"When I joined this business we were seen as second-rate bankers by the rest of the bank," says the head of transaction banking at one large bank.
Nasdaq believed it had the correct solution to fix the problem that delayed trading in the stock for thirty minutes, Eric Noll, Nasdaq's head of transaction services, said in a statement to Reuters.
While Twitter has hired a "Head of Commerce," transactions on Twitter and Facebook are far from commonplace.
The recent wave of preparations by American companies for a Greek exit from the euro signals a stark switch from their stance in the past, said Carole Berndt, head of global transaction services in Europe, the Middle East and Africa for Bank of America Merrill Lynch.
At her first meeting with Romeo after the ball, the celebrated balcony scene, Juliet negotiates her avowals of affection from him with a clear head for transactions.
Vincent Viola, who headed the New York Mercantile Exchange, recently opened Virtu Financial and lured away Christopher Concannon, former head of Nasdaq's transaction services.
Every morning someone from our team visited each of the 62 households and questioned mostly the female head of household about their transactions during the previous 24 h.
Jan Crosby, head of housing at KPMG UK, predicted transaction volumes would decrease and "stay deflated for some time – perhaps until next spring.
In December 2001, after 25 years in financial services and investment banking, Mr. Welling left his job as head of Princeton eCom, an Internet transaction processing company, and spent the first six months of 2002 re-evaluating his life.
"The golden rule was always, under no circumstances, lose money on a transaction for the intention of making money on another transaction," the Americas head of Barclays' commodities unit, Joseph Gold, said in testimony.
