Institutional & Investment Banking

The Hong Kong Mercantile Exchange, which closed this week, is planning a revival through a $100 million fundraising effort. However, market participants, including a key shareholder, are not convinced… Read More

Bankers are calling on officials to accelerate a plan to develop a banking union in Europe. "We understand that the process may be frustrating for the market, but for European standards, we are moving… Read More

The cost of insuring Telecom Italia's debt has increased after Standard and Poor's downgraded the company to the lowest level of investment grade. The credit rating agency based the move on a revised … Read More

Former U.S. Rep. Anthony Weiner made his first public appearances as a candidate for the New York City mayor's job Thursday. After suffering through weeks of pun-filled coverage by New York's tabloids… Read More

Robert Toomey, managing director and associate general counsel at SIFMA, explains how the association came to hold the responsibility of making recommendations on when fixed-income markets should clos… Read More

Nasdaq OMX Group will not be answering a Securities and Exchange Commission request for proposals to build a Consolidated Audit Trail, but the Financial Industry Regulatory Authority will submit a pro… Read More

Japan's Nikkei 225 was the big winner among Asian-Pacific exchanges Friday -- closing up 0.9% -- while other markets were mixed. Australia's S&P/ASX 200 fell 1.6%. Hong Kong's Hang Seng Index slid 0.2… Read More

Surprisingly weak Chinese manufacturing data for May, a rising yen and reaction to ambivalent signals from the U.S. Federal Reserve sent stocks into a slide across Asia, led by the Nikkei with a 6.80%… Read More

Because Hong Kong, Singapore and Japan rolled out Basel III on time at the beginning of 2013, and the U.S. and Europe didn't implement the new standards, Asian financial firms are now put at a competi… Read More