Going for-profit is not off the table at The New York Stock Exchange (NYSE). In a recent interview with CNBC, Richard Grasso, chairman of the NYSE, said that "it behooves us to take a strategic look as to whether the structure of this institution should be that" and cited pressure from competing for-profit stock markets. He went on to say that if the Big Board were to sell stock in itself there is "a distinct possibility" that it would use the new shares as currency with which to acquire com
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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