Tag:
trading
Latest Headlines
Latest Headlines
Internal politics plays role in JPMorgan trading debacle
The New York Times offers an interesting take on the disastrous trades that has cost the banks more than $3 billion in paper.
Risk manager figures prominently in JPMorgan drama
Before the JPMorgan $2 billion (and counting) trading fiasco, the MF Global fiasco that resulted in the loss of $1 billion (or more) of customer money dominated the headlines.
BlackRock eyes market making
It was huge news when BlackRock let it be known that it was developing an electronic trading platform to facilitate fixed-income trading, one that would cross trades among buyers and sellers directly, disintermediating traditional dealers.
Trading compliance a big hedge fund issue
In the wake of the 2008 financial crisis, a sea-change in the hedge fund industry has taken place, one that has led to the rise of much more empowered limited partners.
Goldman Sachs inks yet another settlement over charges
The twist this time is that the offenses may reflect some recidivist behavior.
Trading picks up, investment banking could follow
The earnings picture has improved for the big bulge bracket banks.
Customers love, hate Goldman Sachs
Despite plentiful evidence that the bank doesn't always treat its clients well, it does not appear to have lost many clients in the corporate world.
JPMorgan reveals trading revenue details
JPMorgan has taken the unusual step of revealing details about its market making activity, notes Breakingviews .
Goldman Sachs bullish on Morgan Stanley
Morgan Stanley CEO James Gorman made news in February when he revealed that a critical goal for the bank was to boost bank's market share in fixed-income trading to roughly 8 percent, compared...
IBM wins patent securities pricing
Securities Technology Monitor notes that IBM was awarded U.S. Patent US7865332 for a “scaled exponential smoothing for real time histogram” this month, which covers a method for...
