Obama Struggles With Urgent Task Of Fixing Economy

September 02, 2010 President Barack Obama has declared fixing the U.S. economy his "central mission" but he has few tools to bring down nearly double-digit unemployment or jump-start the faltering recovery this year.



SEC Probes Cancelled Trades In Flash Crash

September 02, 2010 U.S. securities regulator is looking into a Wall Street trading practice in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second, only to be canceled almost immediately, the Wall Street Journal reported on Thursday.



Europe Under Pressure To Approve Financial Regulations

September 02, 2010 European Union officials and lawmakers are returning from their summer break to face a bulging in-tray of regulatory measures to approve.



Fuld Says Gov't Denied Lehman While Helping Wall St

September 01, 2010 U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said Wednesday.



US Regulators See Dodd-Frank Help On Systemic Risk

September 01, 2010 U.S. banking regulators see new powers under the Dodd-Frank financial reform law helping avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers.



U.S. Judge Approves BofA Settlement Fund

September 01, 2010 A federal judge approved the creation of a $150 million fund for Bank of America Corp shareholders as part of a settlement with the Securities and Exchange Commission over the bank's 2009 acquisition of Merrill Lynch.



JPMorgan Chase Shutting Down Prop Trading

September 01, 2010 JPMorgan Chase &Co has told commodities traders who bet with the bank's money that their desk will be shut down, as it looks to comply with new U.S. banking laws, a person briefed on the matter said.



worldflow Launches New Research App for iPad

September 01, 2010 Users of worldflow's Research Distribution Service can now distribute research directly to their customer base through their own branded iPad App.



Guidance Software Launches Unified E-Discovery Platform

September 01, 2010 Users can quickly identify relevant data sources, get metrics on total data versus potentially relevant data, and understand how much data could be eliminated, according to Guidance.



Crisis Panel to Hear from Bernanke, Lehman's Fuld

August 31, 2010 Federal Reserve Chairman Ben Bernanke and bank regulator Sheila Bair will testify this week before a U.S. panel exploring the causes of the financial crisis.



Proposed SEC Rules Could Cost Fund Firms Millions

August 31, 2010 Proposed new regulations could cost mutual fund companies hundreds of millions of dollars in distribution fees they split with partners.



Thomson Reuters Launches Elektron In India

August 31, 2010 Working in collaboration with Netmagic Solutions Pvt., the new facility at the Bombay Stock Exchange will provide co-location hosting with a managed application environment, low latency connectivity to local market data and access to the Elektron global real-time network.



FINRA Rebels Prevail But Change Unlikely

August 30, 2010 Despite an uprising among thousands of small U.S. brokerages, Wall Street watchdog FINRA is unlikely to adopt several proposals that would change the way it operates.



BofA Loses Bid To End Investor Lawsuits On Merrill

August 30, 2010 A Manhattan federal judge refused to dismiss shareholder lawsuits against Bank of America Corp and various executives and directors over the purchase of Merrill Lynch & Co during the 2008 financial crisis and disclosures about Merrill's losses and bonus payouts.



Schwab In $150 Mln Deal For ETF-Focused Firm

August 30, 2010 Charles Schwab Corp said Monday it would buy an investment advisory firm that primarily manages exchange-traded funds, a $150 million stock and cash deal meant to bolster the broker's push into fast-growing ETFs.



Bloomberg Tradebook Forges Dark Pool Transparency Agreements

August 30, 2010 Tradebook also launched its B-Dark algorithm, which contains the first analytic to deliver real-time venue transparency in dark pools, allowing traders to execute dark liquidity orders with more control and visibility.



Voltaire Announces High Density 10 GbE Switch for Efficient Scaling of Cloud Networks

August 30, 2010 Top-of-rack switch delivers new virtualization and converged data center capabilities.



Big Banks Winners From New Contingent Capital Move

August 27, 2010 Plans to make hybrid bond investors share the pain when banks run into trouble could polarise the financial sector into big firms that can afford to pay up for capital and smaller players that cannot.



Runaway Algo Shows New Rules Needed, Says Commission

August 27, 2010 A malfunctioning algorithm that caused a $1 surge in oil prices earlier this year shows the need for regulators to zero in on the risks posed by high-speed trading, an official from the U.S. Commodity Futures Trading Commission said on Thursday.



Fed Chairman Bernanke Says U.S. Economic Recovery Has Softened More Than Expected

August 27, 2010 U.S. Federal Reserve Chairman Ben Bernanke said Friday the economic recovery has softened more than expected and the Fed is ready to take further steps if needed to spur the stumbling economy.



NYSE Euronext Completes Migration of NYSE and NYSE Amex to U.S. Data Center

August 27, 2010 With the NYSE and NYSE Amex equities primary matching engines now inside the new data center, NYSE Euronext will begin the migration of its other markets as well as NYSE Technologies' diverse product portfolio that includes co-location services, direct data feeds, and trading infrastructure on-demand.



Royal Bank of Canada Profit Drops on Trading

August 26, 2010 Royal Bank of Canada said Thursday its third-quarter profit fell 18 percent, missing analysts' estimates, as weak trading activity ate into capital markets income.



Security Expert Chip Tsantes Joins Ernst & Young

August 26, 2010 Tsantes' specific areas of focus includes security program management, threat and vulnerability management, privacy and data protection and identity and access management.



Viodel Communication Solutions Launches Web Portal for Hosted Software Applications

August 26, 2010 Customers can access to software applications from Microsoft, RIM, Cisco and McAfee as a predictable month-to-month subscription service.



Infinium Capital Management Faces Civil Charges for Algorithmic Oil Trading Mayhem

August 25, 2010 A big high-frequency trading firm faces possible civil charges by regulators after its computer ran amok and sparked a frenzied $1 surge in oil prices in February, according to documents obtained by Reuters and sources familiar with the continuing investigation.



Hong Kong Monetary Authority Selects Calypso For Trading And Treasury Management

August 25, 2010 The platform will leverage functionality for a variety of front-to-back office tasks including pricing, valuation and risk management.



SimCorp Launches Version 4.8 Of Straight-Through-Processing Solution

August 24, 2010 The release features updates and new modules designed to further automate workflow processes throughout the back, middle and front office, SimCorp said.



Solace Systems And Serisys Sign Distribution Agreement For China

August 24, 2010 This agreement allows Serisys, which is based in Hong Kong and has offices in Shanghai, Tokyo and Singapore, to sell and service Solace equipment to financial services providers throughout China including Hong Kong.



RIA Clients Can Now View Their Portfolios and Performance Reports On iPads

August 24, 2010 Starting in October, Adhesion will roll out new capabilities for advisors to interact with and analyze client portfolio and practice data, complete WealthADV access for advisors via the iPad, and iPhone and Android-based apps for clients with smart phones, Adhesion said.




Neptuny Launches New Virtualization Planning Tool

Justice Department Ends Probe of Hedge Fund 'Idea Dinner'

Bank of America, Ex-CEO Lewis Deny Cuomo Fraud Charges

Fidelity: Retirement Fund Withdrawals Rise in Downturn

Intel to Buy McAfee in its Largest Acquisition

TARP Less Costly, But Not Less Controversial

NYC Unemployment Rate Slides to 9.4 Percent in July

BofA Merrill Lynch to Pay $2.5 Million in FINRA Matter

Alternative Trading Strategies Flourish for Range-Bound Equities

State Street Releases Risk Analytics and Services Products for Institutional Investors

Democrat Says Abolish Freddie, Fannie

Frustrated Investors Turn to Dividends for Income

Barclays to Pay $298 Million in U.S. Sanctions Case

Regulation May Dim Growth of Dark Pools in Asia

JP Morgan Veteran Sean Gallagher Joins Fiserv’s Investment Services Group

Senators Press SEC on Off Balance Sheet Activity

Wall Street Bonuses to Rise This Year, Says Report

Integrated Capital Solutions Launches New Managed Investment Platform To Track Trading Advisors

ICE Cuts Staff at Chicago Climate Exchange

Fixes Large and Small Debated After 'Flash Crash'

SimCorp Launches Self-Assessment Tool For Mutual Funds

The Big Interview: Morgan Stanley's Stephen Roach

Electronic Trading Reaches Maturity in Brazil, Says Exchange

Quantitative Group Spins Out of Deutsche Asset Management

US Bank Regulators Move to Replace Credit Ratings

BarCap Cuts Jobs, Slowdown Set to Squeeze Banks

Post-Meltdown, Funds Seek Reassuring Ad Tone

Bank of America Merrill Lynch Working Hard on Retirement

Nexaweb And Pyxis Mobile Join Forces To Modernize Legacy Apps For Mobile Platforms

Volcker Rule Impact Sends Shivers Through Banks

Goldman Had 10 Days of Trading Losses in Q2

Bank of America is on Double-Secret Probation

TerraNua Releases New Version Of MyComplianceOffice For Hedge Funds

Tech Hiring On Wall Street Once Again Rising Sharply

Proprietary Traders May Find Hedge Fund Life Harder

Investors, Hedge Funds Get Real About Returns

TGIF: It Would Be Great If Cell Phones Would Make Calls, Too

Merlin Securities Introduces Enhanced Multi-Prime Performance Reporting For Hedge Funds

TradingScreen To Launch Electronic Platform For Corporate Bonds

CBOE Profit Misses; Company Warns on Revenue

Corzine at the Helm, MF Global Back in the Black

DTCC Launches Equity Derivatives Reporting Repository

Cash-Rich Apple's CFO May Have World's Best Job

Another Exchange Beats Street as ICE Profit Soars

Geithner Aims to Calm Wall Street on Finance Rules

Robust Trading Helps NYSE Euronext Beat the Street

WEALTH MANAGER: Firms May Target More Reliable Returns

Firms Struggling to Implement Liquidity Risk Management Technology and Processes

Selerity Offers U.S. Earnings Preannouncement Event Data for Traders and Risk Professionals

CQG Connects Trading Platforms to TurkDEX

Fiserv Selects Omgeo Protocoll As Collateral Management Solution

The Goldman Sachs Profanity Police

The Consumer Financial Protection Bureau: The New Kid on the Block

Pyxis Mobile Appoints IT Vet As New CEO

Breaking the Sales Model in the Cloud?

Financial Firms Forge Ahead With Innovation, Survey Finds

NASDAQ OMX to Acquire Market Surveillance System Provider SMARTS

DTCC Releases New ISO Messages To Help Automate Corporate Actions Processing

Europe's Bank Stress Tests Not So Tough

Treasury Hires Morgan Stanley to Handle Citigroup Shares

Financial Advisors Spend 23 Hours A Week Online, Mobile Use Increasing

Interxion To Host Mission-Critical IT Applications For Lupus Alpha Asset Management

Windward Advisory Group Hires Veteran Tech Expert Bob Shepro

CQG Partners with Broco to Expand Trading Connectivity in Russia and Eastern Europe

NYSE Technologies Launches Order Routing Direct Connectivity Service

New Financial Regulation Bill Would Not Have Prevented Crisis, Says Former FDIC Chairman

TGIF: Goldman Sachs' Hot Advice

Sophis Seals Contract With China Re Asset Management

Wall Street's Most Underpaid? Operations and Technology, Peer Survey Finds

Performa Deploys Eagle's Investment Management Suite

Active Investor Market Offers Growth Opportunity For Online Brokerages

Tag Trends

1. Risk Management
2. SEC
3. Goldman Sachs
4. Bank of America
5. Flash Crash
6. Compliance
7. Gold Book 2010
8. Hedge Fund
9. Financial Crisis
10. iPad