The red ink is continuing to flow in buckets at Barra, which just announced that it's going to take yet another charge against earnings due to its discontinuation of its fixed-income products. In the June quarter, the charge will be for $6 million. During the quarter ended March 31, Barra took a $4 million charge for the same reason.
But Barra's not alone in the bad news category. SS&C Technologies is also taking it on the chin, in what may be the first sign of Y2K bloodletting. The company
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails