Nasdaq has reported two outages of its Trade Reporting Facility (TRF) Tuesday.
Bill Fleckenstein of Fleckenstein Capital says the market looks uniquely "crash prone" at current levels.
Many of these are incredible.
Bank of America Merrill Lynch has hired a longtime deal specialist in the consumer and retail industries to join its mergers practice.
A former UBS trader charged as part of a U.S. investigation into Libor rate manipulation lost a bid to have the case dismissed on Monday, with a federal judge ruling that a fugitive from U.S. justice had no right to mount a legal challenge.
JPMorgan said authorities are examining what its wealth management businesses and private bank told customers when selling them the company’s own investment products and enlisting hedge funds.
U.S. federal prosecutors are investigating billions of dollars of trades Deutsche Bank made on behalf of Russian clients as recently as this year, according to people with knowledge of the situation.
In 1964, Irwin Lipkin became one of the first employees at a small New York trading firm called Bernard L. Madoff Investment Securities.
George Osborne has attempted to justify a £1bn loss on the first sale of shares in Royal Bank of Scotland by saying it was the right thing to do for the British taxpayer.
Bill Winters will probably bring little cheer to investors when he reports his first earnings since taking the helm of Standard Chartered, with analysts forecasting a capital gap of as much as $10bn.
Banking giant Barclays has no plans to move jobs out of the UK following the vote to leave the European Union, chief executive Jes Staley has said.
Deutsche Bank, which runs Europe’s biggest investment bank, may be the biggest contributor to systemic risk among the largest lenders, according to the International Monetary Fund.
JPMorgan is the latest bank to take on financial technology startups, starting a new program to foster these companies in-house as they try to find ways to operate faster, with more security at a lower cost.