FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company. WBR’s Equity Leaders ...
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned. The firm, which launched an AI ...
Bank earnings this year have been buoyed by strong sales and trading performance. A surprising bright spot for BofA has been FX and emerging market trading, historically a laggard. The team, which was ...
Bank of America Corp.’s stock was up 3.9% on Tuesday after the megabank topped Wall Street’s earnings and revenue targets as it marked its 12th straight quarter of growth in its sales and trading ...
Thousands of jostling traders once packed the floors of Chicago’s futures exchanges, before the advent of high-speed computerized trading turned them into relics of a bygone era. Now, some of them ...
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Retail used to be simple: retailers found a store format that worked and then simply opened more stores. It was operationally complex, but conceptually simple. For most retailers customers were ...
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CME Group Wins Lawsuit by Former Floor Traders
Exchange giant CME Group prevailed on Friday in its decade-old legal battle with former floor traders when a jury rejected claims that the company breached its contract with them when it pivoted to ...
Sept 10 (Reuters) - JPMorgan Chase & Co (JPM.N), opens new tab executives told managing directors and some executive directors within the bank's sales and trading operation that they must return to ...
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