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JP Morgan, Goldman Sachs, and Morgan Stanley Form New Data Company
Banking behemoths JP Morgan, Goldman Sachs, and Morgan Stanley are teaming up to create a company that will give them shared access to certain market data, which will help them cut data management costs.
The trio are each investing "seven figures" in the new initiative.
Here's why these highly competitive big banks are all teaming up...
Banking behemoths JP Morgan, Goldman Sachs, and Morgan Stanley are teaming up to create a company that will give them shared access to certain market data, which will help them cut data management costs.
The trio are each investing "seven figures" in the new initiative.
Here's why these highly competitive big banks are all teaming up...