Compliance

08:49 AM
Greg MacSweeney
Greg MacSweeney
Slideshows
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

LIBOR Lowlights, RIM's Downfall, Where's Jon Corzine and more

The LIBOR scandal and the fall of Barclays' CEO Bob Diamond dominated financial services coverage this week, while others chatter about disgraced MF Global CEO Jon Corzine, RIM's continued downward spiral and Goldman Sachs new universe.
Previous
1 of 7
Next


1. Disgusted

It is time to do something about the banking system...Many people in the banking industry are hardworking and feel badly let down by some of their colleagues and leaders. It goes to the culture and the structure of banks: the excessive compensation, the shoddy treatment of customers, the deceitful manipulation of a key interest rate, and today, news of yet another mis-selling scandal.

— Mervyn King, Governor of the Bank of England

Source: Rolling Stone

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

Previous
1 of 7
Next
Comment  | 
Print  | 
More Insights
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Stressed Out by Compliance, Reputational Damage & Fines?
Stressed Out by Compliance, Reputational Damage & Fines?
Financial services executives are living in a "regulatory pressure cooker." Here's how executives are preparing for the new compliance requirements.