State Street Veterans to Launch Cryptocurrency Trading Platform

Two Street Street Corp. veterans are launching a cryptocurrency trading platform to serve institutional investors. John Burnett and Hu Liang said they've formed Omniex Holdings Inc., which aims to work with exchanges, over-the-counter venues and fund accountants to fill growing demand for trading
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Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings for $2.4 billion, months after an activist investor won seats on the restaurant's board following a bitter proxy fight. The private equity firm will buy Buffalo Wild Wings (bwld, +6.96%) for $157 per share, representing a premium of 7.2%
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NEW HAVEN, Conn., Nov. 28, 2017 (GLOBE NEWSWIRE) — Continuity, a provider of automated compliance management technology for financial institutions, announces that Waterstone Mortgage, a nationwide mortgage lender, has selected Continuity's RegAdvisor®Pro, RegControls™ and
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The UK's seven leading mortgage lenders would be able to cope with a downturn more devastating than the global financial crisis, the Bank of England has concluded. The Bank ruled that no banks need to take remedial action after they strengthened their balance sheets this year – the first time this has
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Canada's third-largest lender had record annual profit of C$4.06 billion ($3.17 billion) from domestic banking, aided by 12 percent growth in the final quarter, according to a statement Tuesday. It's the third time this year that the Scotiabank unit, which also includes wealth management, has set a new
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Wheel of Fortune never quits spinning for fired, hired SEC football coaches. Updated November 28, 2017 at 7:02 AM ; Posted November 28, 2017 at 7:00 AM. After nine seasons coaching Mississippi State, Dan Mullen found a $30 million money trail to Florida where he was introduced as the Gators'
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What's the opposite of a growth miracle? Whatever the term, it applies in spades to Mexico in the Nafta era. Poor countries are expected to grow faster than rich ones, and they need to. Trade agreements are supposed to help. Yet by almost any benchmark — certainly the ones trumpeted by the deal's
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Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. The Bank of England may increase a key financial safety measure for a third time because it's worried that a combination of a disorderly Brexit and a global recession could be enough to put the brakes on lending.
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The gulf is wider than before the bubbles that preceded two other notable recessions: the dot-com crash of 2001 and the housing crash of 2008. “Financial instability tends to follow periods when asset growth has been disproportionate to underlying measures of income,” Rivelle says. “People usually
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Triton International Limited (NYSE:TRTN) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Wednesday, November 15th. Several other equities research analysts have also weighed in on the stock. Keefe, Bruyette & Woods reaffirmed a
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Daimler last year said it was looking at drones as part of a 500-million-euro ($597 million) effort to speed delivery times for online orders, amid the boom in electronic commerce. Amazon.com Inc. in December made its first-ever drone delivery, while convenience store chain 7-Eleven last year flew a
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“In the post-housing-crash world, you had the rise of the non-bank mortgage lenders,” Anthony Casa, founder of BRAWL and president of Garden State Home Loans, told MPA. “These companies kind of became the main players, and the business practice they've really mastered is this: if you're a broker
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Pope Francis urged continued ethnic reconciliation in a speech that avoided direct reference to the Rohingya refugee crisis that has fueled criticism of the nation's Nobel laureate leader, Aung San Suu Kyi. The pontiff is on a six-day visit to Myanmar and neighboring Bangladesh, where more than
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The Ministry's press service had nothing to add beyond these comments when contacted by Bloomberg on Tuesday. The outlook for shale is the chief source of uncertainty. OPEC officials invited industry experts to brief them on the topic last week and were disturbed by the diversity of opinions. Veteran
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When family comes first, where does work fit in? There's a common misconception that employees focus less on their jobs once they become parents.
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That's what scores of employees of Funding Circle, Ltd., the U.K.'s top online lender, craved as Ping Pong Fight Club got under way in a cavernous loft space in London's East End last week. The stakes were high. In 2016, Funding Circle's champion, Luis Pinto, was toppled by newcomer Francesco Lo
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It's been conventional wisdom for some time now that America's opioid epidemic began at the pharmacy. Now there are numbers to put any doubt to rest. More than half of all people who succumbed to an overdose between 2001 to 2007 were chronic pain sufferers who filled an opioid prescription and
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The Central Bank will publish the outcome of a review of mortgage rules later today. The restrictions set official ceilings on how much banks can lend home buyers. It is expected the main limits will remain in place although there could be some small adjustments. The rules were highly controversial when
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“It demonstrates how changeable the property market currently is, not just around the UK but within each city.” Barclays said regional cities outperforming London could be a sign buyers are looking for more affordable areas to live, rather than stretching themselves to buy in the capital where their money
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How do you time your entry in any investment channel — whether it is equities or real estate? Is it the juncture when the markets are booming and everyone is joining the fray? Does that make for a sound investment decision? Probably, not! Most retail investors and homebuyers make this mistake.
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