JPMorgan spends $11 billion on technology. But a top exec at the giant bank says some clients don't want it to be a tech company.

At Business Insider's IGNITION conference, JPMorgan's head of digital banking Huw Richards said in less five years, the bank's tech insight will be a core offering.

June 11, 2019   |   View Online »

JPMorgan spends $11 billion on technology. But a top exec at the giant bank says some clients don't want it to be a tech company. Bradley Saacks | At Business Insider's IGNITION conference, JPMorgan's head of digital banking Huw Richards said in less five years, the bank's tech insight will be a core offering. Read More »

A Goldman Sachs exec explains why the bank isn't sweating concerns over the Apple Card's profitability Alex Morrell,Dakin Campbell | Credit-card competitors have cast doubt on the Apple Card's profit potential. Goldman's Omer Ismail sees the card as a tool to build customer loyalty. Read More »

The head of tech for Citigroup's global consumer bank points to 2 key themes for managing its $8 billion tech budget Dan DeFrancesco | Gavin Michael, head of technology for Citi's global consumer bank, detailed areas of focus for the bank at Business Insider's Ignition conference. Read More »

Marshall Wace joins hedge funds in piling more than $1.3 billion into short bets against Woodford-linked investments Trista Kelley | AQR is also among funds shorting Hargreaves Lansdown, a backer of Woodford's fund. Another Woodford holding, Burford, lured Odey Asset Management. Read More »

Goldman Sachs is sending much less mail to potential Marcus customers. A senior exec lays out the reason why. Dakin Campbell | Omer Ismail explains why direct mail — a cornerstone of the consumer-loan industry — has become a smaller part of its strategy to get new customers. Read More »

'We're going to get rolled': Billionaire investor Stanley Druckenmiller breaks down why the US is headed for devastating losses to China in the trade and tech wars Akin Oyedele | Druckenmiller warns the US is on course to also lose the tech cold war as it ramps up antitrust investigations into tech giants. Read More »

Barclays just made its interim head of global markets permanent as its management reshuffle continues Trista Kelley | The London-based bank announced Stephen Dainton's status change in an internal memo to employees on Monday. Read More »

Here are the 10 fastest-growing cloud software apps of 2019 so far, according to the startup that connects them all Rosalie Chan | These include apps for specific niches like real estate, marketing, and freelancing, as well as apps from tech giants like Facebook and Google. Read More »

The biggest US health insurer and a top private-equity firm are likely buyers for $1.6 billion Magellan Health, according to Leerink Clarrie Feinstein | Magellan Health is likely to be acquired for about $85 to $90 a share, according to Ana Gupte at SVB Leerink. A deal could come within a month. Read More »

A Wall Street firm calculated exactly how deep losses will be if the swelling debt bubble bursts — and its findings paint a grim picture for the market's future Christopher Competiello | UBS recently laid out potential catalysts and uncertainties surrounding a credit crunch that could befall markets as soon as 2020. Read More »

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