Bank of America has been debating proposals from Chief Operating Officer Tom Montag’s subordinates to rapidly build out a European trading hub in Paris, according to people with knowledge of the talks.
As bitcoin futures start trading, enthusiasts are optimistic about a bitcoin ETF offering.
Instinet, LLC has announced that it is broadening its focus on quantitative research and development, to further expand the delivery of execution quality and consultancy for clients.
Art is expected to overtake wine as the best-performing luxury investment asset this year as a growing number of millionaires snap up contemporary masterpieces for their mansions.
The SEC has obtained an emergency order to freeze the assets of two individuals and a company to "halt a fast-moving Initial Coin Offering (ICO) fraud."
Activist hedge fund TCI, which last week forced the London Stock Exchange (LSE) to call a shareholder meeting, has set out its reasons for wanting to oust the bourse's chairman.
Saudi Arabia's stock exchange, the Tadawul, has signed an agreement with Nasdaq to revamp the infrastructure of its markets.
The Federal Reserve Bank of Richmond on Monday named former McKinsey & Co. executive Thomas Barkin as its next president and CEO.
One Wall Street strategist on Monday laid out a very bullish scenario for the market next year.
After the initial shock of the EU referendum subsided last year, Ireland’s political and business leaders began focusing on the opportunities Brexit could deliver, with Dublin touted as a new “Canary dwarf” luring thousands of banking jobs from London.
Six months ago, Tidjane Thiam was still asking Credit Suisse shareholders to pitch in billions of francs to strengthen the bank’s capital buffers. Now he’s talking about returning cash.
Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central banks has warned in its quarterly financial health check.
JPMorgan is bullish on financial stocks going into next year
BNP Paribas said on Thursday it has been building extensive transparency reporting platforms for the trading of all non-equity instruments and exchange-traded funds (ETFs) in response to new European Union rules.
Neil Chriss is shuttering his $2.2 billion hedge fund firm and returning all capital to investors, joining several veteran managers calling it quits this year.
'You should not expect anything spectacular, but something fair'.
According to one veteran technician, the Dow could hit another major milestone by the end of the year.
The private equity recruitment cycle is starting earlier than ever, forcing firms and candidates into the frenzied process before Christmas.
JPMorgan Chase CEO Jamie Dimon seems to be softening his tone on cryptocurrencies a bit but still remains doubtful the surge in bitcoin itself is sustainable.
Powell joined the Trump administration during the presidential transition, and was seen as a close ally of Jared Kushner and Ivanka Trump.