Remove Banking Remove Communication Remove Concentration Remove Credit Risk
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Can FinTech Walk The FinTalk?

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Digital banks. Today, corporate public relations and communication teams go to great lengths to find any angle to connect what they’re doing to the blockchain so that they, too, can ride its publicity draft. Most of that spend will be concentrated in the U.S., Digital Banks. Blockchain. Marketplace lending. Blockchain.

Banking 73
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Transcript: Kristen Bitterly Michell

Barry Ritholtz

It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. It was at Bank One, at the time. RITHOLTZ: There’s always risk involved with counterparties …. BITTERLY MICHELL: Always risk. It wasn’t even question.

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Transcript: Ted Seides

Barry Ritholtz

SEIDES: And I’ll tell you a story that’s fun about the communication of it too. The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. ” It wasn’t that they didn’t communicate that.

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Transcript: Ken Kencel

Barry Ritholtz

And what was fascinating about Drexel and kind of the diaspora, if you will, of that era was that we all basically went out looking to take that experience, particularly in high yield and kind of buyouts and financing, and do it at either banks or other investment banks. RITHOLTZ: — credit? private — KENCEL: Right.