Operating at the Intersection of Technology and the Capital Markets
Category: Investment Banks
If reports are true State Street has lost its way. If State Street (ticker: STT), CEO Ron O'Hanley truly hired Goldman Sachs to help he and the Board think through corporate strategy the company is toast. Any CEO who trusts his company to outsiders has lost his way. Did State Street truly need Goldman Sachs … Continue reading Is State Street Lost At Sea?
The Fed's digital U.S. Dollar will happen. The question is which FinTech firms and traditional Financial Institutions will best leverage it. The Fed will quickly become a FinTech firm and Consumer Depository Institution of primary importance once it goes live with its digital U.S. Dollar. A whole new slate of FinTech firms will rise, building … Continue reading Leveraging The Fed’s Digital Dollar
M&A activity continued to increase in Q2 2021. The S&P Global people published a short presentation that covers M&A activity across industry verticals. Click HERE to view. https://soundcloud.com/ceorater
To date approximately 90% of TEK2day content has been free to readers. That will change on September 1st when the majority of our content will move to "premium" status including 100% of our long-form content. Certain of our articles - those of the single paragraph nature - will remain free to readers. Premium TEK2day articles … Continue reading Nothing’s For Free
The Federal Reserve's forthcoming digital U.S. Dollar, also known as a Central Bank Digital Currency ("CBDC") will position the Federal Reserve as one of the world's largest FinTech companies. It also means less privacy for consumers and more competition for traditional banks and fintech companies. Central Bank Digital Currencies such as China's digital Yuan and … Continue reading The Federal Reserve Is A FinTech Company In The Making
One of the great distortions caused by the joint fiscal and monetary policy of 2020 and 2021 is that equities and the lowest-rated non-investment grade credits are two of the all too rare places where investors may earn a return. Savers and Fixed Income investors be damned. Many companies are enjoying their stocks trading at … Continue reading Investors Should Ask More of Their Management Teams
Based on the inbound traffic to our CEORater and TEK2day properties our best guess is that M&A due diligence is taking place for a deal between some combination of Fiserv (FISV), FIS Global (FIS) and Global Payments (GPN). The last time we saw this type of activity on our platform was in the several months … Continue reading Deals Brewing Based On CEORater and TEK2day Traffic?
We had a conversation with Ken Bisconti and Bob Petrocchi who together co-lead Intralinks, an SS&C Technologies (tkr: SSNC) company. Intralinks is perhaps best known for its Virtual Data Room offering - "VDRPro" - part of a larger product portfolio that customers primarily use to securely manage M&A and related transactions. We covered a variety … Continue reading TEK2day Podcast #419: Guests Ken Bisconti and Bob Petrocchi – Co-Heads SS&C Intralinks
The Committee on Banking, Housing and Urban Affairs is holding its confirmation hearing for Gary Gensler as SEC Chairman (link HERE). Gensler will need to demonstrate that he will be tough on individuals and companies that violate capital market integrity. We are confident that Mr. Gensler understands the relevant questions to ask (even if Senator … Continue reading We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman
Last night it was reported that M&T Bank (tkr: MTB) would acquire People's United (tkr: PBCT) for more than $7 billion. These "scale" acquisitions between regional banks simply delay the inevitable. What is required is the hard work of evolving business models and service delivery capabilities. More of the same won't suffice. Regional banks are … Continue reading Banks Need To Try Something New
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