Tag: Financial firms

• Friday, March 13th 2020 - 08:20 UTC

  Wall Street financial firms have most of its staff working from home

  

  Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.

• Tuesday, March 12th 2019 - 09:02 UTC

  Brexit impact has moved some £900bn in financial firms' assets out of the UK

  

  A report into the impact of Brexit on banking and finance firms says some £900bn in financial firms' assets have been moved out of the UK. It adds this has cost £3bn-4bn and involves 5,000 expected staff moves or local hires, and that figure will rise.

• Wednesday, February 7th 2018 - 08:44 UTC

  Algorithmic trading accelerated Black Monday markets plunge, speculate analysts

  

  Robot trading has accelerated this week's market dive and may have sparked the sell-off, experts say. Financial firms use computers programmed with complex sets of instructions known as algorithms, which identify trading opportunities and then strike faster than any human could.