Financial industry regulation
Jane Street to challenge India ban, says it engaged in basic arbitrage
Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation. Nurphoto | Nurphoto | Getty Images Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation, adding that its practices […]
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Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Key Points For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the presidential election’s outcome could result in stark differences in the rules they’ll face, the mergers they’ll be allowed to pursue, and the taxes they’ll pay. As president, Donald Trump slashed the corporate tax rate, imposed tariffs on Chinese […]
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Fed sparking irrational sector optimism more than likely rate cuts, previous FDIC Chair Sheila Bair warns
Market optimism more than the prospective for curiosity price cuts upcoming year is dangerously overdone, in accordance to previous FDIC Chair Sheila Bair. Bair, who ran the FDIC all through the 2008 fiscal crisis, suggests Federal Reserve Chair Jerome Powell was irresponsibly dovish at very last week’s coverage assembly by building “irrational exuberance” among the […]
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Family offices have become a $6 trillion powerhouse in investing—and deal-making
The post-pandemic wealth boom has sparked an explosion in family offices, creating a new gold rush among Wall Street firms, private equity funds and investment advisors to manage the fortunes of the world’s richest families. Family offices now manage more than $6 trillion in wealth, according to some estimates, surpassing the estimated $4 trillion managed […]
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