Catch The First FinReg Waves Washing Up On Investment Banks
Hang ten in the financial services industry and catch some of the first waves of business model changes washing up on the investment banking shores … dude. As I advised in a prior blog post, Selling Into FinReg, NOW is the time to sell the financial value of your solutions. Catch the wave! SeeWSJ article.
The regulatory sea change, that is andwill be (with 243 rules remaining to be written) the Dodd-Frank Wall Street Reform and Consumer Protection Act (HR 4173), has begun to upend business models across the financial services industry. And Basel III, the global bank reform standards issued last month and scheduled to be finalized next month, has raised the wind speed and accelerated the pace of structural changes.Read More »