Why Banks and Telecoms Must Merge to Surge

In Europe last year, telecommunications and financial companies joined at a rate of one alliance a month. The trend will go global, because financial content is where the money is.

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

The story of the Morgan family and its banking empire is the story of the most powerful class of financiers ever. In the 19th century, gentleman bankers such as John Pierpont Sr. were austere aristocrats who did business with only the most powerful corporations and individuals, enjoying monopolistic control of the nation’s wealth. Though the legacy persists, these days the family will give a handshake … [ Read more ]