A Europe Update from our friend Sam Kassahun
“Failure is not a single, cataclysmic event. You don’t fail overnight. Instead, failure is a few errors in judgment, repeated every day.” – Jim Rohn (1930-2009) Much attention is consumed…
Read More Bad idea of the week – taxing seclending and repo
Do they still not get it? In a letter to the EU tax commissioner, France and Germany are pressing for a tax of 0.1% for shares and bonds and 0.01%…
Read More If SocGen sells Securities Services, who benefits?
Reuters reports that SocGen expects to sell assets in its asset management and specialized financial services divisions – ie, Securities Services – in order to raise 4 billion Euro to…
Read More "Margin Call", the movie is coming in October! Popcorn anyone?
Just when you thought it passe, another movie about Wall Street is coming your way in October — “Margin Call” staring Keven Stacey, Jeremy Irons, Stanley Tucci, Demi Moore and…
Read More Basel Committee's Walter dismisses reports of Liquidity Coverage Ratio (LCR) overhaul – Risk Magazine
The Basel Committee is working on criteria to decide what counts as a liquid asset, but secretary general says no decisions have yet been taken on how – or whether…
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