Thursday, December 31, 2015

FCA Cancels Report Into Banking Culture

Why has the FCA cancelled its report into banking?

Tuesday, December 22, 2015

Hello Kitty Hacked

Another day, another hack!

Let's face it, computer databases and systems are security disasters waiting to happen.

Monday, December 21, 2015

Thursday, December 10, 2015

Europe Isn't Working

Wednesday, December 09, 2015

Diamonds Aren't Forever

Tuesday, December 08, 2015

Bank of England Talks Big Mortgage Numbers

Friday, December 04, 2015

The Cloud Doesn't Have a Silver Lining

Despite Microsoft's marketing hype, the Cloud sometimes does not have a "silver lining".

The Telegraph reports:
"Microsoft's Office 365 services - which provide online access to Word, Excel and Outlook, among other software - was offline for many users across Europe on Thursday due to a problem with Microsoft's cloud computing service, Azure. 
Many users reported being blocked from accessing the Office 365 portal, with Down Detector, a website that tracks outages, seeing a spike in reports. Many appear to be related to problems signing in to Outlook, Microsoft's email portal."
Stick to desktop applications, and beware sharing data on a shared resource such as the Cloud.

Thursday, December 03, 2015

Greek Bailout Delayed

Wednesday, December 02, 2015

Alleged Greek Agreement Reached

All very well and nice, except that it's not in Dijsselbloem's gift to judge the validity or otherwise of any "agreement" made; it's down to the Quadriga.

Tuesday, December 01, 2015

UK Banks Pass Stress Test

The Bank of England has, for the second year running, conducted stress tests on seven major UK banks.

All passed.

However, Royal Bank of Scotland and Standard Chartered were the weakest and were found not to have enough capital strength. They both took steps to raise capital, and as such were not told to come up with a new plan.