Institutional investors have flocked to private trading venues to protect sensitive information, but new legal actions highlight the need for more regulation.
BMO Capital Markets, the investment and corporate banking arm of BMO Financial, has appointed Andrew Lazar and Timothy Shanahan as directors of its U.S. Core Rates practice.
The Chinese government has mandated that its banks undergo stress tests to examine how the collapse of the country’s housing market would affect stability, according to Financial Times.