financial services

China opens up to new deal structures, new participants

Asset Securitization Report

China’s securitization market finally reached a new maturity level this fall, with new participants and new deal structures. The watershed moment was September’s listing of asset-backed securities from China Unicom on the Shanghai Stock Exchange. Additionally, two bank-based pilot projects are expected. The two banks, China Construction Bank and China Development Bank, received government approval […]

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Brokerage pioneer in China’s securitization space

Asset Securitization Report

While other brokerage firms have tried – but so far failed – to get securitization projects off the ground, the Beijing-based China International Capital Corp. has jumped ahead of the pack with a fixed-income product based on a telecommunication company’s future income from the leasing of mobile CDMA technology. These asset-backed securities, which started trading

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Network Security: An Arkansas Bank Protects Communications Inside-out

American Banker

A couple of years ago, good security meant a good firewall at the periphery of your network. Today, given the wide range of threats that are coming at financial institutions, both internal and external, that is no longer enough. Instead of installing security appliances at key locations, forward-looking banks are turning their entire networks into

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Building Portals Doesn’t Ensure Customers Will Come

Securities Industry News

Last year, single-dealer portals, such as Merrill Lynch’s MLX, were seen by major broker-dealers as a way to reduce costs, increase customer satisfaction, and reach new markets. Customers would get a one-stop shop for research, data and trading, and the dealers would get access to smaller institutional clients that they hadn’t previously reached. Today, that

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Larger banks have edge in electronic CRM, report says

Computerworld

Larger financial institutions have an edge over small and nimble Internet upstarts in electronic customer relationship management (CRM), according to a new report released by Meridien Research in Newton, Mass. Larger institutions often have more experience with data analysis technologies and have already built data warehouses to track the huge amounts of customer data they’ve

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