Get the Brochure for Operational Risk Management - London - 19 & 20 May 2016

For details about our London Operational Risk Management training course simply request a full brochure

 



e-Mail us at courses@citadeladvantage.com with OPSRISK-LONDON in the subject line

Operational Risk Management Course - London - 19 & 20 May 2016

Join us in LONDON on 19 & 20 May 2016 for a 2-day intensive course on the fundamentals of the management and mitigation of Operational Risk in banks.

This course is an intensive introduction to Operational Risk Management and Mitigation. It is designed to provide a practical “hands-on” approach to participants which will furnish them with all the tools and techniques they need to begin implementing what they have learned almost as soon as they return to the office.

For details CLICK HERE>>
 

Mobile payments come to London's black cabs

From Mobile Payments Today –

“London's black cabs fleet can now accept mobile payments thanks to a new app from Halio called HailoPay, according to a press release.

"The taxi industry is far from a cash-only, technophobic trade," Andrew Pinnington, CEO of Hailo said in a statement. "In the past four years, the Hailo app has facilitated mobile and card payments for almost 9 million journeys in London, and now, through HailoPay, all London black cabs have the ability to accept mobile payments for passengers hailing off the street."

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`I've Got My Wizards Hat On' What Broker Said about Libor Moves

From Bloomberg Business -

“A former trader at UBS Group AG asked a broker at RP Martin Holdings Ltd. for help moving Libor because he’d "heard you knew magic."

Mirhat Alykulov, who worked with Tom Hayes at UBS in Tokyo, sent a message in February 2009 asking RP Martin’s Jim Gilmour for a higher six-month Libor rate. The message was shown to jurors by prosecutors at a trial of half a dozen brokers, including Gilmour, accused of helping Hayes manipulate benchmark rates.

"Yes I’ve got my wizards hat on today," Gilmour joked, after agreeing to try to push the rate higher.”

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Kweku Adoboli turns his hand to compliance training

From The Telegraph -

“Kweku Adoboli, the trader convicted of fraud after losing $2.3bn at UBS, is now speaking at compliance seminars for City workers and studying for a PhD, according to reports.

Adoboli was last week banned from financial work by the FCA, in what he said was "the closing of a difficult chapter for me". He is also fighting attempts to deport him to Ghana, where he was born but has not lived since he was four years old.

As a trader within UBS’s global synthetic equities team, Adoboli booked phantom trades to give the appearance of hedging his positions, leaving the bank unwittingly exposed to the full extent of his trading losses. He also hoarded profits from good trades to use later to cover losses on missteps.”

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