Archive for September, 2009

Look back if you want to look forward

Thursday, September 24th, 2009

Ahead of the G20 meeting in Pittsburgh, USA, it is probably wise to look back at the mistakes that were made during the banking crisis last year before trying to beef up some of those nebulous 'commitments' that were made at the last such meeting in London in April to ...

One year on from Lehman’s collapse, Obama and the IPPR warn that lessons aren’t being learnt

Tuesday, September 15th, 2009

Exactly a year since the official collapse of Lehman Brothers on 15 September 2008, when it filed for bankruptcy signalling the start of a meltdown of the global financial system, US President Barack Obama has used the occasion to issue a stark warning to bankers not to ignore the lessons ...

Sibos 2009 show opens in Hong Kong

Monday, September 14th, 2009

Some of the world’s leading financial professionals will be meeting at the Sibos 2009 show in the port city of Hong Kong on 14-18 September to discuss the most important issues facing the industry today, not the least of which of course is how to prevent another crunch and understand ...

Potential delay to Oracle’s Sun deal caused by EU investigation

Friday, September 4th, 2009

The biggest technology merger of the year is under threat from an EU investigation into competition rules. The proposed $7.4 billion takeover of Sun Microsystems by Oracle, announced in April this year and approved by US regulators only last month, is now in doubt after the European Union said that ...

Deutsche Börse cuts latency and Bayerische goes green as exchanges look to future

Friday, September 4th, 2009

The demands of the future trading environment are being addressed by Deutsche Börse Systems who is installing a new ultra low latency infrastructure connecting the financial centres of London and Frankfurt to cater for algo trading, and Bayerische Börse AG, the operator of the Munich Stock Exchange, who is launching ...