Industry

Nasdaq hopes to settle on Facebook IPO

Last May’s error-ridden Facebook IPO was the result of a Nasdaq system failure — a millisecond blip that caused a 20-minute delay in trading, reports ft.com. Now, the exchange operator is in talks with U.S. regulators over a potential settlement on the issue. Read more. Also read: The “Facebook cliff” Facebook IPO provides lessons for […]

By Wire services |February 6, 2013

1 min read

Canadians cut retirement savings goal

Canadians have pared back their retirement savings goal by more than $200,000, finds the 23rd Annual RBC RRSP Poll. The study, which polled 1,225 Canadian adults, found almost half 46% of retired Canadians and only one-in-four (23%) Canadians who are not yet retired have determined the amount of money they will need for a comfortable […]

By Staff |February 6, 2013

3 min read

Goldman Sachs’ O’Neill to retire

Jim O’Neill, chairman of Goldman Sachs’ asset management arm, is retiring, reports the Financial Times.

By Staff |February 6, 2013

1 min read

Agencies haunted by credit-crisis mistakes

Investors believed the blunders of the credit crisis were a thing of a past, reports Financial Times. But the recent slew of legal actions—including the case against S&P over alleged fraudulent ratings—has reminded markets there are still claims against major industry players that have be sorted out. Read more. Also read: S&P employees mocked company […]

By Wire services |February 6, 2013

1 min read