Robots, remote hires, and insourcing: A top UBS exec lays out how the Swiss bank is tackling the future of work
UBS's COO gives her outlook for the bank's use of robots; insourcing; remote hiring; its real-estate footprint; and business-continuity sites.
Investors are flying blind during the pandemic when it comes to valuing private shares — and it could be what finally makes unicorn profitability a must-have
Investors typically rely on company projections and disclosures to estimate valuations, but the pandemic has disrupted forecasts and delayed filings.
There's never been a better time for banks to buy fintechs, according to a Capital One cofounder. Here's why both sides need each other more than ever.
Nigel Morris, who cofounded Capital One and spent 10 years as its president and chief operating officer, explained why the two sides need each other.
Analysts said "Trump won't look good if he has the whole world watching him, and he produces a small water pistol and not a bazooka."
Warren Buffett's Berkshire Hathaway lost Bill Gates as a director this year. Here are its 14 board members.
Buffett's board still includes right-hand man Charlie Munger, and former American Express, Yahoo!, and NBCUniversal executives.
These are the top 5 UK financial institutions ranked by the mobile banking features consumers value most
Business Insider Intelligence's first annual UK Mobile Banking Competitive Edge Study shows 72% of all UK respondents use mobile banking.
FINTECH MEGADEALS: How FIS-Worldpay, Fiserv-First Data, and Global Payments-TSYS will reshape the payments landscape
Business Insider Intelligence explores key drivers fueling consolidation in the payments space and analyzes three massive payments acquisitions.
TECH COMPANIES IN FINANCIAL SERVICES: How Apple, Amazon, and Google are taking financial services by storm
Business Insider Intelligence examines how Apple, Google, and Amazon are gaining a larger foothold in the global financial services industry.
Business Insider Intelligence has created an infographic showcasing compelling statistics from its recent payments and commerce research.
Stocks snapped a three-day winning streak amid mounting concerns that the US-China conflict is escalating.
Only $548 billion worth of bonds were sold at the same time last year, Bloomberg reported, and the $1 trillion level wasn't reached until November.
THE GLOBAL NEOBANKS REPORT: How 26 upstarts are winning customers and pivoting from hyper-growth to profitability in a $27 billion market
This report explores how the neobank market has grown rapidly, and what's in store as the industry pivots from hyper-growth to sustainability.
Days after layoffs, an Uber exec sold over half her Uber stock for $8.6 million, while cofounder Garrett Camp has sold $69.6 million in stock since March 12
Jill Hazelbaker, who runs Uber's marketing, got tongues wagging by a big stock trade during these troubled times.
"The housing market is continuing its path to recovery as various states reopen, leading to more buyers resuming their home search," said Joel Kan.
Web traffic data shows the biggest winners and losers across 11 different industries during the pandemic: Interest in Chipotle soared while Gucci traffic sank
Data from SimilarWeb shows just how much busier pandemic traffic for darlings like Zoom and Peloton have been since people were forced to stay inside.
A smart home startup just raised $60 million from Amazon, Fifth Wall, and Bain days after launching an app that lets residents give remote access for deliveries, guests, and self-guided tours
SmartRent provides keyless entry, smart lights, and other software for apartment units and was launched by former Invitation Homes and Starwood Waypoint executives.
LATIN AMERICA FINTECH LANDSCAPE: An inside look at 5 of the most innovative regions propelling the LATAM fintech market to surpass $150 billion
This report identifies five key fintech markets in the region that provide meaningful insights into Latin America's fintech ecosystem.
US firms "bore virtually all of the cost" of the new tariffs, the Fed's report said, eating away at earnings over the two-year conflict.
IBM is ditching a big WeWork office in NYC, revealing the risks of the popular flex-space model as the pandemic prompts Blue Chip companies to rethink real estate
WeWork had heralded IBM's lease at 88 University Place as an important shift in its business from startups to Fortune 500 firms. Now IBM is exiting.
Wall Street firm that nailed the market bottom now expects the S&P 500 to jump 8% by the end of August
Stifel previously called for a 15% relief rally on March 19, two trading sessions prior to the March 23 bottom.
These are the 8 mega-billionaires who have gotten the biggest boost to their net worth this year as the world has grappled with coronavirus
Markets have been on a rebound rally since bottoming in March. While the S&P 500 and Dow are down this year, the Nasdaq erased 2020 losses in May.
It is "a positive for the economy as more people are going back to work as states begin the re-opening process," said Chris Zaccarelli of the IAA.
How 23 rising star enterprise VCs got their start in venture — and what other rookie professionals can do to break into the notoriously exclusive industry
Outside of building a robust professional network, several VCs advised building out technical expertise in a specific industry within enterprise tech.
I drove a $29,000 Toyota Corolla to see if the legendary sedan rose above basic transportation — here's the verdict
The Corolla has long been thought of as great, affordable, entry-level transportation, but this four-door has actually become more than that.
Disney World plans to reopen its parks in July after closing due to the coronavirus. The overall median wage for amusement park workers is low.
MORGAN STANLEY: Buy these 23 high-growth stocks that look poised to deliver market-beating returns over the long term
A team of Morgan Stanley equity analysts make a case for 23 stocks they "expect to grow strongly well into the future."
JPMORGAN: Economic reopening isn't enough to drive a consumer spending rebound, credit-card data show
Trends across states with varied reopenings suggest "lifting formal restrictions has not been enough to restart consumers' engines," JPMorgan said.
Samsung rolled out the first set of offerings for Samsung Money, its debit card and cash management account launched in partnership with SoFi.
An anonymous investor on Reddit claimed he turned $100,000 into $2.2 million, and says he's now betting big on a cruise line
Sharing his trading tale of profit on Reddit, the investor posted a screenshot showing sizeable gains made over the past four years.
Goldman said "a security whose appreciation is primarily dependent on whether someone else is willing to pay a higher price for it is not a suitable investment..."
The surge in such charges arrives as consumer spending plummets, leaving card issuers and consumers at a rapidly growing risk of losses.
LendingArch is expanding to the US and is well positioned to find uptake in the market since it already has a foothold through existing partnerships.
Billionaire investor Bill Ackman took a 'pretty large stake' in a mystery company during the market meltdown, then sold it weeks later
Ackman's Pershing Square fund dumped the shares and reinvested the proceeds in its existing holdings.
Starling's plan to reach profitability in early 2021 and launch an IPO have been delayed by the coronavirus
Starling's plans for reaching a break-even point and launching an IPO in the longer term have been delayed by the effects of the pandemic.
Billionaire Ray Dalio is one of the world's richest hedge fund managers. Here are his best quotes on everything from the markets to meditation.
Ray Dalio who founded Bridgewater Associates, made a whopping $2 billion last year according to the Institutional Investor's Annual Rich list.
"At this pace, claims won't be back below 1 million until September," said Ian Shepherdson, chief economist at Pantheon Macroeconomics.
Bankruptcies have hit the fastest pace since the Great Recession — and more companies are expected to file
This year alone, 98 companies have filed for bankruptcy, the most since 2009, according to Bloomberg data. It's likely even more will file.
David Herro was the world's best international stock picker for a decade straight. He breaks down 8 stocks he bet on after the coronavirus decimated markets — and 3 he sold.
David Herro's unexpected stock picks won him acclaim in the past. After the market crash, the hunt for new opportunities had him busier than ever.
A part-time real-estate investor quit his traditional job 5 years after snagging his first deal. He shares his no-hassle strategy that's allowed him to travel the world with his 6 kids.
"At the time, I was a real-estate newbie — I didn't really know anything," said Erik Schauman in an exclusive interview with Business Insider.
From warehouses to office space, real-estate markets are being turned upside down — and these are the winners and losers
Flex-office firms are struggling, and companies are rethinking leases for offices. Meanwhile, demand for warehouse space is emerging as a bright spot.
WeWork is grappling with a fresh setback after the pandemic emptied offices. Here's the latest on job cuts, financials, and legal battles.
After a failed IPO, coworking giant WeWork has been struggling to turn itself around. Here's the latest on job cuts, legal battles, and more.
Mohamed El-Erian compared coronavirus stimulus packages to a poker game, and warned policymakers going 'all in' could backfire
El-Erian suggested clearly outlining metrics of success and course-correct if needed since policymakers are prone to "acting in the fog of war."
Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost $2 billion loss after the car-rental giant's bankruptcy
Icahn sold his 39% stake in the car-rental giant for less than $40 million after it filed for bankruptcy last week.
WeWork is set to vote on adding 2 new independent board members after big investors suing SoftBank unsuccessfully tried to stop it
Two of WeWork's board members are fighting moves to install a pair of directors who they say could decide the fate of a lawsuit against SoftBank.
Ackman's Pershing Square fund sold its $1 billion stake in Berkshire to free up cash in case prices fall again.
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008
The intertwined stories of Hertz and Advantage reveal how dozens of financial and strategic blunders sank both firms into massive debt.
Jeffrey Epstein is the subject of a major Netflix docuseries. Here are the key moments from the convicted sex offender's past, famous connections, and controversial death.
The multimillionaire faced charges in the sex trafficking of teenage girls. He died by apparent suicide in the Metropolitan Correctional Center.
The falling rate of weekly claims suggest the US is "well beyond the peak of inflows into unemployment," said Deutsche Bank economist Justin Weidner.
Stocks got a boost in midday trading when chipmaker Micron issued a quarterly sales forecast that beat estimates.
A lack of stricter job-preservation policies and expanded unemployment benefits will prolong the US's labor-market recovery, Goldman economists said.