SSSB reports recovery in internet traffic and assesses challenge from new entrants |
Issue: 10 / 2000 |
Jeremy Sigee, a speaker at the Finance Dublin Conference last March on the theme of internet banking, has led the Schroder Salomon Smith Barney in London team updating their continuing analysis of internet banking trends in Europe. In September, SSSB released data on internet traffic at websites of retail financial services providers. Earlier, a conference heard from ceos of leading internet banks and the conclusions of the conference were analysed by the SSSB team. The following are some extract from the latest analysis by Sigee and the SSSB analysts. |
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Teething trouble for internet banks signalled |
Issue: 10 / 2000 |
European internet banks do not respond to up to 50 per cent of client e-mails within eight hours according to an international survey of financial services providers by Cap Gemini Ernst & Young. |
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Venture capital funding up nearly IEP100 million |
Issue: 10 / 2000 |
Irish venture capital providers made investments of IEP139 million in 1999 in Irish companies, according to data released by the Irish Venture Capital Association in September. Of this, IEP70 million went to MBOs, dominated by one large transaction, IEP40 million for expansion capital and IEP23 million for early stage investment. |
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Weak euro produces lax monetary environment in Ireland |
Issue: 10 / 2000 |
John Beggs considers Ireland's experience with the Euro and says that the benefits of membership should not be judged on the basis of the performance to date. |
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Who’s who in Finance: David Earle, General Manager and Head of e-Business Development, EBS Building Society |
Issue: 10 / 2000 |
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Who’s who in Finance: Deirdre Somers, Listing Policy Manager, The Irish Stock Exchange |
Issue: 10 / 2000 |
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Who’s who in Finance: Liam Hennessy, Partner, Farrell Grant Sparks |
Issue: 10 / 2000 |
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Who’s who in Finance: Mark Kenny, Executive vice president, Equity Capital Markets, Jefferson Smurfit Group(JSG) |
Issue: 10 / 2000 |
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Wild geese |
Issue: 10 / 2000 |
Walter Coakley
Executive director, National Banking Group, Keppel TatLee Bank Limited, Singapore. |
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Wild geese |
Issue: 10 / 2000 |
Mark Browne
Assistant Vice President, State Street Corporation. State Street Corporation has $6.1 trillion in assets under custody and $729 billion under management. |
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A DAY IN THE LIFE
Managing client relationships |
Issue: 09 / 2000 |
Alan O’Sullivan is client relationship manager for Brown Brothers Harriman in Dublin. He has been with the company for four years. |
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Banking group explains liberal stance on takeovers |
Issue: 09 / 2000 |
The Department of Finance and Central Bank review of strategic issues in the banking sector has chosen a liberal stance on the issue of political approval of mergers and acquisitions in the Irish banking sector. |
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Big turnout for Duisenberg lecture |
Issue: 09 / 2000 |
While Duisenberg’s speech was headlined as delivering a strong warning to Ireland not to engage in pro-cyclical fiscal policy, comment around the tables was that there was really little news in that message, |
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Consultants agree regulation is needed in hot labour market |
Issue: 09 / 2000 |
Recruitment agencies have called for stricter controls on standards within their industry but there is disagreement over whether the Irish Government or the industry itself, should lead the way. |
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CPA president: auditing proposals ‘unworkable’ |
Issue: 09 / 2000 |
The proposal from the Review Group on Auditing that company directors should annually report on the company’s compliance with relevant statutory requirements is ‘patently unworkable and fundamentally anti-business’, according to the president of the Institute of Certified Public Accountants, Bernadette McGrory-Farrell. |
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