I never thought I would see this in my lifetime but emerging market financial institutions from India or China may be able to buy out American banks due to the fallout from mortgage crisis, according to the latest Goldman Sachs report. The report by Goldman Sachs Group Inc says: Further, we would not be surprised […]
China
Banking in Brazil – BRIC2.0 or Web2.0
I have been receiving these podcast alerts from Gartner and one of them caught my eye-“What Banks should know about Web2.0”. The podcast available here talks about how Web2.0 will inevitably impact the banking industry. The analyst talks about how money will change hands in MySpace, how banks are using podcasts and that RSS feeds […]
Ever heard of UFIDA, KingDee, Tally?
Well, you may never have heard of these enterprise software vendors but they are the giants from China and India. KingDee and UFIDA are #1 and #3 vendors in China and Tally is the top local vendor in India. Gartner recently predicted that a large vendor will emerge from China and India over the next […]