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CEOs want to be able to respond to customers as fast as possible, especially in financial services, he added, where the essence of the business is made up of computer systems.
FORBES: Is Your Firm Running An IT Deficit
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In essence, the assets are being moved to financial advisors who are not your traditional brokers.
FORBES: Merrill Lynch, Morgan Stanley, Wells Fargo Keep Losing Market Share, And They May Be OK With It
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Senior Eurocrats argue that public confidence in free markets has been shattered by the perception (carefully stoked by some politicians) that the crash is, in essence, a crisis of Anglo-Saxon financial capitalism.
ECONOMIST: Charlemagne: Single market bargaining | The
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Organizations must manage electronically stored information (ESI) for litigation, which is in essence similar to the rules that will affect brokerage houses and certain financial institutions.
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In essence, if these countries expected to ever borrow again, they needed to get their financial houses in order.
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Although the announcement Ken Feinberg, the federal pay czar, has made with respect to limiting bonuses will undoubtedly be politically popular, what steps, if any, is the government considering to keep the top talent from leaving the U.S. financial community and moving to a more friendly regulatory environment -- considering a brain drain, in essence?
WHITEHOUSE: Press Briefing