Morgan Stanley officials vowed this week to fix the technology systems for the company's brokerage sales force, while the Peregrine and MF Global debacles have industry leaders losing faith in the futures industry. Plus, JPMorgan's new chief investment officer hopes for a return to a sense of normalcy at the firm after its own debacle.
3. Mr. Fix It
We're going to fix issues with the new technology and operations platform and make it easier for you to do business.
— Greg Fleming, president of Morgan Stanley Smith Barney, in response to complaints about the broker's technology platform.
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio