Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk.
Wall Street trading desks notched the best quarter in eight years as clients rushed to change or hedge positions amid the COVID-19 outbreak.
China is weighing merging its two biggest brokerage firms to create a company that can better compete with the global investment banks.
The world's largest sovereign wealth fund wants brokers and exchanges to continue to develop how they manage closing auctions.
The cryptocurrency boom appears to be alive and well for Binance, the world's largest digital-asset exchange by trading volume.
One of China's biggest brokerages is being probed by regulators after suffering large trading losses that also wound up hitting Citigroup
London Stock Exchange Group unveiled the first deal under its new leadership, taking a minority stake in settlement giant Euroclear.
BNP Paribas SA is shuttering its U.S. commodities derivatives desk, according to people familiar with the matter.
A former State Street executive was arrested on charges he conspired to defraud an insurance company by secretly overcharging it on transition management fees.
Bank of America's corporate and investment banking division agreed to pay $42 million to settle a New York state probe.
Morgan Stanley and Credit Suisse Group will become trading venues under MiFID II to make markets in bonds, equities, currencies and derivatives with their clients.
Futures on the world's most popular cryptocurrency surged as much as 26% in their debut session on Cboe Global Markets' exchange.
The prospect of blockchain technology remaking financial services just moved a step closer to reality.
Some of the world's biggest investors are working with a U.S. law firm to prepare a fresh wave of litigation against banks accused of rigging foreign-exchange markets.
Nasdaq agreed to buy Deutsche Bourse's International Securities Exchange for $1.1 billion, catapulting it to the top of the U.S. options market.
A group of nine fund managers has teamed up to start a dark pool dedicated to large stock trades that will open later this year.
Citigroup will close its private stock trading venue next month.
Investment Technology Group, operator of one of the oldest U.S. equity dark pools, is expanding into corporate bonds.