Curated intelligence on quantitative finance

Ex-trader's bid to dismiss $1B source code theft case denied

A federal judge denied an ex-Headlands Technologies trader's motion to dismiss criminal charges related to alleged theft of source code that the firm invested over $1 billion to develop. The defendant was charged with using Headlands' proprietary code to launch a competing firm and partnering with a rival, highlighting serious intellectual property and competitive risks in quantitative trading.

Lazard bids to replace Centerview as Venezuela financial adviser, source says - Reuters

Lazard bids to replace Centerview as Venezuela financial adviser, source says - Reuters

Retains first place in IBSi Sales League Table for eighth consecutive year

Murex secured pole position in the IBS Intelligence Sales League Table's Wholesale Banking | Treasury and Capital Markets category for the eighth consecutive year and was inducted into IBSi's 'Leadership Club'. The firm also leads in the Islamic Treasury and Capital Markets category for the second year running, reinforcing its dominance in capital markets technology.

Watch Fed Hike Risk Lower After Deal: Natixis' Herrero - Bloomberg.com

Watch Fed Hike Risk Lower After Deal: Natixis' Herrero - Bloomberg.com

Lessons from Ireland’s Revolut revolution

The fintech’s model is proving more suitable for international scaling than the often outdated systems of legacy rivals

Bank of America CEO Brian Moynihan on how Americans are spending their money - Yahoo

Bank of America CEO Brian Moynihan on how Americans are spending their money - Yahoo

Blackstone increases SRT purchases as banks hedge growing loan portfolio risks

Blackstone Inc is pushing forward in the fast-growing market for significant risk transfers as banks hedge possible losses in their swelling loan books, having already bought deals linked to corporate, infrastructure and agricultural loans. This expansion in the SRT market reflects Blackstone's strategic positioning in risk management and alternative credit solutions.

MSCI (MSCI) CFO sells 450 shares under Rule 10b5-1 plan - Stock Titan

MSCI (MSCI) CFO sells 450 shares under Rule 10b5-1 plan - Stock Titan

Lendlease appoints Nick O’Neil as group CEO - Institutional Real Estate, Inc.

Lendlease appoints Nick O’Neil as group CEO - Institutional Real Estate, Inc.

AustralianSuper appoints Barbara Ginet as head of treasury, Europe

Australia's largest superannuation fund hired Barbara Ginet with extensive treasury and banking experience from Citi, UBS, Nomura and Deutsche Bank. This expands the fund's European operations and treasury management capabilities.

Franklin Templeton CEO sends strong message on SpaceX - thestreet.com

Franklin Templeton CEO sends strong message on SpaceX - thestreet.com

Ninety One AUM hits record £171.8bn, up 31% after Sanlam integration

Asset manager Ninety One reported strong FY2026 results with AUM reaching £171.8 billion (R3.9 trillion) as of March 31, 2026, up 31% from the prior year. The increase was driven by net inflows of £2.8 billion and the completion of its 15-year strategic partnership with Sanlam, which added £18.3 billion in assets. This marks a significant recovery for the firm after several years of underperformance.

NPS fund assets exceed 1,900 trillion won on market rally and Samsung gains

NPS fund assets exceeded 1,900 trillion won driven by KOSPI surge of more than 300 points and Samsung Electronics gain of over 10%. NPS cumulative returns hit 25% YTD with approximately 360 trillion won earned in investment returns this year, approaching 2,000 trillion won milestone.

Mubadala PE Arm Becomes Sought-After Deal Source, Active in 16 Deals in Q2

Mubadala's private equity arm has become a highly sought-after capital source capable of committing up to $2 billion per transaction, backed by the $385 billion Abu Dhabi wealth fund and involved in 16 deals in the past three months. This positions Mubadala as a major counterpoint to PE industry distress.

Morgan Stanley Forecasts AI Debt to Nearly Double to $570B in 2026

Morgan Stanley released a major forecast that global AI-tied debt issuance will reach nearly $570 billion in 2026, more than double from 2025. This reflects the firm's positioning at the center of the AI capital financing boom as institutional clients secure record debt funding.

Morgan Stanley Opens ShareWorks and Equity Edge Platforms to External AI Agents

Morgan Stanley has opened its equity platform infrastructure to external AI agents, signaling a major shift toward AI-driven investment management. This move reflects the firm's strategy to integrate AI into core wealth management operations.

How are Indians investing? Angel One CEO on SIPs, ETFs, AI and wealth creation - YourStory.com

How are Indians investing? Angel One CEO on SIPs, ETFs, AI and wealth creation - YourStory.com

How to get SpaceX stock — without buying the IPO - CNBC

How to get SpaceX stock — without buying the IPO - CNBC

NPS opens search for CIO to manage 1,800 trillion won fund in South Korea - CHOSUNBIZ - Chosunbiz

NPS opens search for CIO to manage 1,800 trillion won fund in South Korea - CHOSUNBIZ - Chosunbiz

BP overhauls organizational structure, restructures trading operations

BP announced a major structural reorganization effective July 1, 2026, transitioning to a two-segment model. Supply, Trading & Shipping will be split: gas and power trading align with Upstream, oil and products trading with Downstream. This restructures BP's integrated trading operations to simplify decision-making and sharpen operational focus on core hydrocarbons while reducing renewable energy investment.

Launches bStocks tokenized securities for 24/7 stock trading

Binance announced the admission to trading of bStocks, fully-backed tokenized securities representing select U.S. stocks issued by Binance affiliate BTech Holdings. Initial listings include Circle, Micron, NVIDIA, SanDisk, and Tesla, tradable 24/7 and usable across DeFi applications. This expands Binance's offering into regulated digital assets for equity exposure.

Q1 2026 revenue reaches $955M with 44% increase; energy momentum strong

BGC Group reported a 44% Q1 revenue increase, supported by organic growth, acquisitions, and electronic trading. The earnings showed meaningful year-on-year improvements in earnings per share from continuing operations, while management highlighted especially strong momentum in its Energy and Commodity Services business.

Trading revenue outpacing 15% growth forecast

Bank of America's trading desk is seeing momentum gaining steam, with revenue trending higher than the 15% increase the bank forecast last month, according to co-President Jim DeMare, who stated "I think we're going to be a little better than that" at the Morgan Stanley financial-services conference. This signals stronger-than-expected trading performance in the quant and systematic trading segments.

Jim Cramer on Galaxy Digital’s CEO: “Mike Is a Very Smart Guy” - Yahoo Finance

Jim Cramer on Galaxy Digital’s CEO: “Mike Is a Very Smart Guy” - Yahoo Finance

China markets are ‘much cheaper’, but beware the crackdown on overseas trading: Amundi CIO - The Business Times

China markets are ‘much cheaper’, but beware the crackdown on overseas trading: Amundi CIO - The Business Times

Binance targets 3 billion users by 2030 with new OMS toolkit and TradFi partnerships

Binance is aiming to expand its verified active user base from about 310 million to 3 billion by 2030, targeting a more than $2 billion gap between traditional finance and crypto infrastructure spending with a new OMS toolkit and institutional partnerships, including enabling institutions to pledge tokenized money market funds from firms like BlackRock and Franklin Templeton. This represents significant institutional product development and TradFi convergence strategy.

Eric Andersen becomes AIG President and CEO effective June 1, 2026

AIG Board confirmed Eric Andersen as new President and CEO, succeeding Peter Zaffino who transitions to Executive Chair. Andersen, formerly at Aon's executive committee, assumes leadership after an orderly transition period, signaling continued strategic momentum in AIG's turnaround.

Democrats ask Goldman Sachs CEO why he’s keeping lawyer who said she’d resign over ties to Epstein - CNN

Democrats ask Goldman Sachs CEO why he’s keeping lawyer who said she’d resign over ties to Epstein - CNN

RBC becomes first Canadian bank with Korean Won trading license in Korea

<cit index="2-2">RBC Capital Markets became the first Canadian bank granted permission to trade Korean Won directly in Korea's onshore market as a Registered Foreign Institution.</cit> <cit index="2-3,2-6">This registration enables global investors efficient, cost-effective access to Korean currency markets through a single trusted relationship rather than multiple intermediaries, with clients able to execute KRW transactions directly onshore at competitive pricing.</cit>

RBC Capital Markets plans significant US expansion with 205 hires in 7 months

RBC Capital Markets is expanding in US financial markets with hiring plans for senior bankers and graduates, having added 205 people in the US in the past seven months, including 23 managing directors. The firm recently landed roles in the SpaceX IPO and Alphabet's equity capital raise.