(Editor’s Note: This story will appear in the Winter/Spring digital edition of the FTF News magazine, which will be online next month.) J.P. Morgan’s realignment of its investment-banking and Worldwide Securities Services businesses has yielded not only the Corporate & Investment Bank unit but has led to an overhaul of its reference data operations. The… Read More >>
Bloomberg Hires from Bridgewater for Security Chief as FIX Trading Community Revamps
Former Bridgewater Security Chief Moves to Bloomberg News and market data giant Bloomberg has named Paul Wood, the former chief information security officer at investment firm Bridgewater Associates, as its chief risk and compliance officer, officials say.For the newly created role at Bloomberg, Wood will oversee all risk, corporate compliance, client data security, and security… Read More >>
Stanley Young Leaves Bloomberg as a Regulatory Support Trio Creates ‘Cordium’
Stanley Young Leaves Bloomberg Stanley Young, the CEO for enterprise products and solutions (EPS) at Bloomberg for the past year, has confirmed that he has left the market data and media giant. “I have left Bloomberg and I am not yet ready to talk about where I am going,” said Young in an emailed response… Read More >>
Is Bloomberg’s Snooping More than a Tempest in a Terminal?
Bloomberg’s recent admissions that it overstepped a boundary or two when it allowed reporters to regularly access clients’ customer relationship management data is more than just a tempest in a terminal. Major Wall Street firms are demanding to know more because of the potential confidentiality, compliance and security breaches that may have resulted from this… Read More >>
Bloomberg Takes CFTC to Court
Bloomberg is challenging the CFTC in court over a new rule for margining that the media giant says favors futures over swaps. The legal move is seen as an effort to thwart a potential market shift away from swaps transacted via forthcoming swap execution facilities (SEFs) and toward established futures exchanges.Bloomberg, which is laying the… Read More >>
