John Thain
![John Thain](/assets/img/authors/john-thain.jpg)
John Thain
John Alexander Thainis an American businessman, investment banker, and former chairman and CEO of the CIT Group...
amy business drive financial grateful helped improve invaluable led pricing reinvent systems work
Amy led the drive to improve efficiencies, modernized the exchange's financial systems and processes, and helped reinvent our business and pricing models. I am especially grateful to Amy for her invaluable work on the NYSE/Archipelago merger.
members merger planned pleased proposed resolution vote
pleased with the resolution of this litigation, which allows our members to vote as planned on the proposed merger on Dec. 6.
advisory asset banking continued investment management mergers performance steady strong third
The firm's investment banking advisory business, particularly in mergers and acquisitions, demonstrated a strong performance in the third quarter, and asset management continued its steady growth,
couple expect
I would expect a couple of listings by the end of the year.
advanced america among beginning broader choice compete create customers era exchange financial group held mark product provide publicly technology value wider
This will mark the beginning of a new era for the exchange and America 's financial markets. As a for-profit, publicly held company, the NYSE Group will be better positioned to grow, create value and compete globally. We will provide customers with more choice in trading, an advanced technology platform, a broader product mix, and listing opportunities among a wider group of companies.
advanced among broader choice customers group product provide technology wider
We will provide customers with more choice in trading, an advanced technology platform, a broader product mix, and listing opportunities among a wider group of companies.
absolutely among decided exchange hours looking
We are looking at the hours that the exchange opens, among other things we are looking at, and we haven't decided anything specific. There is absolutely nothing new in this.
current earn expense focus justify market revenue side sure
We have to focus on the revenue side, we have to focus on the expense side and make sure we can earn to justify the current market value.
should
Over time, all of the markets should be combined.
creating-things ideas three
To model correctly one tranche of one CDO took about three hours on one of the fastest computers in the United States. There is no chance that pretty much anybody understood what they were doing with these securities. Creating things that you don't understand is really not a good idea no matter who owns it.