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Banks said they need to be more open about the size of their bonus pools and the methodology for paying star bankers, after making progress in other areas of reforming pay structures.

BGC Partners, Inc. (NASDAQ: BGCP), a leading global intermediary to the wholesale financial markets, is pleased to announce its first fully electronic Euro Interest Rate Swap transactions over BGC's hybrid voice and electronic execution platform, BGC™ Trader IRS, which went live on September 1.

The central Bank of Namibia has authorised the establishment of a new mobile-only bank to be operated by local m-payments outfit MobiCash.

NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, began trading the iShares MSCI New Zealand Investable Market Index Fund (Ticker: ENZL). The fund is advised by BlackRock Fund Advisors.

U.S. Federal Reserve Chairman Ben Bernanke said he was partly to blame for leaving the wrong impression that the central bank could have saved Lehman Brothers from failure in 2008.

It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

SS&C Technologies, Inc., a subsidiary of SS&C Technologies Holdings, Inc. announced that Essent Guaranty, Inc., has selected SS&C Direct, SS&C's institutional and insurance back- and middle-office software-enabled services, to service their insurance investment accounting processes.

Corporation, the network specialist, announced an expanded portfolio of ultra low latency solutions including both 1GbE and 10GbE cards for its CN 4200® FlexSelect® Advanced Services Platform.

CBOE Holdings, Inc. announced that C2 Options Exchange, Incorporated (C2), the company's new all-electronic exchange, will launch in late October 2010. Details on C2 trading access, connectivity and an overview of the market model were also announced.

Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.