Kristin Moyer

Maureen O’Neil and Juergen Weiss here. Although the worldwide insurance markets have not yet been as severely impacted as the banking industry, it is already obvious that a new wave of regulation will wash over the industry.  This new wave of regulation will extend beyond Solvency II, Sarbanes-Oxley and the U.S. Health Insurance Portability and [...]

[Read more →]

Stessa Cohen here. The Phillies won the World Series of Baseball (yes, with only US teams) last night and since I live in Philadelphia, I am pretty darn excited. It’s the first time the city has won a championship in 25 years. One sportswriter points out that the championship came after 10,000 losses.
Does this post [...]

[Read more →]

Jay Wolstenholme here.  No matter who wins the upcoming U.S. election, get ready for more politically-driven decisions on regulations.
Recent actions on short selling were beyond economics – certainly not surprising. Why? Because Main Street sentiment wanted Congress to effect regulatory policy immediately. The voters demanded action from Congress regardless of whether or not the action [...]

[Read more →]

Stessa Cohen here.  The other day, I read somewhere (I think it was on Twitter, but who could find that post now?) that through the Credit Union Service Centers, credit unions offer their members the ability to download Credit Union Service Centers location data into their GPS devices.
Some banks have more branches than the 3,444 total [...]

[Read more →]

Kristin Moyer, David Furlonger, Peter Redshaw and Rick DeLotto here.  The US election is looming – 8 days and counting.  This week our blog will look at its impact on banking, IT and scenario planning.  Today, we look its impact on regulation in the banking sector.
It seems that the McCain focus is on harmonizing multiple agencies and [...]

[Read more →]

Jay Wolstenhome here.  The continuing decline and turmoil of investment banks and broker-dealers accelerates the democratization of capital markets and the bifurcation of the financial industry. The result will be consumer choice on the top level with commodity utility processing below.
On one side of the bifurcation, the inevitable shake-out of hedge funds along with the [...]

[Read more →]

David Furlonger and Keith Harrison here.  What value is there in money…?
The recent fall out in the financial markets has brought into glaring focus the value of underlying assets. Speculation using derivative contracts based on spurious values for and actuality of real assets has come undone, and the whole notion of ‘promise to pay’ etc. [...]

[Read more →]

David Furlonger here with my colleagues Rick DeLotto and Doug McKibben.
I really do want to pay more taxes – honest.  Being a British citizen living in Canada and having lived for 5 years in the US, I have the dubious pleasure of paying taxes in three countries and the simultaneous annoyance of not being able [...]

[Read more →]

Rick DeLotto here.  First, this is not an attempt to raise fear, uncertainty or doubt… reality is doing quite enough of that for all of us now. It is, though, time to cast a weary eyeball over some current events that have been buried by more vivid news.
There are a lot of people out there [...]

[Read more →]

Frank Schlier here.  Now may be a good time for large regional banks that didn’t get tied up in CDOs and other derivatives to tear out a page from Sun Tzu’s play book:
The smaller army can defeat the larger by attacking small pieces.
Case in point, I met with a large regional bank in Europe recently that [...]

[Read more →]