Knight Capital CEO Tom Joyce spoke with Erik Schatzker and Stephanie Ruhle on Bloomberg TV’s 'Market Makers Thursday about Wednesday’s trading errors and losses stemming from the breakdown, saying that the company has “all hands on deck.”
Feeling stressed ?
Nomura, whose top two executives resigned last week to take responsibility for an insider-trading scandal, was ordered by Japanese regulators to improve its securities operations.
Despite the newfound serenity of commuters' journeys, London transport authorities have continued to urge passengers to plan ahead – with a warning that Friday will be the busiest day of the Games period.
Stephen Hester, the Chief Executive of Royal Bank of Scotland, has admitted the reputation of the banking industry is at a new low, as the bailed-out bank was hit by a string of charges caused by computer mistakes and mis-selling financial products – with more to come from the Libor scandal.
Facebook co-founder Mark Zuckerberg is no longer among the world’s 10 richest technology billionaires.
LinkedIn, the biggest professional-networking website, forecast sales for the third quarter and full year that topped analysts’ predictions as it adds users and makes more money from recruitment services.
Only the good die young.
Oh Jamie, not another own goal ? Someone's gonna get it!
Credit Suisse, the fourth- biggest adviser on takeovers last year, has named David DeNunzio to be chairman of its mergers and acquisitions group, designating him one of the bank’s top dealmakers.
So much for Katherine the Great.
Royal Bank of Scotland has appointed one of its own executives to run Williams & Glyn, the branch network that is being spun out of the bailed-out bank, replacing the banker who led the successful bid to buy it.
Major private equity managers, including several billionaires, gave their best investment idea at the Milken conference.