Autism on Wall Street
/We noticed an interesting story in Institutional Investor recently, on the unique trials and travails of Wall Streeters who also happen to be on the autism spectrum.
Read MoreWe noticed an interesting story in Institutional Investor recently, on the unique trials and travails of Wall Streeters who also happen to be on the autism spectrum.
Read MoreSocial media may be the bane of society, but that doesn’t mean it doesn’t have uses in financial services.
Read MoreAfter several hyped IPOs failed to meet expectations, we’ll be watching this one closely to see how the market reacts.
Read MoreWith much doom and gloom predicted in the near future, advisers are hoping that comprehensive financial planning technology will make clients more “sticky” and less likely to pull money out of the market during a downturn.
Read MoreYou might have heard the news over the past few weeks: The IPO is officially dead. Yes, many were quick to claim that Uber’s less-than-stellar (and that’s putting it mildly) stock debut was the final death knell of the “IPO craze.”
Read MoreWe’ve written a bit on Uber’s IPO, one of the most anticipated stock offerings in many years. However, one person who is not sharing in the enthusiasm is Warren Buffett, who is going to pass on this one. That’s part of a larger strategy the Oracle of Omaha abides by, which is not to invest in any new stock offerings as a practice.
Read MoreThe financial world started this week to the sad news that Bart Chilton, former commissioner of the Commodity Futures Trading Commission, died at the age of 58. Chilton was known for his folksy, homespun turns of phrase and initial criticism of high-frequency trading.
Read MoreIt all started with the “original” Amazon, which changed e-commerce forever and almost single-handedly introduced the word “platformification” into the popular lexicon. Then came the “Amazon of China,” Alibaba, which successfully integrated digital payments, e-commerce, and fintech to create a world-beating behemoth.
Read MoreWe really enjoyed an interesting read from The Wall Street Journal this week on why investment banks are more aggressively pursuing mid-market deals. Any investment banker worth his or her salt typically wants to be involved with advising on the large, global mega deals that dominate news cycles.
Read More“At least for the foreseeable future, quants aren’t going to displace traditional fixed-income traders. Bonds—and especially munis—are by definition less homogeneous than equities and don’t lend themselves to perfect automation.” That’s the assessment by Bloomberg’s Brian Chappatta. In the past, Chappatta has made the point that muni-related roles have been a relative Wall Street oasis for job seekers with the required skills.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.