GLG News by Financial Printing Experts

I don't believe that HSBC's decision to eliminate about .3% of its workforce should surprise anyone, nor does it indicate some sort of underlying micro-level weakness at the firm.  Financial firms across the globe have to carefully analyze their most expensive assets - people, in light of the current...

Rumors had been swirling over the last few weeks that WAMU was shopping for a buyer, however, the OTS (the Office of Thrift Supervision) couldn't allow WAMU to continue its operations under constraints of deposit outflows exceeding $16 billion in the last week or so and JP Morgan Chase becomes the benefactor...

The marketplace for credit default swaps is being affected in part by rumors and irrational conduct, in also in part by a very coordinated effort to capitalized upon the effect of short positions on the perception of a firm's repayment ability.

SSD's (Solid State Drives) are still not viewed as a mature technology for critical or long-term data storage.  SSD's still have three major hurdles to overcome before they achieve mainstream acceptance; cost, write performance, and reliability/durability.  Hard Drive manufacturers are looking...

Instant application access will be in high demand to meet the ever-increasing needs of a very busy and more mobile workforce.  This technology will become a required feature once it hits the mainstream business market. Companies like Apple, HP, and IBM are all currently exploring this...

While it is true that credit card delinquencies and charge offs are not at their historic peaks, there is considerable evidence that supports the argument that we have not yet seen the bottom of the consumer credit crisis, and that delinquencies and charge offs will likely increase in the next 12 months....

This article focuses on one of many startups in the consumer protective services space, as evidence of an "evergreen" market category. Current challenging economic times make investment in this ID Fraud sector a natural, and desperate times could actually bring about increased criminal activity leading...

Mobile PtoP payments are a disruptive technology that must be monitored by financial industry investors, because it requires no hardware infrastructure change, and can be adopted by consumers today to send payments between individuals. All leading payments brands, banks, and processors could be affected...

It takes a very focused approach to be successful in managing an ATM network profitably! Economies of scale contribute greatly to the profitability of an off-premise, non-bank ATM network. .

TRM's $11 million "lifeline" from LC Capital Master Fund Ltd. helps the troubled ATM owner pay off its debts and gave TRM the seed money to acquire its rival, ATM deployer "Access to Money." When TRM acquired eFunds ATM Portfolio of 17,200 ATMs in 2004 for $150 million, TRM had over 22,000 ATMs and...