Category Archives: Global Banking

Ina Drew’s London Whale

If you consider the differences between knowledge and wisdom… you begin to see that one gets you through the day/hour, while the other gets you through life/the situation. Wisdom always adds the benefit of context drawn from experience.  I was … Continue reading

Posted in Articles, Consultancy Matters, Global Banking, Leadership, Learning and Development, Risk Management, Risk Training |

When will they learn to put customers first?

Excerpt from Mark Seider’s article on InvestmentNews, “The Regulatory Tightrope” – “What is needed is forward-looking regulation that can level the playing field between Wall Street and Main Street, create appropriate incentive structures and penalty functions, and protect people from … Continue reading

Posted in Financial crisis, Global Banking, Risk Management |

Pride comes before a fall

Wall Street will never stop springing these surprises so long as : 1) Global bank regulation allows it. 2) Management of banks believe it will never happen to them. 3) Training of bank staff in risk management is universal and … Continue reading

Posted in Articles, Consultancy Matters, Financial crisis, Global Banking, Leadership, Risk Management |

Is regulation pushing compliance into risk? A response to Rachel Wolcott’s article

In the fast changing world of bank regulation right now, Rachel Wolcott has picked up on a very important and topical debate with her article in the Financial Regulatory Forum, “Time to merge risk management and compliance?”. Indeed, non-compliance with … Continue reading

Posted in Articles, Consultancy Matters, Global Banking, Leadership, Risk Management, Uncategorized |

Greed Culture at Goldman Sachs

The article linked below from the NY Times today further reinforces a lot of the recent discussion we are hearing on the culture of many banks over the last decade or so, and how they internally score their goals: Greed – … Continue reading

Posted in Financial crisis, Global Banking, Leadership, Learning and Development | Tagged , , , , , |