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Why Barclays is in a pickle: Meet the Martin Act

Barclays Eagle

The suit New York Attorney General Eric Schneiderman has brought against Barclays, accusing the bank of running its dark pool for the benefit of high-frequency traders, has all Wall Street wondering: What will Barclays do ?

Bank of New York Mellon to move HQ

Wall Street sign

Bank of New York Mellon will move its headquarters to lower Manhattan’s Brookfield Place as part of an effort to scale down its office space and streamline operations.