Job Cuts, Jobless, Layoffs

JPMorgan Chase to Slash 5,000 Jobs

U.S. megabank J.P. Morgan Chase & Co. (JPMC) is cutting more than 5,000 jobs in an effort to cut costs in a post-crisis regulatory landscape of big fines and tight margins, according to industry sources and a report in The...
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Deutsche Bank’s $55M Settlement Could Boost Transparency

Deutsche Bank settled charges of misstating the value of a derivatives portfolio with the SEC to the tune of $55 million, the latest in a string of regulatory penalties to hit the bank that could potentially provide another nail in...
e learning

Report: Sell Side Needs to Refocus on Buy Side’s Needs

Brokers in the business of routing equity orders have been squeezed since the financial crisis, but a new report says there may be room to grow – if they’re willing to challenge conventional wisdom and buckle down on customer service...
Benjamin Lawsky, superintendent of New York state's Department of Financial Services, got British bank Standard Chartered to pay a $340 million settlement over allegations that it schemed with the Iranian government to launder billions of dollars.

Superintendent Lawsky to Leave NYDFS

Benjamin M. Lawsky, the New York State Department of Financial Services’ initial superintendent of financial services, will depart the agency in late June, after four years in the post, officials confirm. The agency was created by the New York State...
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Industry Solves Half of the Tri-Party Repo Risk Problem

Bank of New York Mellon recently completed its leg of an industry initiative to reduce risk in the tri-party repo markets, following the disastrous role those markets played in causing the 2008 financial crisis. After successfully implementing a series of...
SEC

SEC Seeks to Revamp Reporting for Mutual Funds, ETFs

The SEC has proposed rules, forms and amendments to “modernize and enhance” the reporting and disclosure of information via investment companies and investment advisers in an effort to improve the quality of data for investors, according to the regulator. If...
ChangePaperWhoseHand

Deustche Börse Group Launches EU Publication

The Eurozone has served up one curveball after another to investors lately, ever since the 2008 U.S. financial crisis made its way across the pond a few years later and began throwing European economies into disarray. That’s why Market News...
Do You Want a Robot Writing Your Reports?

Do You Want a Robot Writing Your Reports?

Much has been made in the mainstream media about software systems that can take lots of data (previously gathered via tedious methods) and create a wide range of prose from nonfinancial news to reports about the performance of funds.

FTF News was so intrigued that we’ve put together a special report on the subject, “Will a Software Robot Be Writing Your Next Financial Report?.

Upcoming Events View All

  • SecOps USA 2015

    This two-day conference will cover all things securities operations with separate streams covering reconciliations, corporate actions, and buy-side operations, including discussions on industry standards, STP, automation and more.

  • Cyber-Security Tips for Your Social Media Team

    As cyber-security skyrockets on the financial services’ priority list, one area of concern is social media. This free one-hour webinar will bring together cyber-security and social media gurus to give concrete advice for how to incorporate cyber-security awareness into your social media strategy without sacrificing the very open nature of social media.

  • SMAC New York 2015

    Join FTF for our annual Social Media and Compliance in the Financial Services conference. From social media strategies to compliance issues, this is the premier event for new ideas, stronger systems, and increased connections for banks, asset managers, and insurance firms.

  • ReCon London 2015

    This annual conference is devoted to discussing the ins and outs of reconciliations, including utility, automation, industry standards and more.

  • Performance Measurement Americas

    Join FTF at our annual summit for performance measurement executives. Packed with peer-to-peer networking, accessible panel sessions, and insights from performance thought leaders, this is the premier conference for brainstorming on best practices in the performance measurement space.

Upcoming Training View All

  • Enterprise Risk Principles & Practices

    Enterprise Risk Principles and Practices is an intense and invigorating two-day workshop for any financial professional trying to get a handle on the evolving world of operational risk.

Minding the Gap View All

Eugene Grygo

Bridging the divide between the official story and what is really happening.

  • Do You Want a Robot Writing Your Reports?

    Much has been made in the mainstream media about software systems that can take lots of data (previously gathered via tedious methods) and create a wide range of prose from nonfinancial news to reports about the performance of funds. FTF…
  • It’s Time for T+2 and FTF Focus Magazine

    A very warm spring has come to the New York City area this week and coincidentally we are debuting a new online magazine from FTF News (a printed version is also available). To underscore our new commitment to magazine journalism,…

Latest News View All

Latest Opinion View All

  • What Does a New FTF Website Mean for Our Readers and Clients?

    Fri, 15 May 2015 13:31:53 +0000

    Maureen Lowe, Founder and President of FTF,  discusses what the new, upcoming website means for our readers and clients. The new site is scheduled to go live Q3 ’15.
  • How Should the NY State Government Spend its $5 Billion Surplus from Wall Street Fines?

    Thu, 05 Feb 2015 14:15:12 +0000

    We have the results to our most recent Finger on the Pulse poll. Our FTF News editor, Eugene Grygo, recently posted a Minding the Gap column Can Good Come from the Sins of Wall Street?, where he discussed the fines imposed upon … Continue reading
  • FTF News Video: How to Build a Robust Op Risk System

    Wed, 04 Feb 2015 14:30:44 +0000

    CIT’s head of Op Risk discusses novel ways to improve surveillance and launch initiatives with FTF News editor, Eugene Grygo at the recent OpRisk New York 2014 conference in November. Prasad Kodali, head of operational risk at CIT, is leading … Continue reading
  • Can Good Come from the Sins of Wall Street?

    Fri, 23 Jan 2015 15:44:08 +0000

    January 20, 2015 by Eugene Grygo (Contribution from Minding the Gap, a blog by FTF News editor, Eugene Grygo.) Thanks to the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession, the New York State … Continue reading