Articles by Mark Sands
BAE Norkom purchase likely to complete in “mid to late March” says Norkom CEO
Transaction will see Norkom work with 2008 acquisition, Detica
North American banks expect rise in internal fraud
US and Canadian banks expect internal fraud to increase
Lloyds TSB tech failures show lack of investment in IT throughout industry
Tech failures reflect industry’s lack of back-office investment
FSA penalties likely to continue to grow
The UK regulator took £89 million in fines in 2010 and experts says it will only grow tougher
Bank of America sues ex-workers for theft of trade secrets
Bank of America sues ex-workers for theft of trade secrets
Separate trials set for Rajaratnam, Chiesi after FBI insider-trading crackdown
Trial dates set for Rajaratnam, Chiesi
UBS, HSBC and JP Morgan face suits over 'willful blindness' on Madoff
Three banks accused of 'willful blindness' about Madoff
Bank of America settles for $137 million over municipal bond auction fixes
Bank of America settles for $137 million over municipal bond auction fixes
Ex-Goldman programmer found guilty of code theft
Ex-Goldman programmer found guilty of code theft
FSA fines Aegon UK £2.8 million for multiple control failings
FSA fines Aegon UK £2.8 million for multiple control failings
Legal adviser to Kenneth Starr charged by SEC with aiding fraud
US SEC goes after Kenneth Starr’s lawyer
Changing Hats, January 2011
Changing Hats
Failed transactions render banks illiquid says consultancy
BPG: Failed transactions render banks illiquid
EU plans to standardise sanctions welcomed, but 'impractical'
EU plans to standardise sanctions welcomed, but 'impractical'
2011 stress tests will struggle for credibility, say experts
2011 stress tests will struggle for credibility
Bank of England's Bailey: UK PRA and banks will be 'heavily engaged'
BoE's Bailey: UK PRA and banks will be 'heavily engaged'
Bribery Act unlikely to see firms pursued for facilitation payments
Facilitation payment charges not likely under Bribery Act
RBS agrees to help publish report of FSA investigation
RBS agrees to help publish report of FSA investigation
Regulatory arbitrage worsening, says Lloyds head
Win Bischoff, chair of Lloyds Banking Group, warns of increasing divergence between regulators
Industry doubts disclosure will drive remuneration reform
Think tank CSFI unsure of merits of transparency as focus on remuneration grows
SocGen studies hedge fund fraud to reduce risk
French bank completes statistical study on statistical properties of fraudulent funds
UK government responds to industry criticism of regulatory restructure
HM Treasury issues consultation summary on proposed changes to financial oversight in UK
Inefficiency in reporting costing institutions more than 700 days a year
Consultancy says duplication of reporting and poor compliance oversight is costing banks massively
Marco Moscadelli: The Bank of Italy man
After 20 years at Italy’s central bank, Marco Moscadelli knows his country’s banking industry well. But this hasn’t narrowed his focus, and pivotal roles on European supervisory bodies have also given him a say on how the operational risk is approached…