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Investment Service

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  • Barclays' dark pool trading volume falls after lawsuit

    NEW YORK/LONDON (Reuters) - Trading activity has slumped in Barclays Plc's BARC.L U.S. share trading venue after New York's attorney general accused the British bank of misleading its customers and giving an unfair edge to high-speed traders.
  • Morgan Stanley profit more than doubles, beating estimates

    Morgan Stanley profit more than doubles, beating estimates
    (Reuters) - Morgan Stanley's second-quarter income more than doubled, helped by rising revenue in its retail brokerage business as it won more assets to manage from clients, the investment bank said on Thursday. A onetime tax break and the ending of a...

    Merrill Lynch Wealth profit strained by expenses

    NEW YORK (Reuters) - Bank of America's continuing investment in its Merrill Lynch wealth management business caused expenses in its global wealth sector to grow more quickly than revenue in the second quarter, the company said on Wednesday. The...

    EU to target Russian firms with sanctions, block loans

    BRUSSELS (Reuters) - European Union leaders agreed on Wednesday to sanction Russian companies that help destabilize Ukraine and to block new loans to Russia through two multilateral lenders. The decision is a significant ratcheting-up of European...

    Goldman's investment management business peeks out from trading's shadow

    NEW YORK (Reuters) - Late last year, Goldman Sachs reached an important milestone: its investment management business surpassed $1 trillion in client money under supervision. But the achievement went largely unnoticed as shareholders focused on...