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| Subject: back office The term ‘back-office’ refers to administrative divisions of financial institutions that deal with such things as accounting, securities custody, data management and processing, check processing, clearings and settlement, dividend collections and rights management, customer statements, and so forth. Hard Times By John Schroy, on April 17th, 2009 |  One comment  The Crash of 2008 was the end to what I call, “the old capital markets”. A new era is beginning, but form and detail are hidden in the mists of change. It may be a decade or so before new structures and directions are visible. Many were thrown out of work by the Crash, but before getting into the unpleasant chore of actually looking for a job, you should consider whether or not you even want to work in the new capital markets. April 17th, 2009 | Print Article |  Email Article |  Topics: Adam Smith, back office, Bank of America, Bear Stearns, Bernard Madoff, book-entry settlement, Brazil, Capital Market Wiki, Citicorp, computerized trading, Edinburgh, FASB Statement 157, hedge funds, Hong Kong, Lehman Brothers, London, Margaret Thatcher, Merrill Lynch, New York City, SEC Rule 10b-18, Shanghai, Singapore, Stock Buybacks, unemployment | Category: World Economy | One comment |  Short urlFeatured articles on inside pages
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