Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News & Commentary
Content tagged with Management Strategies posted in January 2013
RIM to Rename Itself BlackBerry
News  |  1/30/2013
Research In Motion Ltd is changing its name to BlackBerry, the company announced on Wednesday, in move to refresh its tarnished image as it begins marketing a reengineered line of BlackBerry 10 smartphones.

BofA's Moynihan Calls for Renewed Focus on Customers
News  |  1/29/2013
Bank of America Corp must focus on improving customer service as it moves past its crisis-era problems, CEO Brian Moynihan said in a letter sent to employees, signaling one of his strategies for boosting revenue at the bank.

Square COO Quit After Sex Harassment Accusation
News  |  1/28/2013
After mysteriously quitting the prominent payments company it was discovered that Square's COO, Keith Rabois, is facing accusations of sexual harassment.
Wall Street Executives Fret About Talent Drain
News  |  1/28/2013
New regulations combined with years of scandals and bad press has driven executive talent away from Wall Street and into Silicon Valley.
Global Bank IT Spending to Reach $179.2 Bln in 2013: Celent
News  |  1/25/2013
The research firm said in a new study that it expects IT spending by banks to grow this year led by banks in North America and the Asia-Pacific.
Longtime Diebold CEO Swidarski Out After 17 Years
News  |  1/25/2013
The company, a major manufacturer of ATMs, said the move was "in our stakeholders' best interests to make a change in leadership at this time."
BBVA Invests $100 Million in Financial Services Start-Ups in Silicon Valley
News  |  1/24/2013
Following on the heels of similar investments in innovative start-ups, the bank said that it is making concerted effort to anticipate and tackle disruptive changes in financial services.
Capgemini Financial Services Names Thierry Delaporte As New CEO
News  |  1/18/2013
Delaporte, who has worked with the company for more than 17 years, will take over the leading role for the outsourcing and consulting firm from Aiman Ezzat.
4 Areas of Focus for Competitive Advantage in Banking in 2013
Commentary  |  1/11/2013
2013 may end up as "the year of regulatory implementation in banking," but compliance is not the only challenge facing banks that want to outpace the competition.
American Express to Cut 5,400 Jobs
News  |  1/11/2013
Credit card company American Express Co said it would cut about 5,400 jobs, or 8.5 percent of its workforce, as it restructures its business and pay legal bills.

Morgan Stanley Job Cuts May Signal More Pain Ahead
News  |  1/10/2013
Morgan Stanley plans to slash 1,600 jobs in what may be just the beginning of a new round of layoffs at large investment banks, this time driven by a deeper reassessment of Wall Street businesses in the face of new regulations and capital standards.

Morgan Stanley to Cut 1,600 Jobs in Investment Bank: Source
News  |  1/9/2013
Morgan Stanley plans to cut 1,600 jobs in its investment banking unit, roughly 6 percent of staff in that unit, with employees being informed about job losses beginning this week, a person familiar with the matter said on Wednesday.

FundTech Introduces New President and COO
News  |  1/7/2013
Edward Ho, formerly of Misys, was named as the new president and COO of Fundtech after the departure last week of two of the company's top executives.
Citigroup CEO Names New Executive Team
News  |  1/7/2013
The newly appointed chief executive of Citigroup Inc named two veterans of the bank to lead its institutional and consumer businesses as he announced his new management team on Monday.
U.S. Consumers Paying Down Debt Despite Obstacles, ABA Says
News  |  1/3/2013
Consumers continued the trend of paying down household debt last year, but the American Bankers Association warns that trend might falter next year with the expiration of the payroll tax cut and continued economic uncertainty.
Worldwide IT Spending to Rise 4.2 Percent in 2013 : Gartner
News  |  1/3/2013
Worldwide IT spending was expected to rise 4.2 percent in 2013 to $3.7 trillion, a pick-up from 1.2 percent growth forecast for last year as the gloom hanging over businesses and consumers starts to lift, industry research firm Gartner said.

Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.