U.S. banks make cool technology, realize it can be sold
(Adds line to say Thomson Reuters (Dusseldorf: TOC.DU – news) is parent company of Reuters)
By Olivia Oran
March 15 (Reuters) – Big Wall Street banks, after spending massive amounts of money and time to get their old, creaking systems in better shape, are now trying to sell technology they’ve developed in-house to other companies.
U.S (Other OTC: UBGXF – news) . banks including Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co (Xetra: 850628 – news
Read more »