AP Photo/Bebeto Matthews After taking over Wall Street, the Fearless Girl has invaded Cannes. Asset manager State Street — and advertising agency McCann New York — put a bronze statue of a defiant girl in front of Wall Street’s iconic charging bull statue in February. It was part of a campaign by State Street to pressure companies […]

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get this newsletter delivered straight to your inbox.  The S&P 500 is up 9% so far this year, and it would like to thank its most trusted allies: high-flying tech stocks. But the benchmark’s reliance […]

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get this newsletter delivered straight to your inbox.  Wow. Amazon is buying Whole Foods. The online giant said Friday it was buying the high-end grocer for $ 42 a share in an all-cash deal, valuing […]

YouTube/IBM IBM is unleashing Watson, the tech company’s artificial intelligence platform, on financial regulations.  On Wednesday, the New York-based technology firm, rolled out a suit of software solutions that will help financial institutions manage their regulatory responsibilities. “Essentially, we’re embedding our deep regulatory experience into Watson so that a broader group of professionals can benefit from […]

AP Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Retail bank branches remain stubbornly relevant, despite an onslaught of digital and tech innovations. But bank tellers’ days in those branches could be numbered. The largest banks in the US have been investing millions in updating the capabilities […]

Thomson Reuters Sen. Elizabeth Warren (D-MA) speaks with the media following the Democratic policy luncheon on Capitol Hill in Washington Sen. Elizabeth Warren (D-MA) is calling for an investigation into TransDigm (TDG), an aerospace parts manufacturer that services the Department of Defense. The stock is down 3% on the news. In a letter obtained by CNBC, […]

Reuters Everyone on Wall Street seems to agree that blockchain is going to be a game-changer.   The technology is thought to have the potential to improve productivity across Wall Street in areas such as as banking, payments, and the capital markets. But the degree to which blockchain will revolutionize financial services is really anyone’s guess.  Blockchain became a ubiquitous Street […]

Reuters/Mark Blinch A Bitcoin sign is seen in a window in Toronto. Wall Street is convinced that blockchain is set to radically transform the world of finance. But exactly how and when that transformation will transpire is uncertain.  Blockchain, which gained notoriety as the technology behind the cryptocurrency bitcoin, is thought to have the potential to improve numerous businesses including banking, […]