Profile of Greg MacSweeney

Editorial Director Member Since: 5/8/2014
Author
Blog Posts: 734
Posts: 205

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology.

Is the bail out deal 'too sweet' for banks? (video)

10/30/2008
When financially sound banks (and not burdened with so-called toxic assets) are running to the Fed to take part in the bail out, is that a sign that the deal is too sweet for the banks?

Deconstructing "Too Big to Fail"

10/28/2008
With increased regulation an almost foregone conclusion, the financial services industry will have to work to regain trust and credibility.

The Sky Didn't Fall on Lehman Swaps, Yet (audio)

10/24/2008
Hundreds of billions in losses were expected from Lehman Brothers' credit default mess. But the reality wasn't so disastrous after all -- more like $5 billion.

Greenspan 'Shocked' by Breakdown (video)

10/24/2008
Former Fed Chairman Alan Greenspan said he was "shocked" by the breakdown in the credit system and told Congress the crisis was once in a century.

DTCC and LCH.Clearnet Move to Create World’s Largest Clearing House

10/23/2008
Combined company would cover equities, fixed income, mutual funds, annuities, OTC products and more.

Congressman Waxman No Longer Believes Markets Can Self Regulate (audio)

10/22/2008
Congress is holding hearings about the role rating agencies played in the credit crises, and Congressman Henry Waxman no longer believes markets can self regulate.

Merrill Lynch to Cut Thousands of IT and Operations Jobs

10/21/2008
Merrill Lynch expects to cut thousands of jobs as a result of its takeover by Bank of America.

Federal and NY State Prosecutors Investigating CDS Trading (NPR.org audio)

10/21/2008
Prosecutors are looking to see if traders manipulated the prices of credit default swaps in order to weaken confidence in financial companies.

HSBC Group COO Discusses Risk Management During the Financial Crisis (video)

10/16/2008
On the day that Lehman Brothers failed I spoke briefly with David Hodgkinson, group chief operating officer, at HSBC. Hodgkinson discusses how global banks need to work together to uncover potential risks and the role technology will play in uncovering new financial and market risks in the future. We were at the SIBOS 2008 conference in Vienna.