GLG News in Financial & Business Services

A whole country, albeit be it a small one, is on the brink of bankruptcy. This has dramatic consequences to its foreign trade and foreign payments. It has just simply stopped functioning. A bailout loan from IMF and other countries will restore system functioning and allow time for the real economy to adjust to its proper potential.   ·        ...

Real and perceived lack of control creates psychological panic.  For better or worse, panic affects decision making and as such, can create self fulfilling prophecies.  It is essential to acknowledge the role of psychology in consumer and investor behavior, especially when unexpected events, such as the frequent and large swings in the market, occur.  When individuals feel out of control,...

The internet and specifically search engines are where people go today for deep discounts, low costs, answers, information, and new jobs... Each and every year, the rotation (when feasible) more consumers find comfort within Internet properties.

This is not surprising.  GM/GMAC has been dealing with diminishing liquidity going back to the creation of Residential Capital Corporation in 2006.

Indian economy is not slowing down even if global finacial market is in crises.  The indian population has been denied the access of the convenient and comfort of the land-line telephone facilities due to unaffordable high price to use them.  Now the introduction of mobile phone gives them convenience and comfort at the affordable price in comparison to their earning levels which is very...

1. Market is unpredictable and any analysis is obsolete even before it is completed. 2. Market is event based.

The RBI moves to reduce CRR by over 2.5 percentage points within a month, just indicates the inadequacy of the previous responses. Finance Minister, shri. Palaniappan Chidambarem, assuring of the stability of the banking system and that everything is being done to ensure liquidity.  Next, the money account of the waivers announced to farmers, is also being passed on to the banking system,...

Amazing , this would have been unheard of two years ago. A rock solid "pure" savings bank ( similar to a post office SB in other countries) which until recently had the sole monopoly to issue interest free savings accounts for upto 25 K $ , making a significant trading loss !!! . Part of the risk that the Caisse undertook while attempting to transition to a normal institution ! , wouldn't...

Japanese top institutional investors asset allocation change  justified by fundamentals. Domestic eqities allocation increase versus US or European equities to further support Yen implied volatility historic reversal ( as expected anyway).

As long as the de novo movement continues, there will be new core sales.  Last year, 39% of new core sales were to de novo banks. In my opinion, there are 1,280 FIs that are ripe for a better core system and the only way they’ll get it is if vendors commission Buffett/Gates sales types to make it happen.  Waiting for a brand new core system to make it happen, the likes of which the ten offshore...