CFTC Commissioner Quintenz to Step Down
Mr. Quintenz's departure will leave Democrats with a 2-1 majority on the commission.
Goldman Sachs to Buy European Asset Manager for $1.9 Billion
The investment bank agreed to acquire the money-management operation of Dutch insurer NN Group, as the need for scale in the asset-management business drives consolidation.
Bond Market Signals Confidence in Fed Policy Outlook
The closely watched spread between five- and 30-year Treasury yields has hardly changed after falling sharply when the Federal Reserve shifted its message in June.
Chinese Bad-Debt Manager Huarong to Be Bailed Out by State-Owned Firms
China's top manager of distressed assets said it would post a massive loss and expects to receive a capital infusion from state-owned financial institutions, avoiding a messy default.
Three Former Netflix Engineers Are Charged in Insider-Trading Ring
A civil complaint alleges that the former software engineers and two of their associates used confidential subscriber information to profit from the company's stock moves after earnings announcements.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services
Robinhood Revenue Surges on Cryptocurrency Trades
Revenue at Robinhood Markets more than doubled in the second quarter thanks to a torrent of customers trading cryptocurrency, but the company posted a big loss due to an emergency funding deal earlier this year.
Fed Signals Asset Purchases Likely to Slow This Year
Minutes from the Federal Reserve's July 27-28 meeting show officials debated the timing and mechanics for reducing the bank's $120 billion in monthly bond purchases.
Operator of Helix Bitcoin 'Mixer' Pleads Guilty
Larry Dean Harmon, who allegedly laundered $300 million in crypto on Darknet markets, will forfeit more than 4,400 bitcoins-worth $200 million-and could face up to 20 years in prison.
CME and Cboe Stock Respond to Media Report of Deal Talks
Exchange operator CME denied a report that it had made a $16 billion acquisition offer to Cboe, whose share price jumped 12% before finishing the day lower.
(END) Dow Jones Newswires
08-20-21 0015ET
