Wells Fargo's head of wholesale services has presided over the bank's commercial banking portal since it was launched in 2000 and has been instrumental in launching a number of Web 2.0 and social networking-inspired features and tools. Writer John Beck
Latest articles from Transaction banking
CME struggles to find path to CDS clearing
September 29, 2010The Chicago Mercantile Exchange has struggled to establish itself in credit default swap clearing against stiff opposition. However, it sees plenty of opportunities, starting with the launch of new trading platforms and the growth of business and partnerships overseas. Writer Geraldine Lambe
Collateral damage
September 29, 2010There is broad consensus that moving over-the-counter derivatives to central clearing will reduce individual and systemic risks, but this is not a panacea. Writer Philip Alexander
With change comes opportunity
August 30, 2010Dean Sposito, head of cash management for financial institutions at Deutsche Bank, talks to The Banker, about the difficulties facing the cash management industry as banks cope with ever more regulation, critical technological investment, voracious competition and shrinking margins.
Bank crisis: Payback time
August 30, 2010The world has come a long way since the lurid headlines of 2008 warning that support for the banking sector would cost governments around the world trillions of dollars. While dangers still persist, money is steadily starting to return to government coffers. Writer Geraldine Lambe
FIG markets adjust to new realities
August 30, 2010In markets beset by uncertainty over new Basel regulations, bank balance-sheet quality and the sovereign debt overhang, The Banker invited the heads of financial institutions groups at major banks to discuss how issuers can respond. Writer Philip Alexander
Fund processing plays catch-up
July 28, 2010Much work has been done to standardise and automate fund processing, with several commercial solutions available, but the cost of processing fund transactions is still significantly higher than for bonds or equities and this is hampering critical mass. Is a more centralised market infrastructure needed to tackle processing costs? Writer Frances Maguire
A coming of age
July 28, 2010Enjoying Israel's new status as a developed market, the Tel Aviv Stock Exchange is pushing to attract high-tech listings, planning to renew its IT system and playing its part in Israeli-Palestinian relations. Writer Michelle Price
Will MIFID II deal a decisive blow to Europe's exchanges?
July 28, 2010The European Commission's MiFID review should enhance the competitive environment in Europe in a manner that will deal a second, more decisive blow to Europe's exchanges. But the latter are not going down without a fight. Writer Michelle Price
Delayed harmony
July 6, 2010The realisation of the Single Euro Payments Area has been dogged by delay and now, even before SEPA Direct Debit has launched, it looks to some as though the European Commission is moving the goalposts before mandating an end-date. Frances Maguire explores whether the industry can jump this final hurdle.