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327 Results from /wholesale, 2014

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Banks and capital markets firms to boost compliance spending by 10% - Accenture

Nearly two thirds of European and North American banking and capital markets firms expect to significantly increase their spending on compliance risk management over the next couple of years, according to research from Accenture.

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Earthport boasts confident outlook as BAML comes onstream

AIM-listed low value payments network Earthport is reporting first half revenue growth of 88% to £3.32 million to end-December 2013, boosted by the recent acquisition of FX broker Baydonhill.

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New Zealand gives green light to crowdfunding

Financial market authorities in New Zealand have approved regulations for crowd funding and peer-to-peer lending as part of the government's financial market overhaul.

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Wall Street firms suspend participation in analyst surveys

Eighteen of Wall Street's top banks have agreed to suspend their participation in surveys of analyst sentiment amid concerns that the practice gives high-speed traders an unfair advantage over ordinary investors.

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@GSElevator unmasked: He doesn't work for Goldman Sachs

Lloyd Blankfein and co can breathe a sigh of relief after @GSElevator, the mysterious Tweeter who posts snippets of supposed overheard conversations from Goldman Sachs lifts, was unmasked by the New York Times. The culprit does not work for the bank.

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Business Wire stops selling direct feeds to HFT firms

Business Wire, the corporate news release distribution company owned by Warren Buffett's Berkshire Hathaway, is to stop selling its potentially market-moving content directly to high-frequency trading firms.

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Deutsche Bourse to build new clearing business in Singapore

Deutsche Börse has earmarked an additional EUR30 million in spending to spur plans for new growth initiatives over the coming year, including the creation of a central counterparty clearing house in Singapore.

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Global fixed income e-trading sees tepid growth

Electronic trading systems only managed to slightly increase their share of global fixed-income trading volume in 2013, accounting for a quarter of total volume executed, according to a report from Greenwich Associates.

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Compliance tech specialist Strevus raises $5.6m in series a funding

Strevus, a San Francisco-based startup providing data sharing risk and compliance management technology to financial service institutions, has raised $5.6 million in a series a funding round led by Blumberg Capital.

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Barclays takes fintech accelerator to New York

Barclays Bank has headed to New York in search of innovative fintech start-ups to join its three-month accelerator programme in London.

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Nous trading game app lets users bet on bitcoin price

Startup trading app outfit Nous has added bitcoin to the list of currencies players can bet on through its FX-forecasting game, Spark Profit.

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White House sets out voluntary cybersecurity framework

The White House has published a set of voluntary cybersecurity guidelines for critical infrastructure providers such as banks.