This startup could be the end of Wall Street all-nighters
New York-based AI startup Mosaic is creating a new kind of Wall Street, one with human hours where all-nighters no longer need to exist. Mosaic has created software that does the grunt work of building financial models. This is a painstaking task involving complex calculations that has been carried out by young bankers for many […]
JPM bankers pull all-nighters to take on clients of Silicon Valley Bank
JP Morgan’s bankers are working around the clock to underwrite hundreds of accounts for SVB clients as Silicon Valley Bank closes, sources told On the Money. According to one venture capitalist, bankers “went up all night opening accounts” for SVB’s customers desperate to move their funds to safer banks. Rumors quickly spread that J.P. Morgan […]
