Asset owners are paying a lot more attention to where their money managers execute trades — decisions that have generally been left to the discretion of the managers — and some are...
August 18, 2014
August 18, 2014 | 12:01 am
Anthony G. Blumberg, former CEO of ConvergEx Global Markets, a now-shuttered broker-dealer subsidiary of ConvergEx Group, was charged by the Justice Department and the SEC with concealing fees to buy ...
August 07, 2014 | 05:12 pm
Evercore Partners agreed to acquire International Strategy and Investment Group, a research and trading business.
August 04, 2014 | 02:35 pm
Index funds might have to divest Russian securities under new sanctions.
August 04, 2014
Citigroup Global Markets' LavaFlow alternative trading system will pay $5 million — $2.85 million in penalties and the remainder in refunds to clients including money managers — to settle ...
July 25, 2014 | 03:54 pm
Barclays on Thursday filed a motion to dismiss a lawsuit that claims the bank misled clients about the extent of high-frequency trading in its Barclays LX dark pool, saying the complaint does not...
July 24, 2014 | 11:11 am
Scott O'Malia was named CEO of the International Swaps and Derivatives Association, the organization announced Wednesday.
July 23, 2014 | 01:29 pm
Credit Suisse will exit the commodities trading business.
July 22, 2014 | 06:10 pm
William O’Brien, president of BATS Global Markets, has left the company.
July 22, 2014 | 05:08 pm
Goldman Sachs holds the top spot among U.S. fixed-income dealers, according to a report from Greenwich Associates released Tuesday. Goldman had 12.1% of all market share based on institutional...
July 22, 2014 | 10:08 am
Some of the country’s largest hedge funds are being investigated by the SEC as part of an insider-trading probe.
July 17, 2014 | 05:41 pm
State Street Corp. has reached a $60 million settlement on a class-action lawsuit led by the $24 billion Mississippi Public Employees' Retirement System, Jackson, and Union Asset Management Holding...
July 09, 2014 | 03:56 pm
Russell Investments' asset management and consulting businesses will most likely be sold by the London Stock Exchange Group PLC, which is purchasing the entire firm for $2.7 billion, sources say.
July 07, 2014
Almost 35% of P&I Online readers believe London Stock Exchange Group PLC will keep Russell Investments' asset management and consulting businesses, according to a poll the week of June 30.