A move to introduce post-trade reporting in Treasuries would shift the market for U.S. government debt closer to the approach in corporate and municipal bonds
(Bloomberg) -- Billionaire Steven Cohen has a way to raise money from outside investors prior to 2018, the year he can resume running hedge funds under a January settlement with the U.S. Securities and Exchange Commission...
(Bloomberg) -- BlackRock Inc., the world’s largest money manager, said first-quarter profit fell 20 percent as a global stock-market slump early in the year crimped revenue and the firm cut jobs...
(Bloomberg) -- Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. The stock fell in early trading in New York...
(Bloomberg) -- Mossack Fonseca & Co. said it’s cooperating with investigators after Panamanian prosecutors raided the offices of the law firm whose offshore tax haven leaks have focused scrutiny on world leaders from Europe to Asia...
Every day, electronic trades representing trillions of dollars’ worth of equities, derivatives, currencies, and fixed-income assets pass under this roof
(Bloomberg) -- The Massachusetts Securities Division recently fired a shot heard around the robo-adviser world when it declared that the online financial advisers may not be up to snuff as fiduciaries for investors. If that's the case, it...