Alex Morrell,Yutong Yuan | COO Tom Montag oversees one of the most formidable FICC divisions on Wall Street. Here are his top executives and lieutenants.
Alex Nicoll | Phoenix is the hub of iBuyer activity, with startups like SoftBank-backed Opendoor gaining traction. The model's expansion has centered around the Sunbelt.
Rebecca Ungarino,Bradley Saacks | The move underscores the tug-of-war going on between asset managers desperate to cut costs and distribution platforms racing to be the cheapest.
Alex Morrell | Industry experts say Wall Street mortgage-bond trading topped $2 billion in 2019 — the largest tally in a decade and a more than 550% gain from 2018.
Bradley Saacks | Fink told analysts that he was proud Aladdin will soon top $1 billion in revenue. He cited stats that only 3% of tech startups reach that point.
Shannen Balogh | A survey of US consumers showed that the majority still think the future of banking will include at least some brick-and-mortar locations.
Bani Sapra,Dakin Campbell | SoftBank raised more than $1 billion for SoftBank Capital Partners in 1999 and plowed it into tech startups, including Webvan and Kozmo, before suffering a 50% failure rate.
Dominick Reuter | Startups with a detailed business plan are statistically more likely to succeed. Here's how to write one that works for your business.