Huw Richards is an old-school, bond-market banker with a futuristic new role.
Reassigned in May to head digital investment banking at JPMorgan Chase & Co., he’s building out his team, seeking to add 20 to 30 people by year-end. Their mission is to find ways to use emerging technologies to make the firm’s dealmakers more competitive.
Machines will help with key parts of underwriting stocks and bonds, according to Richards. That might mean, for example, mining data and using predictive analytics to pinpoint the best time for a corporate client to tap the debt market.
He doesn’t think technology will ...
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