Finance

Jamie Dimon declares war on fintechs — New state of alt data — The ‘untouchable client’


7Park Data is killing off the data streams it sells to hedge funds after being sold to another Vista Equity Partners portfolio company

Alternative data

Alternative data’s use is exploding, and so too are worries about a regulatory crackdown
Shayanne Gal/Business Insider

Vista-owned 7Park Data, which Insider recently reported was acquired by a Apptio, is shutting down its data feeds. See more here


‘Let us do the work first’: Incoming Citigroup CEO Jane Fraser fends off tough questions about how she’ll right the ship as Mike Corbat prepares to exit

jane fraser

Jane Fraser
Julian Restrepo/Citigroup via AP

Jane Fraser, Citigroup’s soon-to-be CEO, had plenty of tough questions to field from analysts during the bank’s fourth-quarter earnings calls with analysts. Get the full rundown here.


JPMorgan CEO Jamie Dimon wants to win the war against fintechs, expecting ‘tough, brutal’ competition in the next 10 years

jamie dimon

Jamie Dimon
REUTERS/Yuri Gripas

JPMorgan CEO and chairman Jamie Dimon had some choice words for fintechs the bank might find itself coming against for clients. Find out more here.


JPMorgan eyes commercial bank’s international expansion with goal of $1 billion in revenue. ‘This is an extraordinary opportunity to hire bankers.’

JPMorgan CEO Jamie Dimon.

JPMorgan CEO Jamie Dimon.
AP Images

Speaking of Dimon, he also highlighted how JPMorgan is making an international push with its commercial bank. Read more here.


Merrill Lynch’s pipeline for new advisors ‘in limbo’ as the firm overhauls training program and issues over cold-calling violations persist

Brian Moynihan

REUTERS/Robert Galbraith

Get the scoop on the latest drama surrounding Merrill Lynch Wealth Management and its training program for financial advisors. Find the full story here.


Morgan Stanley just promoted 171 people to managing director — here are the names

james gorman

REUTERS/Yuri Gripas

Read the full list of Morgan Stanley’s new managing directors. See more here.


How humans outperformed the machines in 2020 at $6 billion Schonfeld Strategic Advisors

Steven Schonfeld, Ryan Tolkin, Andrew Fishman

Steven Schonfeld and his senior management continue to grow their team.
Michael Nagle/Getty

Human’s beat the machines at Schonfeld this year as far as performance. Find out how here.


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