Just about all banks are betting in innovation in some way, in an effort to drive demand in new markets such as mobile banking and in traditional markets, such as the ATM channel. Technology has long been considered the key to unlocking new revenue streams.
Not too long ago, I suggested that online banks, also called direct banks, were making a comeback.
The fake AP Tweet on April 23 that reverberated through the market has highlighted once again that powerful forces can quickly disrupt the market to a very uncomfortable degree.
A couple of years ago, the notion that Twitter could be used to develop useful sentiment indicators was all the rage. The academic support seemed credible enough, and two entities were formed to make directional bets based on such indicators.
A massive market structure issue for years has concerned the plight of small companies. Wall Street once loved trading these companies' stocks because of the massive spreads and strong volumes that lined the pockets of market makers and other traders.
Featured story:How Wall Street celebrated the Flash Crash anniversaryBy Phil Albinus
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Are you a repressed trading beast? Do you think that your "system" really works? Are you convinced that you were cut out for algo trading?
The lack of liquidity plaguing small cap companies has emerged as a big issue.
"Offshoring" is no longer the biggest trend in outsourcing.
The SEC's Mary Jo White, still fresh on the job, will not get much of a honeymoon when it comes to top priorities.
ATMs are well into their fourth decade, and they appear to be having a midlife crisis. Instead of buying a red sports car or getting a tribal tattoo with those ear gauges, ATMs are getting a new lease on life with some cutting edge tweaks.
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The next big milestone in the Dell leveraged buyout drama may well be the upcoming shareholder meeting, when the deal proposal put forward by Silver Lake and Michael Dell will be voted on.
When it comes to switching to the buy-side from the sell-side, the process is starting as early as ever.