JP Morgan, which earlier admitted financial research firm Limeglass into it’s in residence program for incubating promising start-ups, has now bought a stake in the firm. Head of Transformation & Implementation for sales and research at JP Morgan, Hussein Malik said, “We are continuously investing in technology to help deliver industry-leading content and to help […]
Wells Fargo & Co is on the verge of growing its teams working on mortgage loans process to get ready for elevated mortgage quantities. This move comes after it let go, around 1,000 employees in the same department during the year 2018, according to a report. Earlier Wells Fargo was reported in an article by […]
The Indian government’s recent ruling regarding e-commerce companies had caused enormous problems for Amazon India and Walmart-owned Flipkart, both of whom had sunk billions of dollars into the country in order to own a slice of the market. It is widely believed that the Indian government imposed these rules to make the e-commerce space far […]
The Chief Executive Officer of British banking giant Standard Chartered believes that the economic slowdown in China and the associated issues related to the trade war with the United States is gradually receding in the country. The words of the bank’s CEO Bill Winters carry a lot of weight since the British bank has a […]
Biogen Inc saw $18 billion wiped off in value in the stock market as the pharmaceutical company, and its partner, Essai Co. Ltd, stated that they were suspending the trials for two drugs for Alzheimer’s treatment. This is a huge setback for Biogen as the successful testing of the experimental drugs could have propelled the […]
Billionaire Hiroshi Mikitani who is the founder of e-commerce company Rakuten in Japan may soon impose all its 17k workers to learn to code at least entry level programming. Mikitani is considering this step as his company is facing tough competition from other e-comm giants like Amazon. He wants all his employees to get updated […]
