Finance & Banking
March 01, 2019 05:00 AM UPDATED 17 HOURS AGO
Options Clearing returns $110 million to exchanges as it begins unwinding capital plan
The Chicago-based options clearinghouse is being forced to act after an SEC order called its four-year-old plan into question.
LYNNE MAREK...
“This paper is nothing short of jaw-dropping,” remarked Themis Trading in a blog post, “FINRA Working Paper on Order Routing”:
The article is from TABB
Brokers Routing to Their Own ATSs Face Scrutiny
Ivy Schmerken, FlexTrade Systems
25 February 2019
A FINRA working paper raises concerns...
Berkshire Hathaway agrees to sell its Applied Underwriters to avoid conflicts among company-owned workers’ compensation insurers
https://www.wsj.com/articles/warren-buffett-is-doing-something-rare-selling-a-business-11551221992
Owner of online-trading platform Tiger Brokers plans to raise up to $150 million in IPO
https://www.wsj.com/articles/a-chinese-brokerage-for-u-s-stocks-seeks-a-nasdaq-listing-11551097337
These are excerpts -
There are other ways to tax the wealthy
A majority of Americans are increasingly open to raising taxes on the wealthy. Lawmakers like Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders have proposed revolutionary ways of reducing wealth inequality. But...
Henwick or any number of the alt. data option data suppliers. One caveat - since it isn't a widely used metric it's going to cost. A reach might be Hamzei analytics as most of their work is p/c analytics.
Kraft Heinz Was a Classic Bet for Warren Buffett. Then It Soured.
https://www.wsj.com/articles/kraft-heinz-was-a-classic-bet-for-warren-buffet-then-it-soured-11551031716?mod=hp_lista_pos3
Are you simply looking for a backer and you've defined that space as being attractive?
1. On a Bloomberg
2. Middle market brokers like Jefferies and others
3. Conferences and I would broaden my search to include Family Offices and Endowments.
4. Your profile says you are from NYC - go to every...
One of the banking industry’s biggest soured bets since the financial crisis involved a complex municipal-bond investment. Warren Buffett was enmeshed in the deal.
https://www.wsj.com/articles/deutsche-bank-lost-1-6-billion-on-a-bond-bet-11550691086?mod=hp_lead_pos1
Amazon Cancels HQ2 Plans in New York City
Amazon will move forward with plans in Virginia and Nashville and will hire at other tech hubs
https://www.wsj.com/articles/amazon-cancels-hq2-plans-in-new-york-city-11550163050?mod=hp_lead_pos1
Andrew Saks-McLeod
Industry News
February 12, 2019, 8:36 am UTC
Major banks accused of ‘pensions racket’ for senior executives
Major Tier 1 banks in the UK are under fire from shareholders and professional organizations over massive pension contributions and lump sums that are not available...