Settlements General Manager Jaime Caruana said on CNBC.[…] Continue Reading »
News and analyses worth a read this weekend …
A former software engineer wrote in The New York Times about how algorithmic-trading firms could learn a thing or two from credit card companies about merging human intelligence with artificial intelligence to avoid the next Knight Capital Group debacle.