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CDCC Launches Direct Clearing for Canadian Buy Side Firms
This new direct-clearing model was developed in close consultation with a broad group of stakeholders from across Canada's investment industry, including clearing members...
2 days ago - Traders Magazine - 2 articles
Optis Partners Exec: Private Equity-Backed Brokers Paying More Upfront to Acquire Agencies
In a competitive market, private equity-backed brokers seem to be paying sellers more guaranteed money upfront, according to Dan Menzer, partner at consulting firm Optis...
3 days ago - A.M. Best
EU wants Facebook's Zuckerberg to testify over data scandal
BRUSSELS - The European Union is calling on Facebook CEO Mark Zuckerberg to testify at the legislature of the 28-nation bloc about the widening data privacy scandal at his...
8 days ago - Chron - 3 articles
Asian stocks mostly up after Wall Street finishes higher
SEOUL, South Korea - Asian stock markets were mostly higher Friday following overnight gains on Wall Street. Risk sentiment returned as the U.S. explores the possibility of...
9 days ago - Chron
Russian Company Tied to ‘Putin's Chef' Will Fight U.S. Election Interference Charges
A company tied to Yevgeny Prigozhin, a Russian caterer nicknamed "Putin's chef" because of his close ties to President Vladimir Putin, has hired a lawyer to defend against U.S...
10 days ago - Fortune - 3 articles
Here's Why Facebook Just Gained $21 Billion in Value
FacebookCEO Mark Zuckerberg faced off with a room full of senators on Tuesday in what many believed would be a tough grilling about privacy in the wake of news that political...
11 days ago - Fortune - 8 articles
Pivotal Software Just Set the Price of Its Upcoming IPO
Pivotal Software, a subsidiary of Dell Technologies, has set the expected price for its upcoming IPO in which it hopes to raise $592 million. On Monday, the enterprise software...
12 days ago - Fortune
The founder of the world's largest hedge fund played a key role in helping McDonald's launch the McNugget
McDonald's launched its Chicken McNuggets in 1983. Ray Dalio, the founder of the world's largest hedge fund, played a key behind-the-scenes role in the McNuggets'...
12 days ago - Business Insider
We visited the regional chain that beat Trader Joe's for the title of best grocery store in America - here's what it's like
Wegmans regularly wins the top spot as customers' favorite grocery store in the US. This week, Wegmans received the highest customer service ratings of any of America's retail...
15 days ago - Business Insider
NMG Partner: Asia's Insurance M&A Driven by Capital Needs, Market Outreach, Scale
Matthew Maguire, partner, NMG Consulting, said higher capital requirements in some Asia domiciles have forced insurers to join together to better meet the standards. Maguire...
17 days ago - A.M. Best - 2 articles
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Wells Fargo to pay $1 billion in fines for mortgage and auto lending abuses
Wells Fargo will split a $1 billion fine between the Office of the Comptroller of the Currency and t he US Consumer Financial Protection Bureau as a penalty to resolve probes...
The CEO of the $3.9 billion company at the heart of the cloud wars talks...
Pivotal Software began trading publicly on Friday, closing up about 5% from its listing price of $15. It's now valued at $3.9 billion. Pivotal's biggest business is in selling...
Stocks stumble into the weekend as the 10-year hits its highest level since 2014
A tech selloff pulled stocks lower Friday, as investors brooded over dampening demand for smartphones. Inflation fears pushed bond yields to a three-year high. Here's the...
CRYPTO INSIDER: Everyone's biggest fear about ICO's almost came true
Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your...
MoviePass' parent company is getting smoked - again - after 'scary' new...
Helios & Matheson , which owns MoviePass, is down more than 7% Friday. The company admitted its prospectus filed earlier this week contained errors. Shares are currently...
A secretive high-speed trader is providing college kids with a 'launch pad'...
Jump Trading is making crypto a big focus in 2018 for its venture arm Jump Capital in 2018. An innovation lab based at the University of Illinois Urbana-Champaign is playing a...
NUCOR CEO: I'm not worried about the steel market's biggest fear
Some steel buyers are signing longer-term contracts with steel suppliers amid fears of a looming steel shortage. There will not be a steel supply shortage in the US, according...
GE is rallying after eeking out an earnings beat
GE reported first quarter earnings that topped analyst expectations on Friday. The company's power business saw profits decline by 29%, while renewables, transportation, and...
MORGAN STANLEY: GM should stop selling cars in North America because its...
General Motors' North American car business is worth negative $4 billion, Morgan Stanley estimates. The bank says GM could return its stock to outperformance by exiting the...
Apple is slipping after Morgan Stanley said iPhone demand is dwindling
Apple is slipping after Morgan Stanley analyst Katy L. Huberty downgraded the stock, citing weakening demand in China. The smartphone market at large may be seeing a drop in...