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By Nick Baker, Bloomberg |
October 17, 2013
CME Group Inc., which planned to increase margin levels by 12% for the interest-rate swaps that its clearinghouse guarantees, reversed the decision after lawmakers reached an agreement avoiding a U.S. default.
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By Nina Mehta, Nandini Sukumar and Inyoung Hwang |
February 26, 2013
CME Group Inc.’s overtures toward Deutsche Boerse AG are likely to raise the same concern among customers that helped scuttle last year’s deal with NYSE Euronext.
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By Laura Marcinek, Bloomberg |
November 12, 2012
Jefferies Group Inc. agreed to be acquired by its biggest shareholder, Leucadia National Corp., in a $2.8 billion deal the companies said would make the investment bank better able to weather market turmoil.
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By Rita Nazareth and Tom Stoukas, Bloomberg |
November 5, 2012
U.S. stocks advanced, rebounding from an earlier decline in the Standard & Poor’s 500 Index, as Americans prepared to vote in the presidential election.
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By Donal Griffin, Bloomberg |
October 15, 2012
Citigroup Inc. advanced the most among the largest U.S. banks, reaching a six-month high after reporting a surprise third-quarter profit and a surge in bond-trading revenue that beat analysts’ estimates.
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By Dakin Campbell and Michael J. Moore, Bloomberg |
June 22, 2012
Credit Suisse Group AG’s credit rating was cut three levels and Morgan Stanley’s was reduced by two as Moody’s Investors Service downgraded 15 banks in moves that may shake up competition among Wall Street’s biggest firms.
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By Michael J. Moore, Bloomberg |
June 11, 2012
Wall Street bankers and traders, given hope by a market rebound in the first quarter, are now seeing earnings and paychecks threatened by turmoil in Greece in what is becoming an annual cycle.
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By Nandini Sukumar and Matthew Leising, Bloomberg |
April 24, 2012
LCH.Clearnet Group Ltd. entered discussions to buy Nasdaq OMX Group Inc.’s International Derivatives Clearing Group LLC as the world’s largest interest-rate swaps clearinghouse seeks to expand in the U.S.
