LONDON European Union rules are needed after Brexit to regulate and supervise foreign stock and bond trading venues that want to serve EU investors, the bloc's markets watchdog said on Thursday.
NEW YORK Equity exchange-traded funds, which draw a diverse set of clients including fast-trading hedge funds, attracted $7.54 billion of net new cash in the week ended June 13, according to Investment Company Institute data released on Wednesday.
LONDON Turkish equities recorded their biggest inflows in seven years over the past week, according to data from EPFR, with most of the inflows attributable to a BlackRock exchange-traded fund (ETF).
TOKYO Japan's government needs to promote more corporate investment and innovation as well as bring in more foreign workers to alleviate a labour shortage, a Reuters poll of economists showed on Wednesday.
NEW YORK After a decade of focusing on the so-called millennial generation, some U.S. companies are starting to look ahead to what’s next. | Video
NEW YORK Investors flooded U.S.-based money market funds with the most cash in nearly five years in the latest week, seizing an opportunity to reap richer yields while taking less risk, Lipper data showed on Thursday.
LONDON Most asset managers view the current shift towards trading stocks in large blocks positively, but they are concerned that other consequences of changes to EU market rules are hurting transparency, a survey by Liquidnet found on Thursday.
Asset manager Van Eck Securities Corp and blockchain company SolidX Partners Inc plan to launch a bitcoin-linked investment product that could be traded as easily as a stock, the two companies said in a regulatory filing on Tuesday.
SAN FRANCISCO/NEW YORK Volatility could well be in the cards for Wall Street again early this fall, but not for the same reason stocks got rattled in February.
NEW YORK BlackRock Inc , the world's largest asset manager, on Tuesday said it would continue to reduce fees on a small group of its products with the highest growth potential, days after cutting fees on 11 exchange-traded funds.
WASHINGTON The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test on Thursday, showing they have enough capital to withstand an extreme recession.