Tag:
Transparency
Latest Headlines
Latest Headlines
Handling complaints via Twitter
The rise of Twitter as a customer service tool has been nothing short of stunning. It has become a critical channel of communication. We're now at the point where complaints via Twitter seem to be
Banks ratchet up consumer fees
The debit card fee fiasco at Bank of America has only intensified the pressure to generate more fee revenue, to offset the effects of the Durbin Amendment and other reform measures.
We're already seeing banks impose more fees that may or may not be all that transparent. We're getting to the po
"Transparency" a vexing issue for banks
The debit card fee conundrum that engulfed Bank of America--a bank that certainly knows how to court controversy--has led a few politicians to propose a new fee transparency initiative.
They have asked banks to voluntarily adopt practices that would "post publicly" a clear fee disclosure box-
Earnings reports to reflect weakness, lack of innovation
JPMorgan's earnings have set a tough tone for other banks as the third-quarter earnings reporting season continues.
It's clear that business has slowed precipitously this year, as reflected by JPMorgan's severe decline in revenue from the second quarter to the third quarter. While debit valuat
Private equity fund managers vs limited partners
SEI has come out with the second of three reports on the private equity industry. This one, titled "Searching for Alignment" takes a look at the expectations gap that has arisen between manages and their limited partners, especially when it comes to issues that fall under the rubric "transparency.
CDS investors hold on for longer than many think
As the rules for the new, more automated and more regulated OTC derivatives markets takes shape, we're seeing some interesting sparring over CDSs and the extent to which they are hedged by the big dealers.
One proposal has called for the industry to report trades within 15 minutes of consummat
Standard & Poor's math criticized, pressure mounts
It's fair to say that Standard & Poor's is not faring well in the court of pundit opinion. Even those who think that the decision to shift the rating on long-term Treasuries from AAA to AA+ was right nevertheless think S&P was wrong--owing to an opaque methodology that's being roundly crit
Was transparency lacking in S&P downgrade decision
Standard & Poor's decision to lower the credit rating of U.S. Treasuries to AA+ from AAA continues to generate criticism. One theme has been a general lack of transparency, a charge that looms larger in light of the $2 trillion methodological error that the agency owned up to right before it a
Mobile banking apps lead to new security issues
When it comes to mobile banking via apps, it's pretty clear that security professionals need to embrace a whole new mindset. No longer can they be content to confine themselves to such well-known
Public pensions boost hedge fund allocations; regulatory issue critical
It's no secret that public pensions are boosting allocations to hedge funds. Many funds had already boosted allocations to private equity and now they seem bent on pushing their hedge fund
