The FT’s Michael Skapinker responded to a letter from 17 leading City of London figures saying: “It is essential to restate and affirm the social purpose of financial institutions … Through work we all seek to realise ourselves as people, provide for our dependants and make a contribution to the social good.” What’s it mean [...]

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Fifty-nine percent of tier-one banks are implementing virtualisation in IT, according to KRC Research in a report commissioned by Microsoft. Curious that Microsoft sponsored such a report – industry experts have long thought the company had a very limited interest in virtualisation because it would reduce the number of Windows licenses an enterprise needs. Microsoft [...]

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