Search Results for: Goldman Sachs
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Proposed sale of Frank Russell company’s asset management business
October 12th, 2015
London Stock Exchange Group plc (“LSEG”) today announces that it has agreed the proposed sale of Frank Russell Company’s asset management business (“Russell Investments”) to TA Associates for gross proceeds of US$1,150 million (£752 million1) in cash, subject to ...
Gold hits 7-week high as traders bet on U.S. rate hike delay
October 12th, 2015
Gold reaches highest since August at $1,166.60/oz Dollar near 3-week low after Fed minutes Hedge fund, money managers lift bullish bets to 4-mth high Gold rose to 7-week highs on Monday as expectations that the Federal Reserve will postpone ...
Big Banks, Serious Trouble
October 12th, 2015
It turns out that the world of ZIRP/NIRP isn’t the banking paradise that some thought it would be. See Why The Big Banks Want Higher Interest Rates. Whether the problem is with low interest rates themselves or the fact ...
Dealogic: Record 45 $10bn+ Deals Announced in First Nine Months of 2015
October 9th, 2015
Dealogic has published an analysis regarding Merger & Acquisition activity and trends around the world. As the company reports, a record 45 $10bn+ Deals Announced in First Nine Months of 2015. 45 $10bn+ M&A deals were announced in the ...
FXSpotStream: Bank of Tokyo-Mtsubishi UFJ has Joined as a Liquidity Provider
October 7th, 2015
FXSpotStream Announces that Bank of Tokyo-Mtsubishi UFJ has Joined as a Liquidity Provider; Volume overall up 8.5% in September FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Bank of Tokyo–Mitsubishi UFJ (BTMU) has joined as ...
Google Takes Stake in Messaging Startup Symphony Communication Services
October 6th, 2015
New fundraising round values Symphony at $650 million Google Inc. plans to invest in a new round of funding for Symphony Communication Services LLC that values the Wall Street-backed messaging company at about $650 million, people familiar with the matter said. ...
Banks Finalize $1.86 Billion Credit-Swaps Settlement
October 2nd, 2015
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...
Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks
September 30th, 2015
Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ ...
Oil prices fall on slowing global economic growth outlook
September 28th, 2015
Oil prices dropped in Asian trading hours on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China‘s ...
