Goldman Sachs just named a new chief information officer. Elisha Wiesel will take on the role, which is currently held by the tatted-up former tech exec Marty Chavez.
Like so many fund titans these days, Laurence D. Fink is betting on machines to turn around BlackRock’s beleaguered stock-picking business. Trouble is, they just might have made things worse.
Two top Senate Democrats voiced concerns Monday about the national bank regulator’s plan to offer a federal banking license to financial technology firms, questioning whether the agency had the authority to do so, among other things.
Make it a goal in 2017 to try one new financial product from a company not associated with one of the big banks.
A big Wall Street middleman is bringing in the technology behind the digital currency bitcoin to try to save banks tens of millions of dollars on fees for derivatives trades.