| Nasdaq admits lack of consortium to blame for slow Neuro (at FT.com) Bob Greifeld, chief executive of Nasdaq OMX, on Monday conceded that the group's decision to launch its European "multilateral trading facility" as a wholly-owned venture rather than in partnership with key market participants was to blame for the platform's failure to gain traction. us.rd.yahoo.com |
Prime brokerage (at FT.com) The business of providing clearing, financing and custody to hedge funds has always been very tight-knit. Today the top four prime brokers handle about 68 per cent of global hedge fund assets, according to Aite Group. us.rd.yahoo.com |
Former AIG executive defends actions (at Financial Times) Joseph Cassano, the former AIG executive whose financial-products division helped trigger a $180bn government bailout, broke his silence on Wednesday with a staunch defence of his business's actions leading up to the financial crisis. us.rd.yahoo.com |
Home BancShares, Inc. Announces 64.6% Increase in Second Quarter Earnings (GlobeNewswire) CONWAY, Ark. -- Home BancShares, Inc. , parent company of Centennial Bank, today announced second quarter earnings of $9.0 million, or $0.29 diluted earnings per common share, compared to $5.4 million, or $0.22 diluted earnings per common share for the same quarter in 2009. us.rd.yahoo.com |
Crown Equity Holdings, Inc. Reports Six-Month 2010 Financial Results (GlobeNewswire) LAS VEGAS -- Crown Equity Holdings, Inc. is pleased to report its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled $678,988, compared to $84,357 during the same period in 2009. us.rd.yahoo.com |