The ousted chief of Warsaw Stock Exchange, Ludwik Sobolewski, has come in from the cold in his new role as head of the rival Bucharest bourse and is already making his presence felt.
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With technology making data processing 1000 times faster, banks could find the cost burden of anti-money laundering rules a whole lot lighter. Alternative data storage platforms are starting to make current systems look cumbersome and slow, not to mention uneconomical.
Is your bank stuck with a legacy system? Then you’ve only got yourself to blame.
Anthony Woolley, the UK chief information officer at Société Générale Corporate & Investment Banking, sees technology making the markets safer but is keen to foster an environment in which innovation in IT solutions thrives.
With so much change afoot it is not yet clear if new technologies and digitalisation have completely revolutionised the fundamental banking model or simply tweaked it.
Turkey's banks are acquiring a global reputation for innovative products, particularly those that connect them with the country's youthful population through social media. As Duygu Tavan discovers, this is increasingly being done through smartphones.
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