Wall Street is characterised by high levels of market concentration; a few key players dominate both financial markets as well as the FinTech industry that serves them. In this DerivSource podcast we explore the roots of market concentration, why this leads to high levels of partnerships between competitors (co-opetition) and why Wall Street needs startups, even though many are destined to failure.
Co-Opetition: How Start-Ups and Partnerships Keep Wall Street Competitive
By
Emily Fraser Voigt
|
on June 27, 2017
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