Inside the Prop Trading Exodus
Despite being given plenty of wiggle room by regulators to comply with
the Dodd-Frank Act's ban on proprietary trading, Wall Street's biggest
banks are wasting no time dismantling their prop desks.
Buy, Sell or Hold With Twitter?
As a U.K. hedge fund taps the social network to predict market moves, industry participants argue that Twitter may be ineffective - or even dangerous - as a sole forecaster.
Restarting the Engines of Growth
The process of becoming a public company is broken. The SEC needs to reform the rules to revive the stalled IPO market and spur growth.
Firms Adopt New Tools to Aggregate Reports
To meet client demand for transparency and minimize risk, asset and wealth managers are dumping unweildy spreadsheets for technology that streamlines and automates report aggregation, including cloud-based, best-of-breed and in-house solutions.