An interesting debate about the approaches that banks have taken to quantify operational risk for Basel II. What have been the problems and what are some of the solutions, is openly discussed in this interview. Really does Basel II work at all? ...[ Read More ]

The acronym GM should be renamed from General Motors to Gross Manipulation and while there are some that reckon I am heavy handed with my criticism of the US government response to the General Motors collapse, I stand by view. ...[ Read More ]

This is a difficult time for just about every company and organization in the world. Almost all companies are seeing less business. Almost all organizations, whether profit-seeking or not, are under budget pressure. Almost all are cutting costs. And in most cases that means cutting people. That means the crisis is also difficult for employees and individuals the world over. ...[ Read More ]

I had the good fortune to attend the 2008 Berkshire Hathaway shareholders meeting at 

Omaha, Nebraska a few weeks back. 

 It was a wonderful experience listening to and learning from the Master Investor- Warren Buffett himself and all I can say is that he stands alone as the reigning deity of financial world's Mt Olympus! 

We are happy to announce that the long awaited transcript of Dr. George L. Salis, Sean M. King,   James A. Lavorgna's teleseminars are now available in audio format! ...[ Read More ]

In the case of many companies determining the intrinsic value of a business is difficult for experienced professionals, let along the average investor. This is largely the result of what are termed information asymmetries - when one party in a transaction knows more than the other. These endure in spite of the progress that has been made in revisiting old accounting orthodoxies or the efforts made to control more vigorously certain types of interaction between actors in the capital markets. ...[ Read More ]

India has come out with robust growth of around 9%, is it because of reforms? Or global payer? Or is it our loose fiscal and monetary policy? What are the fundamental changes which are responsible for India's rapid growth? ...[ Read More ]

Dynamic changes financial careers require professionals to adapt and stay on the cutting edge. ...[ Read More ]

AAFM has some of the most qualified Certified Trainers in the world. Please read about the AAFM Approved Trainers who are experts in: Wealth Management, International Tax, Risk, and AML Anti Money Laundering. ...[ Read More ]

Good customer service is a crucial element in customer retention, but in-house call centers can be one of a company's largest expenses.

Outsourcing customer service to off-shore companies will substantially reduce costs, but at the risk of customer resentment and dissatisfaction.