How RIM Murdered BlackBerry
RIM made a number of mistakes over the years that could now spell the end for Wall Street's formerly favorite smartphone.
C.Suisse Shares Hit New Lows Amid Capital Worries
Credit Suisse shares
hit a new 20-year low on Wednesday as a board endorsement of
American chief executive Brady Dougan's strategy failed to
banish investor skepticism that he can meet demands for a
stronger capital base.
Can Social Media Sharpen Quant Models?
Experts scoff at the idea of social media-based sentiment analysis being the backbone of a trading strategy. But it could hold promise as a part of a multifactor quant model.
Inside The SEC’s Tech Department
The Commission has long been derided for being out-of-touch and poorly staffed, but the SEC has recently been quietly shaking things up in its technology department.
Twitter Double Outage Blamed On Bug
A double outage rocked Twitter on Thursday, as users worldwide reported significant down-time and slow service across the website and mobile applications of the microblogging platform.
Spain, Italy Demand Action as Debt Pressure Mounts
Spain called on Monday for
the European Central Bank to fight financial market pressures on
the euro zone, and Italy said more must be done to shore up the
bloc after the Greek election result failed to ease the strain
on both countries.
Deutche Bank Says Greek Exit From Euro Unlikely
thinks it is unlikely that elections in Greece this weekend will
lead the heavily-indebted country to leave the euro, the chief
financial officer of Germany's biggest bank said on Thursday.
Protesters Greet JPMorgan's Dimon In DC
JPMorgan Chase & Co Chief Executive Jamie Dimon's highly anticipated appearance before lawmakers on Wednesday got off to a rocky start with multiple protesters disrupting the event.
JP Morgan Knew London Traders Were A Problem
Despite his sterling reputation for risk management, JP Morgan CEO Jamie Dimon tolerated risky trades, loose limits and changes in its VaR out of the London chief investment office.
Facebook Consultant: Website's Ads Work
Marketing on Facebook influences consumer behavior and leads to increased purchases for the brands that leverage the social-networking site, consulting company comScore said in a report released Tuesday.
Investors Lose Faith In Computer Trading Models
Investors are losing faith in the
computer-based trading models that made them millions in the
bull market years, as Europe's financial convulsions have shown
how poorly they cope with the unpredictable.
Banks Still Struggle with Data Management — Capco Survey
Only 19 percent of bank CIOs described their information management program as “thriving,” while two-thirds said it was just "surviving" and 14 percent described it as "stumbling", reports the survey, which also found that investment is underfunded.
Vulture Funds Smell Blood from Spanish Bank Woes
A flock of "vulture" funds is circling over Madrid in the hope that a banking sector shakeout will finally deliver a bonanza of real estate and distressed company assets at rock bottom prices.