Institutional & Investment Banking

High-speed-trading firms pay information providers to gain access to data ahead of the rest of the market to gain an edge. "Economic data is a petri dish for high-frequency trading and highly automate… Read More

Singapore Exchange is seeking feedback on the possibility of implementing dynamic circuit breakers to protect market participants from significant price fluctuation. SGX says in its proposal that circ… Read More

Germany's Bafin is looking into rolling back exemptions to Europe's Basel III rules that allow EU banks to avoid applying the credit valuation adjustment charge in trades with sovereigns, corporates a… Read More

Gov. Andrew M. Cuomo and leaders of the state Legislature have decided to call a referendum in November on whether to amend the state's constitution to permit a major expansion of casino gambling. If … Read More

The Senate has confirmed Michael Froman, a former law classmate of President Barack Obama and a senior White House economic adviser, as the U.S. trade representative. Froman will head negotiations to … Read More

As IT departments continue to become increasingly important to financial institutions, the role of the chief information officer is also changing according to a panel of four veteran CIOs. To succeed,… Read More

Asian-Pacific markets took a big fall Thursday after Federal Reserve Chairman Ben Bernanke talked about tapering off the central bank's bond buying and data showed a decline in China's industrial acti… Read More

Asian markets were mixed ahead of Wednesday's announcements by the U.S. Federal Reserve. The Nikkei jumped 1.83% to 13,245.22, the Hang Seng fell 1.13% to 20,986.89, the Kospi lost 0.65% to 1,888.31 a… Read More

In a further indication of the impact of China's massive shadow banking industry, rates are surging in the country's interbank market as more deposits flow into wealth management products. Read More