Instinet, a global leader in electronic trading and agency- only brokerage services, has announced a reciprocal liquidity agreement between its Asia-Pacific broker-dealer units and JPMorgan, broadening the Asian liquidity access opportunities available to each firms’ institutional clients.
And still the job cuts come.
Oh no they aren't!
By Patricia Dredze
What's in a name ?
The Financial Industry Regulatory Authority (FINRA) has announced that it has fined Citi International Financial Services LLC, a subsidiary of Citigroup, Inc., $600,000 and ordered more than $648,000 in restitution and interest to more than 3,600 customers for charging excessive markups and markdowns on corporate and agency bond transactions, and for related supervisory violations.
Jefferies has announced its financial results for its fiscal first quarter ended February 29, 2012.
RBC Wealth Management will acquire the Latin American, Caribbean and African private banking business of Coutts, the wealth division of Royal Bank of Scotland Group. The business has client assets in excess of US$2bn.
In case you missed them, here's last week's top stories.
Well, the truth will out - God's bankers weren't Goldman Sachs after all; it was those good old boys over at JPMorgan Chase all the time.
The French financial state prosecutor has requested that HSBC’s Swiss private bank be sent to criminal trial over a suspected tax-dodging scheme for wealthy customers.
A year after his "Flash Boys" book rocked Wall Street, Michael Lewis says the market's "invisible scalp" persists.
The Bank of England has warned the financial community against complacency in the wake of a series of “short sharp shocks” in markets over recent months that it said could happen more frequently.