Industry experts say Wall Street mortgage-bond trading topped $2 billion in 2019 — the largest tally in a decade and a more than 550% gain from 2018.
January 16, 2020   |   View Online »
 
A small corner of Wall Street trading exploded in 2019 with more than 500% revenue growth, and that's helped bring big bank bond trading back from the dead

A small corner of Wall Street trading exploded in 2019 with more than 500% revenue growth, and that's helped bring big bank bond trading back from the dead

Alex Morrell | Industry experts say Wall Street mortgage-bond trading topped $2 billion in 2019 — the largest tally in a decade and a more than 550% gain from 2018.

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The KKR exec heading a new $2.2 billion investing push in fast-growing tech companies says he's looking far beyond Silicon Valley because valuations there can get crazy

The KKR exec heading a new $2.2 billion investing push in fast-growing tech companies says he's looking far beyond Silicon Valley because valuations there can get crazy

Casey Sullivan | The head of KKR's tech, media, and telecom growth-equity unit said he's looking for investments in places like Atlanta and southern Arizona.

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David Solomon just revealed how Goldman Sachs plans to change the way it makes private-equity investments with its own money – and one analyst thinks it could be a big driver of its stock price

David Solomon just revealed how Goldman Sachs plans to change the way it makes private-equity investments with its own money – and one analyst thinks it could be a big driver of its stock price

Dakin Campbell | The CEO said Goldman will be taking fewer private-equity stakes on its balance sheet to free up scarce capital and boost key profitability metrics.

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Visa's new investment in a startup backed by Goldman Sachs and a16z shows how financial firms are tackling the thorny issue of third-party data sharing

Visa's new investment in a startup backed by Goldman Sachs and a16z shows how financial firms are tackling the thorny issue of third-party data sharing

Shannen Balogh,Dan DeFrancesco | VGS offers a platform to store sensitive user data like medical information and credit card numbers on behalf of its customers.

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The US CEO of Colliers, one of the Big 4 commercial real-estate service providers and brokerages, says tech is more of an enabler than a disruptor for the industry

The US CEO of Colliers, one of the Big 4 commercial real-estate service providers and brokerages, says tech is more of an enabler than a disruptor for the industry

Alex Nicoll | "No one is buying a million-square-foot tower online," said Gil Borok, CEO and president of Colliers' US.

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Tech-savvy firms like Jane Street and Millennium are improving liquidity in bond trading and forcing old-school bond desks to innovate, according to investors

Tech-savvy firms like Jane Street and Millennium are improving liquidity in bond trading and forcing old-school bond desks to innovate, according to investors

Dan DeFrancesco | More than two-thirds of bond investors surveyed by Greenwich Associates think non-bank dealers are improving liquidity in the market.

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Fidelity is looking for an in with financial advisers by adding more model portfolios — and they're built with its own funds as well as ETFs from rival BlackRock

Fidelity is looking for an in with financial advisers by adding more model portfolios — and they're built with its own funds as well as ETFs from rival BlackRock

Rebecca Ungarino | Model portfolios' total market size has swelled to some $2.7 trillion, representing 19% annual growth since 2016, according to a Broadridge report.

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The full list of 130 Morgan Stanley employees who were promoted to managing director, one of the most coveted titles on Wall Street

The full list of 130 Morgan Stanley employees who were promoted to managing director, one of the most coveted titles on Wall Street

Alex Morrell | It's one of the smallest managing-director classes in years at the investment bank, which promoted 145 people in 2019 and 153 MDs in 2018.

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College-savings startup U-Nest just added $1.5 million to its seed round. Its founder explains why she's hoping to one day be partnering with the type of Wall Street firm she started at.

College-savings startup U-Nest just added $1.5 million to its seed round. Its founder explains why she's hoping to one day be partnering with the type of Wall Street firm she started at.

Shannen Balogh | U-Nest is a fintech that offers users the ability to set up a state-sponsored 529 college-savings plan on their phones.

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5 millennials who became homeowners in their 20s share their best advice for buying your first house

5 millennials who became homeowners in their 20s share their best advice for buying your first house

Hillary Hoffower | We talked to millennial homeowners to find out how they bought their first home and to hear their best advice for other first-time homebuyers.

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