Banks

Irrespective of Hard Times, Mike Bagguley Still Stands Out

Mike Bagguley attended the University of Warwick where he graduated in the year 1988 with a Bachelor of Science in Mathematics. In that case, venturing into the financial sector does not come as a surprise as it is in line with his profession. Therefore, he happens to be the Chief Operating Officer of Investment at Barclays Bank where he has also assumed other positions in various departments. Having worked at the bank for more than fourteen years, it is evident that he has gained a lot of experience which he utilizes in whatever position that gets delegated. On his part, Mike Bagguley was precisely appointed to accelerate delivery of the approach that was in place which would ensure that costs were minimized while profits became increased considerably. The fact that he has a rich background in the financial sector and an education that is related to this position, he is strategically placed to assume that position and run the bank professionally. Other than working at the Barclays Bank, Mike also happens to be a shareholder representative director at LCH Group Holdings Limited and Clearnet Group Limited a position he took up from 2011.

The position that Mike Bagguley assumes in Barclays is one that irrespective of the achievements that may be realized, it comes with challenges that are inescapable. On his part, he found himself in trouble after some five former traders in the bank became involved with charges related to rigging of rates. Individually, he had nothing much to say as he denied having been aware of such activities in the bank. Being in a senior position, he had a hard time explaining how he never noticed any unusual activities and the fact that he took an interest in this issue when the bank started an internal inquiry made him look guilty. In that case, defending himself would take a lot of time and resources, and this affected his work as he would no longer relate with his colleagues and seniors in the same way as before the scandal. Either way, his good work would vouch for him as the bank has realized a lot of improvement since he became the COO and before them was a loyal employee in other departments of the bank.

 

http://investor.marketaxess.com/news-releases/news-release-details/barclays-names-mike-bagguley-chief-operating-officer-investment

PSI Pay Provides Anonymous Payment Option for Users

PSI Pay continues to provide high-level cutting-edge innovations within the contactless payment revolution by providing convenient and safe opportunities for users to make payments anonymously with its incredible infrastructure platforms. Transactions are easily made by end users by utilizing technologies such as the contactless payment ring that was created by PSI Pay affiliate Kerv to provide a hands-free option to purchase goods and services. The new way of purchasing has become extremely popular within the millennial population and is quickly gaining an established usage rate within other age demographics. PSI Pay has provided the security and infrastructure with the backing of MasterCard.

In fact, PSI Pay is a principal member of MasterCard and continues to abide by all governmental regulations established within the EU and Britain in particular. By allowing customers to safely purchase goods and services without the utilization of cash, credit cards and other physical forms of payment, PSI Pay is continuing to revolutionize how people transfer wealth and establish an easy framework to advance this cutting-edge technology into the future.

PSI Pay provides opportunities for individuals to verify their bank transactions and balances on their smartphone which makes the review and maintenance of their contactless payment accounts easy and user-friendly. Individuals can now generate transactions with the anonymous and convenient option of swiping your hand over a terminal with their contactless ring that will deduct from there PSI Pay accounts and provide an anonymity that was not available in the past. The only way an individual anonymously make purchases in the past would be by utilizing the cash option which can be very cumbersome an inconvenient in some situations where large amounts of cash would need to be carried to make the purchases.

Also if you’re planning to make purchases at several locations you would need to bring large amounts of cash to be able to distribute to various vendors and other institutions and businesses. Because cash is anonymous, most individuals utilize this option versus using their credit cards which can be documented easily. However, with the new cutting-edge technologies such as the contactless payment ring at PSI Pay, individuals can make their purchases anonymously with convenience and ease that even surpass the option of paying in cash.

Follow PSI Pay on Twitter and Linkedin.

 

Modernizing the Finance Industry

Equities First Holdings is a well-known company that specializes in a product developed to professionally supply cash at appealing terms through a secure and transparent process. They deal with problems in the market in terms of stock loans and capital. They have a well-developed money cycle and a guaranteed security system to ensure your money is in safe hands. Equities First Holding specializes in offering efficient answers to companies and well-off individuals seeking non-purpose capital.

Since it was founded, the business has transacted more than six hundred deals and the future looks bright. Equities First Holdings prides itself on providing their customers with economically sound financial terms and lower rates. This results to a better deal than the previous available means.

Equities First Holding is a worldwide company and has its offices in all continents. notable offices are in Indiana and London. They are professionals who deliver every kind of financial arrangements depending with the borrower. They offer loans according to the risk associated with the business. High-risk businesses leads to high-value loans.The company was started in early 2002 and is headquartered in Indianapolis, Indiana United States with a satellite office in New York City. With the drive of the innovators and wide acceptance in the industry, the company grew rapidly and expanded at an astonishing rate. It has now provided employment to more than two thousand people all over the world. It provides an alternative that is different from the ones that were previously available.

The company’s stock loan uses impartiality as loan guarantee for an unchanging period, typically a term of three years. A borrower may choose to enter into a transaction with Equities First if he has stock in Company A and believes the stock will grow in value in the upcoming years. Instead of paying his position in Company A, the borrower transfers the shares as insurance to Equities First and receives the loan proceeds.One of the most important features of their stock loan is security for the borrower. If Company A’s stock values drop during the loan term, the borrower retains hundred percent of the market value at development. The investors receive more attractive positions including lower interest rates than that offered by other financing vehicles. This company was able in a short time to accomplish its goals and have a remarkable reputation in the market.

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