Posts Tagged ‘Banking’

Judge Waters Down 2003 Research Analyst Deal

{ Posted on Mar 19 2010 by Financetech - All Stories }
More than six years after Wall Street banks split their research and investment banking operations in a landmark settlement with the Securities and Exchange Commission, that firewall is being scaled down. ...Read More »

Knight Capital Markets Attempts to Solve the Pain of Pairs

{ Posted on Mar 19 2010 by Financetech - All Stories }
Knight Capital Markets introduces a new pairs trading platform and pairs algorithms to help traders more effectively and more efficiently execute their pairs strategies. Read More »

BNY Mellon Promotes John Fiore to CIO

{ Posted on Mar 18 2010 by Financetech - All Stories }
Former State Street CIO will report to Kurt Woetzel, head of global operations and technology. Read More »

Jackson National Life Selects Thunderhead NOW

{ Posted on Mar 18 2010 by Financetech - All Stories }
The life, annuities and institutional products insurer will use the Thunderhead platform to streamline the production and delivery of its policy documentation, correspondence and other personalized content. Read More »

The Hartford Prices Share Offerings

{ Posted on Mar 18 2010 by Financetech - All Stories }
The Hartford plans to use the net proceeds of the offerings, together with proceeds from a planned debt offering and available funds to repurchase in full the $3.4 billion of The Hartford's preferred shares issued to the U.S. Treasury Department ...Read More »

Dubno Restructures BofA’s Global Markets Technology Group

{ Posted on Mar 18 2010 by Financetech - All Stories }
Dubno, a former Goldman Sachs CTO, has plucked three high-level technology executives from competitors JPMorgan Chase, Goldman Sachs and UBS, all former fellow Goldmanites, to join his new group at Bank of America. Read More »

Omnium Launches Software Suite Providing Real-Time Access to Data

{ Posted on Mar 18 2010 by Financetech - All Stories }
OmniumAccess provides clients with direct access to their data and the processes that support their entire post-trade lifecycle. Read More »

Comerica Repays TARP; Hartford Sells $1.95b Stock

{ Posted on Mar 18 2010 by Financetech - All Stories }
Regional bank Comerica Inc on Wednesday said it has repaid $2.25 billion of federal bailout money, while Hartford Financial Services Group Inc said it sold $1.95 billion of stock to help repay $3.4 billion of its bailout funds. its bailout funds. Read More »

Hoyer Says U.S. Healthcare Overhaul Will Cut Deficit

{ Posted on Mar 18 2010 by Financetech - All Stories }
U.S. House Majority Leader Steny Hoyer said Thursday that proposed final healthcare legislation would cut the U.S. deficit by more than $100 billion over the first 10 years. Read More »

Regulators Worry Over Cracks in Financial Reforms

{ Posted on Mar 18 2010 by Financetech - All Stories }
Top officials warned policymakers to avoid hurting global efforts to toughen up financial regulation as differences emerge over derivatives speculation, hedge funds and bank capital. Read More »