Bank & Financial

Magazine articles on banks, brokerages, and credit card companies.

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InternetNews February 28, 2005 Paul Shread	Bank's Tape Loss Puts Spotlight on Backup Practices Senators consider legislation after Bank of America's admission that the company lost data tapes containing federal workers' customer and account information.
OCC Bulletin February 28, 2005	Interagency Advisory The advisory reminds financial institutions of the confidential nature of an institution's report of examination, which includes the CAMELS or other supervisory rating, as well as other nonpublic supervisory information.
Wall Street & Technology February 27, 2005	Support Needed Financial institutions that want to boost their retail investment businesses need to provide better support to their reps and advisers, according to a recent study by Financial Insights.
Wall Street & Technology February 27, 2005	Security Is Top of Mind The financial services industry will see an increase in security professionalism this year, predicts Jonathan Gossels, president of SystemEXPERTS, a Sudbury, Mass.-based security consultancy.
Wall Street & Technology February 27, 2005 Jonathan Beyman	Dear CIO... The author is chief of operations and technology at Lehman Brothers, as well as an executive vice president. In addition, Beyman has served as the firm's CIO since 2000.
Wall Street & Technology February 27, 2005 Ivy Schmerken	Custom-Built With demand for personalized advice growing, financial-services firms are overhauling their technology to mass-produce separately managed accounts (SMAs) with a high degree of customization.
Wall Street & Technology February 27, 2005 Anthony Guerra	IT Portfolio Prowess A trend is emerging among large Wall Street firms in which chief information officers are managing their organizations' technology projects much like investment managers would handle their clients' portfolios.
Wall Street & Technology February 27, 2005 Maria Santos	Cashing In on Retirement Baby boomers will bring big business to investment management firms that focus on retirement income planning.
Wall Street & Technology February 27, 2005 Maria Santos	Making Monte Carlo Work The National Association of Securities Dealers (NASD) has lifted the ban on Monte Carlo simulation tools.
Wall Street & Technology February 27, 2005 Paul Allen	Hedge Fund Services Heat Up "In my view, prime brokers and [hedge] fund administrators will increasingly find themselves competing in the same space in terms of the services they can offer," says Rob Schultz, head of HSBC's alternative fund services for North America.
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