About Attila

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So far Attila has created 64 blog entries.

New speakers for 4th Annual Retail Banking Forum

We have registered 3 new speakers: Usama Fayyad Chief Data Officer / Group Managing Director /CIO Risk, Finance & Treasury Technology Barclays - United Kingdom   Zoltán Paragi Third Party Sales Leader Budapest Bank – Hungary   Balazs Halasz Head of Region, Hungary-CzechSlovak Tesco PLC - Hungary   Mr. Paragi and Mr. Halasz will hold [...]

10 Epic Employee Referral Reward Boosters

Money is not working as an incentive for getting more referrals. Laszlo Bock, Google’s hiring chief wrote in his book that Google tried to increase referrals and therefore doubled its referral bonus from $2,000 to $4,000. But it didn’t help. Doubling the employee referral bonus resulted only in higher costs, with no improvement whatsoever regarding [...]

No Hollywood Ending For Compliance Officers As Liability Pressures Tighten

Waves of financial crash nostalgia are sweeping over us as fears of a repeat of the 2008 crisis send shockwaves through markets. Oscar hopeful "The Big Short" has hit cinemas, gently reminding us that some actually profited from the bubble which threatened to collapse major institutions until governments bailed them out. Inside an altogether different [...]

Accounting for expected credit losses under IFRS 9: Thoughts on benchmarking, calibration and the economic value

After the release of the new impairment standard in July last year, financial institutions started to crunch numbers to get a feeling of the impact of expected credit losses on their allowances. On the one hand, inclusion of lifetime losses in accounting for financial instruments is a logical and consistent step towards adequate consideration of [...]