Letter From The Editor
DEPARTMENTS
The New New Financial Services Firm
In some ways, yes, things continue to track. UBS is expanding its already massive trading room in Stamford. New, bigger, better trading floors are getting built in London by the likes of Merrill, Goldman, HSBC, Enron, etc.
But then, cast an eye on Dresdner Bank’s decision to spin off its IT department. Or take a look at the many efforts in progress to repackage or reuse legacy processing systems. I know of at least one global financial services firm that’s
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