(Editor’s note: This is the second part (click here for part one) of an interview with Susan M. Vismor, head of global business continuity for BNY Mellon. This section of the Q&A focuses on the management and best practices issues that were tested by Hurricane Sandy, which devastated the East Coast and the Northeast of… Read More >>
How Hurricane Sandy Put BNY’s Business Continuity to the Test
(Editor’s note: Hurricane Sandy devastated the East Coast and the Northeast of the U.S., among other regions, three years ago. According to current tallies, 233 people in eight countries died as a result of the hurricane’s destructive path, which caused $75 billion in damage. For Wall Street firms, the hurricane was a test of their… Read More >>
2012 in Review: Finally, A Year of Progress
How do you categorize a year as volatile as 2012? For starters, it was finally a Year of Progress as the industry mulled the issues and moved forward. To make my case, I have picked the top FTF News story trends from the year that was. We have also listed the top stories based upon… Read More >>
Are Obama and Christie a Model for Bipartisanship?
I am cautiously optimistic about the bipartisanship of New Jersey Gov. Chris Christie and President Obama as they combine forces to help the Garden State recover from Hurricane Sandy. Could it be a model for Congress and the White House to work together on fiscal matters and financial regulation—even if it only lasts for the… Read More >>
Update on Hurricane Sandy and Wall Street
NYSE Euronext, the NASDAQ Stock Market and all other U.S. markets for equities, bonds, options and derivatives will stay closed for Tuesday, Oct. 30, because of the impacts of Hurricane Sandy, a storm estimated to affect 50 million Americans across eight states, including New York. “Sandy has transitioned from a tropical to a post-tropical, or… Read More >>
Hurricane Sandy Halts U.S. Equity & Options Trading for Monday
Hurricane Sandy has closed all equity and options exchange trading in the U.S. for Monday, Oct. 29 as the massive, life-threatening storm batters the East Coast of the U.S. The regulators and exchanges have not yet decided whether to resume trading on Tuesday. In a related move, the CME Group will be closing its U.S…. Read More >>
