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Financial services

Technology, globalization, convergence and consolidation are transforming the financial services industry. Your company needs someone to help you make decisions that are right for your business. Grant Thornton professionals understand the complex and changing world of financial services and can offer specialized knowledge and attention to help meet your needs.

The sliver lining: Selling troubled assets 

This issue of Currency, a newsletter for bank executives, discusses the challenges of the current economic climate, including the role of management and the board in developing a troubled asset resolution plan, as well as the topics it must address.

Listen to a playback of our risk management webcast 

On May 7, the Financial Services practice held a webcast to aid broker-dealers in re-examining their risk management models and systems as well as renewing diligence for enforcing internal and supervisory controls. In addition, participants learned how to take steps toward stronger supervisory and internal controls in the face of changing regulatory frameworks. Along with webcast slides, a recorded playback of the webcast is available online.

Listen to a playback of our executive compensation webcast 

On April 24, the Financial Institutions practice held a webcast to discuss new trends in executive compensation in today’s uncertain economic climate. The presentation, which covers how banks are taking the weakening economy and slumping housing industry into account when creating their incentive bonus plans, is available online for replay.

Grant Thornton's 15th Bank Executive Survey 

This comprehensive study captures bank executives' opinions and plans for the year ahead on topics including the national economy, growth strategies, credit and lending, technology, risk management, corporate governance and compensation.

SEC proposes 'naked' short selling anti-fraud rule 

The Securities and Exchange Commission (SEC) has proposed Rule 10b-21, which would classify abusive "naked" short selling as fraud in an effort to safeguard investors and protect the integrity of the markets.