Found this great little deal calculator http://www.zdnetasia.com/downloa...
3 hours 43 minutes ago by winstoncranford on topsyZDNet is available in the following editions:
JP Morgan plans to unveil an online private banking service Monday as it continues to build a US$1 billion electronic business initiative.
The service will cater to wealthy individuals with at least US$1 million in investment assets, according to sources. Private banking services offer advice on such topics as structuring trusts and diversifying assets.
JP Morgan officials declined to comment. A press conference has been scheduled for Monday.
The service will build on JP Morgan's US$1 billion the company plans to invest on its technology strategy this year. The plans involve investing in various ventures inside and outside the company. The service that will be unveiled Monday will add to the five technology services the company has rolled out since June.
One of the key elements in the strategy is the formation of an electronic finance unit, called LabMorgan, which the company unveiled Thursday.
"This initiative takes advantage of all the skills and assets found throughout the firm," said Peter Miller, managing director of LabMorgan.
Brick-and-mortar investment banks are increasingly looking for ways to mine the Internet, as a growing number of online brokerages compete for their business.
LabMorgan will operate as an incubator and early-stage merchant bank for financial services and technology start-ups, Miller said.
LabMorgan will take ideas supplied from companies, individuals and even its own employees to create separate businesses that it will support with funding, advice and access to contacts in the financial markets. The unit also will consider licensing in-house concepts, Miller said.
The new unit will also oversee some of JP Morgan's earlier technology initiatives.
During the past nine months, the investment bank launched Cygnifi, an independent Web-based derivatives company; Horizon, a Net-based risk-assessment tool that's marketed to other companies; and FpML, a Web-based protocol that allows derivatives traders to exchange information.
The company also has launched several portals. MarketAxess is a multidealer trading portal, while VolCenter is designed for traders of foreign currencies and precious metals derivatives.
"LabMorgan will do more of what we've been doing but in a more formal way," Miller said. "We want to look at ideas inside and outside the firm and accelerate their product value."
Found this great little deal calculator http://www.zdnetasia.com/downloa...
3 hours 43 minutes ago by winstoncranford on topsyRT @mistertechblog: I wrote about Nexus One and Touchdown, desktop dock, Bluetooth/USB tethering, ebooks here: http://bit.ly/bRdzx0
9 hours 55 minutes ago by yklee13 on topsyRead my blog post on getting the most from your Nexus One: http://www.zdnetasia.com/blogs/m...
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Proactol
Very good explanation of JMX
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4 days 53 minutes ago by lonemavericks on diggsAnother ZTE story....
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