Posts Tagged “wall street”

Despite regulatory probing, banks’ “dark pool” trading venues are doing just fine

by Wall Street Job Report on August 19, 2014

The dark waters are rising. Trading volume in some banks’ secretive trading venues, known as “dark pools,” is seeing increased activity. That’s despite the fact that many of these so-called dark pools, which allow big investors to exchange large blocks of shares anonymously, (…)

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IEX founder Brad Katsuyama aims to change how U.S. stock markets function

by Wall Street Job Report on August 18, 2014

Five months ago, Brad Katsuyama went from being the founder of an obscure startup to the hero of a runaway bestseller. Now comes the hard part: building a business that will live up to some very high expectations. Mr. Katsuyama, (…)

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Jamie Dimon’s $13 Billion Secret

by Wall Street Job Report on August 18, 2014

In his public comments the day the settlement was announced, New York State Attorney General Eric Schneiderman, co-chair of the task force that President Obama created to investigate and prosecute wrongdoing in the mortgage-backed securities market, said, “Since my first (…)

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Yellen Channeling Slick as Surrealistic Economy Shows ’67 Claims

by Wall Street Job Report on August 15, 2014

The U.S. labor market is looking a little surreal these days. Take the number of workers filing claims for unemployment benefits. As a share of the population, it’s the lowest since at least 1967 — the year Grace Slick and her (…)

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Wells Fargo Tries Boosting Pay Amid Mortgage-Revenue Drop

by Wall Street Job Report on August 14, 2014

Wells Fargo & Co. (WFC)’s mortgage business, the largest in the U.S., is looking to halt a revenue slump by sweetening the payoff for employees amid a shift to new home purchases. Loan officers’ top commission rate rose to 70 (…)

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