February 10, 2012 - The Royal Bank of Scotland (RBS) has reacted to the ongoing regulatory probe into potential interest-rate manipulation by firing at least four employees.
February 10, 2012 - The Commodity Futures Trading Commission (CFTC) has voted to set up a subcommittee on high frequency trading in a bid to better understand its effects on the market.
February 10, 2012 - The Royal Bank of Scotland (RBS) has reacted to the ongoing regulatory probe into potential interest-rate manipulation by firing at least four employees.
February 6, 2012 - A new IDC MarketScape report from IDC Financial Insights looks at identity and access management (IAM) and establishes vendor market positions based primarily on customer value delivered and future vision. IDC Financial Insights defines IAM as a comprehensive set of solutions used to identify users of a system and control their access to resources of that system by associating user rights and restrictions with an established identity.
January 31, 2012 - The number of IT professionals seeking the CRISC (Certified in Risk and Information Systems Control) certification continues to rise rapidly. More than 16,000 professionals have earned the CRISC designation since the certification was introduced just over 18 months ago.
January 31, 2012 - Despite last year's decline in US bank failures, at least 758 lending institutions are at risk of failure over the next two years, according to an analysis by Invictus Consulting Group, which conducts stress and sustainability tests on all FDIC-insured banks for regulators, banks and investors.
January 26, 2012 - The Securities and Exchange Commission today charged a trader in Latvia for conducting a widespread online account intrusion scheme in which he manipulated the prices of more than 100 NYSE and Nasdaq securities and caused more than $2 million in harm to customers of U.S. brokerage firms.
January 26, 2012 - Formicary Ltd, a software and systems integration provider, is stressing the importance tobanks of maintaining their Default Management systems and procedures. The advice comes as banks facestringent new clearing house requirements in 2012. In anticipation of the extensive preparation needed by banks to meet the regulations, Formicary has expanded its dedicated team that designs and implementsDefault Management Systems at member banks.
