Financial Services, Insurance & Reinsurance – the latest on J.P Morgan’s prepaid card business, the financial services data center and more.
Rethinking The Financial Services Data Center by Greg MacSweeney Published on wallstreetandtech.com
The great boom in building financial services datacenters is over. In fact, it ended a few years ago. Although it hasn’t been that long since financial firms were opening vast new facilities with green technology and the latest datacenter design ideas to improve efficiency, the market has changed… [ Read More ]
Spending bill delays some flood insurance hikes by Andrew Taylor Published on StateJournal.com
Homeowners worried that new federal flood maps will send their flood insurance premiums skyrocketing would get some short-term relief under a provision tucked into a massive government-wide funding bill… [ Read More ]
Take Two for a Sale of J.P. Morgan’s Prepaid Card Business by Maureen Farrell Published on WSJ.com
Will the second time be the charm for J.P. MorganJPM +0.08%? This week the bank announced that it’s looking to shed part of its prepaid-card business. J.P. Morgan put part of that business up for sale last year, but a deal with one buyer already in the prepaid-card business fell apart at the last minute, according to a person familiar with the auction… [ Read More ]
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