149 results about this entity
Period: 09 Oct 2007 - 05 Oct 2022
News
The bankruptcy of Lehman Brothers and acquisition of Merrill Lynch by Bank of America will contribute to a fall of nearly 15% in IT spending by the securities industry in North America next year, according to Tabb Group.
19 September 2008
Opportunistic cyber-squatters are seeking to capitalise on the rush of emergency mergers on Wall Street by snapping up domain names related to the collapsed banks and their buyers.
17 September 2008
From a technology perspective, the US securities industry has shrunk by around six per cent in recent days following Lehman Brothers' bankruptcy and the acquisition of Merrill Lynch by Bank of America, according to analysis by Financial Insights.
New York-based Investment Technology Group (ITG) says it is buying the stake it doesn't already hold in BLOCKalert, a block trading joint venture it established with Merrill Lynch.
31 July 2008
Chi-X Europe says Merrill Lynch's smart order router executed over 100 million shares on its pan-European multilateral trading facility (MTF) in a single day last week.
22 July 2008
Merrill Lynch has agreed a deal to sell its 20% stake in Bloomberg back to the news and financial data company for a price approaching $4.5 billion.
17 July 2008
Merrill Lynch CEO John Thain has fuelled new speculation that the investment bank is considering selling its 20% stake in US financial information company Bloomberg.
13 June 2008
TradeWeb says its dealer-owners have committed to use its expanded straight-through processing (STP) platform for the voice and electronically-traded fixed income securities that they trade with customers.
30 May 2008
Post trade processing outfit Omgeo says its broker dealer clients will soon be able to eliminate paper-based disclosures associated with trade confirmations and send the information electronically, whilst complying with SEC regulations.
28 April 2008
Fast-growing Aussie pensions and wealth management technology vendor Bravura has suspended trading in its shares after becoming entangled in the collapse of domestic stockbroker Lift Capital
18 April 2008
Information technology budgets at Citigroup are set to be slashed under a massive cost-reduction programme ordered by new CEO Vikram Pandit.
Credit Suisse is acquiring an undisclosed stake in Axe ECN, which is being set up by the New Zealand Exchange (NZX) and five other banks to compete with services provided by the Australian Stock Exchange (ASX).
01 April 2008
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.