Equities trading drought spurs layoffs at Liquidnet
NEW YORK (Reuters) - Liquidnet, an all-electronic stock broker, said it laid off more than 30 employees at its New York headquarters last week, just under 15 percent of its...
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More brokers let clients borrow against their Bruegels
NEW YORK (Reuters) - Who says that Picasso on the wall can't help earn its keep? As part of an effort to woo the ultra-rich, U.S. brokerages increasingly are offering...
More brokers let clients borrow against their Bruegels
NEW YORK (Reuters) - Who says that Picasso on the wall can't help earn its keep? As part of an effort to woo the ultra-rich, U.S. brokerages increasingly are offering...
Insight: Knight’s Joyce gets reprieve but new owners want answers
(Reuters) - Through a weekend of deal-making, Thomas Joyce averted the collapse of Knight Capital, the trading firm he has overseen for a decade. Now he has to prove to...
Insight: Knight’s Joyce gets reprieve but new owners want answers
(Reuters) - Through a weekend of deal-making, Thomas Joyce averted the collapse of Knight Capital, the trading firm he has overseen for a decade. Now he has to prove to...
Analysis: Knight trading loss shows cracks in equity markets
(Reuters) - The software glitch that cost Knight Capital Group $440 million in just 45 minutes reveals the deep fault lines in stock markets that are increasingly dominated by sophisticated...
Analysis: Knight trading loss shows cracks in equity markets
(Reuters) - The software glitch that cost Knight Capital Group $440 million in just 45 minutes reveals the deep fault lines in stock markets that are increasingly dominated by sophisticated...
Banks urge Congress to extend crisis-era deposit insurance
NEW YORK (Reuters) - The expiration of special U.S. deposit insurance at the end of the year has spurred banks to lobby Congress to extend the program out of fear...
Banks urge Congress to extend crisis-era deposit insurance
NEW YORK (Reuters) - The expiration of special U.S. deposit insurance at the end of the year has spurred banks to lobby Congress to extend the program out of fear...
JPMorgan’s Dimon shuffles managers just below him
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon reshuffled managers just below him, signaling that the biggest U.S. bank is preparing for life after its famed...