• Morgan Stanley fires former U.S. lawmaker for misconduct

    4 days ago - By Reuters

    NEW YORK - Morgan Stanley fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct related to an undisclosed event, a spokeswoman said on Thursday.
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  • STOCKS RISE: Here's what you need to know

    STOCKS RISE: Here's what you need to know

    4 days ago - By Business Insider

    Stocks finished in the green on Thursday as bitcoin topped $16,000 for the first time after a wild 48-hour surge that saw fortunes made and exchanges crash. Some Wall Street banks are walking away from the volatile cryptocurrency despite a new futures market set to launch this weekend.
    Here's the scoreboard:
    S&P 500 : 2,637.01
    Dow : 24,200.60
    Nasdaq : 6,812.84
    Oil : $56.61 10-year treasury bond: 2.34%
    As the GOP tax plan heads to conference, rich homeowners in blue states could be among the biggest losers .
    Here are the 12 companies that could pay the highest effective tax rates under...
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  • Goldman Sachs to clear bitcoin futures: spokeswoman

    4 days ago - By Reuters

    NEW YORK - Goldman Sachs Group Inc. is planning to clear bitcoin futures for some clients as the new contracts go live on exchanges in the coming days, a spokeswoman for the bank said on Thursday.
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  • Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

    Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

    4 days ago - By Business Insider

    Bitcoin blew past $16,000 a coin Thursday, but Wall Street banks don't appear too eager to get in on the crypto-mania.
    The Wall Street Journal found Bank of America Merrill Lynch and Citigroup won't provide their clients access to Cboe's bitcoin futures market.
    Cboe, the options and derivatives exchange based in Chicago, is launching its market for bitcoin futures market Sunday.
    Cboe Global Markets' bitcoin futures market will go live Sunday, but some Wall Street banks don't plan to get involved, according to a report by The Wall Street Journal .
    The futures market, which Cboe has been...
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  • Goldman Sachs will reportedly clear bitcoin futures for some of its clients

    4 days ago - By Business Insider

    Goldman Sachs will clear bitcoin trading for some clients on a case-by-case basis, Bloomberg and The Wall Street Journal reported Thursday.
    The derivatives contracts are set to go live on the Cboe Futures Exchange on Sunday.
    Goldman CEO Lloyd Blankfein said last week that bitcoin "doesn't feel like a store of value" or a currency .
    Bitcoin is up more than 1,500% this year.
    Goldman Sachs will clear bitcoin futures trading for some of its clients, Bloomberg and The Wall Street Journal reported on Thursday.
    The derivatives, which allow traders to bet on the cryptocurrency's price without...
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  • STOCKS RISE: Here's what you need to know

    STOCKS RISE: Here's what you need to know

    4 days ago - By Business Insider

    Stocks finished in the green on Thursday as bitcoin topped $16,000 for the first time after a wild 48-hour surge that saw fortunes made and exchanges crash. Some Wall Street banks are walking away from the volatile cryptocurrency despite a new futures market set to launch this weekend.
    Here's the scoreboard:
    S&P 500 : 2,637.08
    Dow : 24,200.60
    Nasdaq : 6,812.84
    Oil : $56.63 10-year treasury bond: 2.34%
    As the GOP tax plan heads to conference, rich homeowners in blue states could be among the biggest losers .
    Here are the 12 companies that could pay the highest effective tax rates under...
    Read more ...

     

  • Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

    Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

    4 days ago - By Business Insider

    Bitcoin blew past $16,000 a coin Thursday, but Wall Street banks don't appear too eager to get in on the crypto-mania.
    The Wall Street Journal found Bank of America Merrill Lynch and Citigroup won't provide their clients access to Cboe's bitcoin futures market.
    Cboe, the options and derivatives exchange based in Chicago, is launching its market for bitcoin futures market Sunday.
    Cboe Global Markets' bitcoin futures market will go live Sunday, but some Wall Street banks don't plan to get involved, according to a report by The Wall Street Journal .
    The futures market, which Cboe has been...
    Read more ...