How the JOBS Act Will Impact Hedge Funds
The recently passed Jumpstart Our Business Startups Act is about more than jobs. The new regulation is likely to drive consolidation among asset managers, and small hedge funds are in danger of being forced out of the game.
Emerging Markets Hold Breath As EU Banks Shrink
LONDON, April 30 (Reuters)- From Beijing to Bucharest,
emerging market policymakers are as worried as those in Brussels
that the rapid contraction in western European banks' balance
sheets will compound the debt crisis and further delay economic
Spanish Economy In 'Huge Crisis' After Credit Slash
Spain's sickly economy faces a
"crisis of huge proportions", a minister said on Friday, as
unemployment hit its highest level in almost two decades and
Standard and Poor's downgraded the government's debt by two
Banks May Not Be Able to Resist 'Bring Your Own Device'
User-friendly consumer devices, such as Apple's iPad, are infiltrating the enterprise and transforming workforce expectations. Despite security concerns, employee demands and the productivity gains are forcing banks to embrace BYOD.
Thomson Reuters Launches Elektron in Brazil
Interest in Brazil has increased rapidly in recent years, driving market liquidity and seeing an expanding number of domestic and international firms adopting algorithmic trading.
Electronic Trading Blooms in Latin America
Brazil, Mexico and Chile have made significant investments in their exchange technology to provide lower latency and higher throughput execution for their participants.
Hedge Funds Face Make or Break Year: Allstate
Large institutional investors
who have ploughed tens of billions of dollars into hedge funds
may rethink their allocations if the industry performs poorly
yet again this year, one large U.S.-based investor said.
State Street's Q1 Profit Crimped by Expenses
State Street Corp. said Tuesday that first-quarter profit fell 11 percent as compensation and other employee benefits surged at nearly three times the pace of operating revenue growth.
JPMorgan Gets Boost From Better Economy, Trading
An uptick in trading and dealmaking lifted JPMorgan Chase & Co's first-quarter profits out of the funk of late 2011, but the recovery fell short of the good times the largest U.S. bank enjoyed a year ago.
Why Your IT Spending Is About to Hit the Wall
The increasing demand for computing power is beginning to exceed the computing efficiencies created by Moore's Law, and financial services firms are about to feel the pain of rising IT costs more than ever before.
Upstart Exchanges Eye Spain, Final EU Frontier
Europe's aggressive new
low-cost stock markets are set to storm into the only major
European market where they still lack a significant share,
helped by the collapse of a Spanish bank plan to set up their
own rival to the main exchange.
9 Biggest Mistakes CIOs Make
Managing a multitude of IT projects with a virtually flat budget in a highly competitive environment is no easy task. But CIOs are making a number of serious mistakes in running the IT organization, such as trying to build too much internally or focusing on the wrong type of transparency, which could ultimately damage their company, and the industry at large. WS&T sat down with four experts to discuss what heads of IT departments are doing wrong. Here is the list of the biggest 9 mistak
Formula 1 IPO Pitch Ends Friday
CVC Capital Partners has set
a Friday deadline for banks hoping to play a role in Formula
One's Singapore IPO, sources told Reuters on Tuesday, in a sign
that the process for the roughly $1.5 billion IPO is formally
under way, with plans for a July listing.
Beyond Volcker: Seeing the Forest Through the Trees
Looking at the big picture, we see that Dodd-Frank leads to the removal of some of the structural barriers that exist in today's largely two tiered market structure, redistributes risk capacity within the capital markets and moves prop risk taking out of the banking system.
Prominent US Hedge Funds Enjoyed Strong 1st Quarter
A handful of prominent
hedge fund managers reported strong first quarter results after
the industry recorded dismal returns in 2011, but only a few
managed to top the performance of the rallying U.S. stock
Mobile: Data Security's New Frontier
As clients increasingly expect to be able to trade, transfer funds and do almost anything else they can do on a PC from their mobile devices, Wall Street technology executives must figure out how to protect data outside the enterprise.
Data Security: Who’s Winning the Cyber War?
The growing sophistication of cyber attacks and the proliferation of vulnerabilities resulting from the rise of mobile computing are forcing financial institutions to rethink data security and embrace new fraud-fighting techniques and technologies, including real-time monitoring.