Piper Jaffray Companies, an investment bank and asset management firm, is making a “full-scale entry into the financial services sector” via a financial institutions group (FIG) that will include partners in sales and trading, equity research, fixed income and investment banking — all focused exclusively on financials coverage, officials say. “We remain focused on significantly… Read More >>
FTF Premier Special Report: Alice Corp. v. CLS Bank
The Alice Corp. v. CLS Bank battle went all the way to the U.S. Supreme Court and had major ramifications for financial services firms that rely heavily on third-party software, services and infrastructure technologies. In this in-depth report, FTF News focuses on twists and turns of a legal action that caught the attention of heavy… Read More >>
Responding to the Cyber-Crime Monster
As financial services firms contemplate their responses to the growing cyber-security threat, it’s clear they can’t take on this monster alone. The problem requires a global response to show perpetrators that the industry is seriously taking on cyber-crime. On an individual level, banks such as JP Morgan, Citigroup, Bank of America Merrill Lynch and the… Read More >>
Harmonizing Social Media Surveillance
As more trading firms ramp up their usage of social media, they will have to become more adept at addressing the operational issues behind the surveillance of this dynamic realm, say officials at Raymond James Financial, which is this week implementing Hearsay Social’s platform for more than 2,000 financial advisors.The first step in dealing with… Read More >>
The Trust Issue
Financial services firms in the U.S. and Europe have taken several hits when it comes to trust as revealed via public relations giant Edelman’s 2013 Trust Barometer. Recent scandals have turned the tide in favor of BRIC and Asia-Pacific firms, according to the Edelman survey. But these far-flung venues may not be the safe havens… Read More >>
Tearing Down the Culture of Secrecy
I had a mini-revelation about the financial services industry and its ongoing melodrama over transparency and data standards during a panel discussion at the19th ISITC Annual Industry Forum and Vendor Show in Boston this week. Essentially, is this industry doomed to never getting transparency right? My train of thought was sparked by economist Allan Mendelowitz,… Read More >>
