Sales & Marketing news

• A secretive Chicago trading firm is planning to move bitcoin trading out of chatrooms and into the 21st century

  09-06-2018 22:40 via feedproxy.google.com
  Jump Trading, a Chicago-based firm, has built an OTC platform for electronic bitcoin trading, according to people familiar with the matter.
  Its graphical user interface allows it to trade with counterparties electronically in a way that leaves a clear audit trail and records, rather than via phones or Skype.
  The development shows the company is seriously exploring the crypto market and is a sign that market is maturing.
  Cryptocurrencies are viewed by many of their evangelists as one of the most
  
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• Citi scrutinized the investment accounts of thousands of its super-rich clients, and the findings reveal crucial lessons for every investor

  09-06-2018 18:08 via feedproxy.google.com
  Citi Private Bank studied the accounts of 6,000 clients who invested locally, to see how they stood up to those with more global portfolios. 
  The bank's global head of investments and global chief investment strategist recently sat with Business Insider to discuss the findings, and what they're advising clients do with their money. 
  Citi Private Bank serves ultra-high-net-worth individuals with accounts of at least $25 million.
  Investors are under no obligation to listen to insights fr
  
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• 'Every important decision-maker is flown out there': Morgan Stanley is raiding Silicon Valley for the best tech ideas of 2018 (MS)

  09-06-2018 18:00 via feedproxy.google.com
  Morgan Stanley's Silicon Valley tech summit is underway.
  The firm has sent a legion of decision-makers to the West Coast to find the next tech companies to partner with.
  It is meeting with more than 150 technology providers in Palo Alto, California, this week.
  When most big banks seek out vendors to help them rejuvenate their tech infrastructure, they set up calls and get meetings on the calendar. But Morgan Stanley, in a sign of the growing importance of partnering with the right tech firms, je
  
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• Trump makes stunning reversal, says there should be 'no tariffs, no barriers' at G7 summit weeks after imposing huge tariffs on US allies

  09-06-2018 17:07 via feedproxy.google.com
  President Donald Trump suggested to the G7 leaders that the world should eliminate all tariffs, trade barriers, and subsides in order to promote free trade.
  The idea comes weeks after Trump imposed huge tariffs of steel and aluminum imports from the European Union, Canada, and Mexico.
  The suggestion took the G7 leaders aback, reports said.
  While Trump seemed to reverse course, the president also kept up his complaints about trade deficits.
  President Donald Trump suggested a radical change to the
  
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• JPMorgan has poached a top banker from Morgan Stanley in one of the hottest hiring areas in investment banking (JPM, MS)

  09-06-2018 16:05 via feedproxy.google.com
  JPMorgan Chase has hired a senior investment banker from Morgan Stanley to add more firepower to the firm's industrials coverage.
  Lawrence Steyn joins JPMorgan as a vice chairman and was previously a managing director covering industrial companies at Morgan Stanley.
  While industrials deal activity hasn't been outsized in 2018, it's been among the hottest sectors for banker moves this year.
  JPMorgan Chase has hired a senior investment banker from Morgan Stanley to add more firepower to the firm's
  
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