The New York Times DealBook blog links to an article in The New Republic (published Friday) by Larry Grafstein and Jim Millstein, two managing directors at the investment bank Lazard, blaming Wall Street for the current financial mess. Excerpt from The New Republic (emphasis mine): Those on Wall Street who do not feel ashamed of […]
Coverage: Ongoing crisis coverage at the WSJ Interactive feature at the New York Times Bloomberg "It's pretty much a nightmare'' Now what?
I'll be in NYC for Finnovate 2008 on October 14. Twenty-four hot new financial companies will present their new products and recent updates. They each get 7 minutes to demo – no PowerPoint allowed. If it's anything like FinnovateStartup (I live blogged that event here) it's going to be great. Here's the lineup: Details here.
I'm speaking at the upcoming NEACH Payment Insights conference November 3-4 just outside Boston. My topic explores the intersection of social networking and payments: Should There Be A Social Network in Your Payments Future? What do social networks such as MySpace and Facebook have to do with banking and payments? What are Wasabe and Mint […]
After a weekend of negotiations Washington has come up with a Bailout deal… you can read it for yourself here. And if that's too much legalese for your taste, here's the summary (courtesy of the WSJ). Meanwhile, stocks worldwide are tumbling. Coverage: Wall Street Journal The Economist American Banker (subscription required) New York Times: news […]
On Friday US Banker published its 7th annual ranking of the most powerful women in banking. The list was compiled earlier this summer and some of the women no longer hold the roles they had at the time of publication (Krawcheck) and at this writing some of the banks may cease to exist, at least […]
The market is down sharply this morning, no surprise.Insight on the maneuvering over the weekend here. Continuously updated coverage: New York Times DealBook blog Wall Street Journal "Crisis on Wall Street" blog Bloomberg.com
It's been a tumultuous, historic weekend on Wall Street. Lehman Brothers faces bankruptcy and Merrill Lynch agreed to be sold to Bank of America. Meanwhile, AIG is scrambling for cash. Highlights: "The American financial system was shaken to its core on Sunday." – Wall Street Journal “My goodness. I’ve been in the business 35 years, […]
The CTIA Wireless IT and Entertainment conference was held in San Francisco this week. Theme was “Wireless – It’s how you use it.” When it comes to mobile payments and mCommerce, I could not agree more.
by Jacqueline Chilton The CTIA Wireless IT and Entertainment conference was held in San Francisco this week. Theme was “Wireless – It’s how you use it.” When it comes to mobile payments and mCommerce, I could not agree more.
CheckFree and AT&T Mobility recently announced that AT&T would begin supporting electronic bill presentment through CheckFree-powered bank bill pay sites. AT&T Mobility’s more than 70 million customers will now be able to receive their bills electronically at their bank’s bill pay site if the bank is a CheckFree customer. AT&T Mobility joins 400 other billers […]