Michael Bloomberg, whose business empire brought transparency to the market, has nothing against high-frequency trading and black pools, telling CNBC's " Squawk Box " "the system isn't rigged."
The core unit of Mizuho Financial Group is talking to several Asian banks about investing in their operations, a top executive said, but the lender is unlikely to make the sort of flashy deals like those done recently by its rivals.
JP Morgan CEO Jamie Dimon is used to all the glitz and glamour that his $20m salary can buy.
Jeremy Wien, JPMorgan’s head of VIX trading and a competitive poker player, is joining hedge fund Och-Ziff Capital Management Group.
Royal Bank of Scotland said first quarter-profit tripled as impairments fell and its Irish unit posted its first profit since the financial crisis. The stock soared.
The New York Stock Exchange and several affiliates will pay a $4.5 million penalty to settle civil charges over what the SEC says were repeated failures to comply with exchange rules and federal laws.
Rothschild moves into 10th place for WW M&A, up from 15th last year
Disagreement at senior levels.
Less than 5% of unauthorized financial trading cases may have been reported, said Toshihide Iguchi, whose trading losses led to the 1995 shutdown of Daiwa Bank Holdings' U.S. operations.
The Financial Conduct Authority (FCA) has banned John Christopher Hughes from performing any function in relation to any regulated activity in the financial services industry for failings related to $2.3bn unauthorised trading losses by another trader Kweku Mawuli Adoboli.
Has Ziggy Stardust finally gone for real ? Music icon David Bowie is said to have died Sunday, just days after his 69th birthday and the release of his latest album.
When the European Central Bank announced a smaller-than-expected stimulus plan last month, Brevan Howard, one of Europe’s largest hedge funds, was one of the biggest casualties. Its master fund is said to have lost $670m after misreading the runes.
The second-in-command at Standard Chartered stands to receive a pension worth almost £500,000 a year when he leaves the emerging markets-focused bank at the end of 2016.