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Nasdaq’s Silence Unleashed Facebook IPO Chaos; Is Morgan Stanley Banker’s...
Muted response: As the clock ticked past Facebook’s scheduled open, Nasdaq stayed mum on the technical glitches that delayed trading in the social media company’s stock by 28 minutes. The resulting...
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Nasdaq Plans to Address Facebook Fiasco in SEC Filing as Zuck & Co. Shares...
This should be fun, at least for those of us without any skin in the game: Nasdaq will disclose plans to compensate investors who suffered losses when technical glitches delayed the trading of Facebook...
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Nasdaq Tries to Make Good on Facebook Fumble, Not Everyone Appeased: Wall...
“Sorry” doesn’t help: Is anybody happy with Nasdaq’s plan to dole out $40 million in cash payments and future discounts to compensate market participants for losses suffered during the technical...
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UBS Preparing to Tell Nasdaq Where to Stick $40 Million Apology for Facebook...
So remember Nasdaq’s plan to distribute $40 million to investors who suffered losses when trading in Facebook shares failed to open as scheduled on May 18? You know, the offer that the New York Stock...
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Ben Lawsky Gains ‘Rogue Regulator’ Moniker After Standard Chartered; Hedge...
Rogue bank or rogue regulator? That was the subject of some debate yesterday, after New York’s top banking regulator, Ben “long-arm-of-the” Lawsky, filed an order alleging that Standard Chartered Bank...
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More Standard Chartered Fallout; UBS Employees Cut LIBOR Leniency Deal: Roundup
The New York State Department of Financial Services, which threatened to revoke Standard Chartered Bank’s license this week over allegations the firm conducted $250 billion in transactions with Iranian...
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Citigroup Blasts ‘Hasty, Self-Interested’ Nasdaq Over Facebook IPO;...
Citigroup says it gave Nasdaq a chance to make good on the botched Facebook IPO that cost market makers hundreds of millions of dollars. Now Citi has run out of patience, blasting the exchange in a...
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Barclays New Boss is Not Like Bob Diamond; JPMorgan Still Working on Whale...
New Barclays boss Antony Jenkins is the only CEO of a global universal bank without a background in investment banking, and according to Bloomberg, the low-profile retail banker is everything that...
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Knight Capital Up and Running After Power Outage on First Day of Trading...
Trading operations at Knight Capital Group are running again after the firm was forced to stop accepting orders yesterday amid a power outage at its Jersey City headquarters. The market maker, which...
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