Compliance

10:58 AM
Greg MacSweeney
Greg MacSweeney
Slideshows
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

Sallie Weeps Blood, Greg Smith Cashes In, Breaking Up the Banks and More

Sallie Krawcheck gave what is likely the most graphic description of big bank complexity, while Goldman Sachs prepares for ex-employee Greg Smith's supposedly tell-all book. Here what people are saying about these newsmakers, breaking up the big banks and the euro's continued troubles in this week's top quotes.
Previous
1 of 7
Next


1. True Blood

It makes you weep blood out of your eyes.

—Sallie L. Krawcheck (pictured at right), who ran Bank of America’s wealth management division before a management reshuffling last year, said regarding why she has concerns about the complexity of financial behemoths.

Source: A Warning on Bank Complexity, From Someone Who Would Know

 

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.