(CNBC) Securities and Exchange Commission Chairman Gary Gensler said Tuesday that Wall Street’s top regulator needs Congress to grant it additional powers for overseeing a vast and ever-evolving cryptocurrency market. To read this article:

(Opalesque) Both institutional and wholesale investors expect a thematic focus in their investments to improve the long-term performance, said a survey. According to a new survey conducted by Greenwich Associates and sponsored by BNP Paribas Asset Management nine out of […]

(Opalesque) 80% of hedge fund managers expect institutional investors to increase their allocation to quant strategies in the next twelve months, said a study. The 100 leading hedge fund managers surveyed, who collectively manage over $231 billion in AUM, also […]

(CNBC) Diminishing economic returns could mean diminishing stock market returns as the U.S. transitions to a post-pandemic economy. Wall Street increasingly is talking about peak growth in both the economy and corporate earnings as a stimulus-fueled recovery gives way to […]

(CNBC)There’s a new minimum wage on Wall Street. Goldman Sachs is giving its junior bankers a pay raise, the last major Wall Street firm to do so in a year where record deal-making activity has led to fierce competition for […]

(CNBC) The cryptocurrency industry is lobbying hard this week against language in the Senate’s bipartisan infrastructure bill proposal that could choke a vast amount of the crypto ecosystem. Language in the bill would require crypto brokers to report customer information […]

Hedgeweek) Broadridge Financial Solutions has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge’s recent acquisition of Itiviti.  To read this article:

(Reuters) A rebound in corporate profits and the recent drop in bond yields are helping to moderate U.S. equity valuations, bolstering the case for owning stocks even as markets stand near records and economic growth is expected to slow. To […]

(Reuters) U.S. equity funds saw strong inflows in the week to July 28, bolstered by optimism over earnings and hopes for a faster economic recovery from the COVID-19 pandemic. U.S. equity funds attracted a net $8.03 billion, the biggest inflow […]

(CNBC) HSBC said Monday its reported pre-tax profit jumped to $10.8 billion in the first half of 2021 — beating estimates by analysts. The bank’s revenue fell 4% from a year ago to $25.6 billion in the first half of […]

(CNBC) Friday’s jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it’s the quiet dog days of August. More than a quarter of the S&P 500 report earnings in the coming week. […]

(CNBC) U.S. stock futures rose in overnight trading on Sunday as investors geared up for the first trading day of August. Dow futures rose 135 points. S&P 500 futures gained 0.4% and Nasdaq 100 futures added 0.35%. To read this […]