financial industry

RSS

  • As stocks drop, NYSE offers refresher on 'circuit-breakers'

    Posted October 27, 2008 - 2:34 pm

    Fears that the major U.S. financial markets would follow other markets as they dropped on Friday prompted the New York Stock Exchange (NYSE) to highlight rules about market-wide trading halts that kick in when indices plummet below certain pre-defined levels.

  • Taking control of your IT career in the face of layoffs

    Posted September 26, 2008 - 12:26 pm

    If you work in IT at a financial services company -- or any organization reeling from the country's economic woes -- you're probably feeling insecure about your job -- not to mention powerless over market forces beyond your control. But, in fact, there's quite a bit you can do right now to quell your anxieties and take control of your career.

  • How IT could have prevented the financial meltdown

    Posted September 24, 2008 - 3:24 pm

    In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?

  • Financial industry turmoil: What's in store for IT workers?

    Posted September 22, 2008 - 10:39 am

    Outside of Mahogany Row where golden parachutes are reserved for the privileged few, "there's clearly going to be a reshuffling of the deck" inside IT departments.
Ask a Question