You may soon be able to see every conceivable outcome of a wager, say on interest rates, over many time horizons - thanks to computers that rely on the uncertainty at the root of all matter.
U.S. investment bank Morgan Stanley will close its base metals trading desks globally as part of a plan to cut up to 25% of jobs in its fixed income and commodities division, a source at the company told Reuters on Tuesday.
Willing to pay higher costs to do business in the U.S.
A former Jefferies & Co. Managing Director accused of lying to customers about bond prices had his conviction overturned, setting back government efforts to hold individuals accountable for alleged wrongdoing on Wall Street.
Morgan Stanley has announced that Alistair Darling has been elected to the Company’s Board of Directors. His appointment is effective January 1, 2016.
Craig Wright has been named as one of the mystery men who could be behind the cryptocurrency Bitcoin.
The world’s leading oil producers are preparing for the possibility of oil prices halving to $20 a barrel after a second day of financial market turmoil saw a fresh slide in crude, the lowest iron ore prices in a decade, and losses on global stock markets.
Britain’s economic recovery remains too reliant on debt-fuelled consumer spending, a leading UK business organisation has warned, as it downgraded its growth forecasts in the face of a manufacturing slowdown.
The number of UK visa applications by wealthy foreigners has collapsed after the government doubled the required investment threshold from £1m to £2m late last year.
Alice Adams loved numbers, having spent more than 10 years in finance as an asset manager for several London-based banks. But she also loved books and secretly wanted to write one of her own.
Hedge funds and other western investors have been piling into gold this year, pushing investment to a record high and driving the price of bullion to its biggest first-half gain since 1980.
London slipped from fourth place to tenth in the Schroders Global Cities 30 index, as a result of the U.K.’s vote to leave the European Union.