free website hit counter
Money

Morgan Stanley is using Snapchat to recruit the next generation of bankers (MS, SNAP)

  • Morgan Stanley is using Snapchat to recruit the next generation of bankers (MS, SNAP) Morgan Stanley is using Snapchat to recruit the next generation of bankers (MS, SNAP)

    Morgan Stanley is using Snapchat, the popular messaging app, to welcome back college students at 19 universities across the US.  On Wednesday, students at UPenn, Harvard, Villanova, Howard, and 14 other college campuses were be able to snap a picture with a Morgan Stanley themed geofilter. “We’re always looking for new…

  • A new website wants to be 'CNBC for cannabis' A new website wants to be ‘CNBC for cannabis’

    A new website launched Tuesday aims to be the cannabis industry’s preeminent source for in-depth financial reporting.  The Green Market Report will publish news briefs on all facets of the cannabis business, including banking issues, investment, cultivation and extraction, as well as cannabis stock prices and wholesale prices.  Debra Borchardt, a financial journalist…

  • JPMorgan's quant guru says cryptocurrencies have 'some parallels to fraudulent pyramid schemes' JPMorgan’s quant guru says cryptocurrencies have ‘some parallels to fraudulent pyramid schemes’

    JPMorgan’s global head of quantitative strategy has joined his boss, CEO Jamie Dimon, in the growing legion of anti-cryptocurrency crusaders. In a client note on Wednesday, Marko Kolanovic said cryptocurrencies as a whole had “some parallels to fraudulent pyramid schemes.” The comments come a day after Dimon called bitcoin a…

  • One graphic explains everything going on in money management right now (BLK, WETF, BX) One graphic explains everything going on in money management right now (BLK, WETF, BX)

    You might have heard that the money management business is changing.  On one hand, passive funds, which track an index and charge minimal fees, have hoovered up assets at a high rate over the past decade. Credit Suisse is forecasting that passive funds could make up 50% of US equity retail assets…