Katherine Doherty

Bank of America Corp.’s stock and fixed-income traders missed estimates as the bank’s results were also hurt by a charge tied to a regulatory penalty over money laundering and sanctions violations.

Bank of America's stock and fixed-income traders missed estimates as the bank's results were also hurt by a charge tied to regulatory penalties over money laundering and sanctions violations.

Intercontinental Exchange Inc. (ICE), is planning to offer contracts for betting on future cattle and hog prices, competing with longtime incumbent CME Group Inc as it moves its systems to the cloud.

Haider Rafique, one of crypto exchange OKX’s most senior executives, is leaving the company after several years of forging ties across Wall Street, sports and entertainment.

Optiver Holding BV is looking to secure about $900 million in financing as the market maker seeks to expand its trading activities, according to people familiar with the matter.

The pass rate for the third and final level of the chartered financial analyst exam slipped in the latest testing period, remaining below its decade average.

The CFA Level III pass rate fell to 47% in August, well below the 50% average pass rate of the past decade, CFA Institute said

High-frequency trading firms are even building their own data centers as they compete for an edge in the AI era.

Metrics across global bond markets are signaling their biggest risk-off sentiment in more than a year, as a selloff in AI stocks and growing geopolitical tensions caused investors to seek out safe-haven assets.

Money managers are wary of the massive amount of debt tech companies will need to fund AI investments, a concern that intensified this week after Meta Platforms Inc. said that it was looking at raising “hundreds of billions of dollars” over several years beginning this fall. The company said its spending agreements had climbed to about $825 billion, from almost $700 billion in July.