Bankers tagged posts

January 14, 2015,  News  No comments

Over the next 24 hours all eyes will be on US President Barak Obama as he plays host to the British PM David Cameron at the White House.

And whilst Anglo-American relations are warm and friendly, Obama’s body language will reveal his pan-European tendencies when it comes to security and data protection.

This is in sharp contrast to the reticence of David Cameron to an intra-country solution as advocated by European Commission President Jean-Claude Juncke who’s determined to fast-track the EU General Data Protection Regulation this year.

David Cameron and Barak Obama have a working dinner tomorrow night and will meet in the Oval Office on Friday...

July 18, 2014,  Essential Law for Marketers, Guru in a Bottle, News  No comments

The recent out of court deal between US authorities and the French bank BNP Paribas have raised eyebrows within the global banking community about whether the punishment for providing banking facilities to the totalitarian regime in Sudan is proportionate with the billions of US dollars that the bank must now pay out to settle the matter – equivalent to about a year’s profit.

Perhaps not one of its finest hours, the French bank has been forced to admit helping the Sudanese Government sell oil, clearing proceeds through New York in direct violation of US sanctions.

At that time, Sudanese Government-backed militias in the region of Darfur were massacring innocent civilians ...