Category: Mark Williams

Bitcoin Futures Might Be Coming Soon

Wall Street Journal Mark Williams, Questrom School of Business Bitcoin has moved one step closer to mainstream credibility after the world’s largest futures exchange operator launched a pair of indexes designed to track the virtual currency’s price. Expert quote: “Bitcoin pricing is still in the Wild West stage with unregulated bucket shops influencing daily price […]

Credit Agency Warns Negative Outcome On Municipal Finances If Charter Ballot Question Passes

WBUR Mark Williams, Questrom School of Business The city of Boston currently has a AAA bond rating, the highest possible. But that could change if the state’s ballot Question 2 passes, according to an email sent to Boston and three other Massachusetts cities this week by Moody’s Investors Service… Listen to audio of expert Mark […]

Job hit for St. Louis with TD Ameritrade buying Scottrade; arena will get new name

St. Louis Post-Dispatch Mark Williams, Questrom School of Business TD Ameritrade and Toronto-Dominion Bank have agreed to buy Scottrade in a $4 billion deal that combines two of the nation’s leading discount brokerages but will cost the St. Louis region hundreds of jobs… Expert quote: “The market is so competitive as-is, and execution and costs […]

White House rejects Warren call to remove leader of SEC

Boston Globe Mark Williams, Questrom School of Business The Obama administration on Friday said it stands behind the chairwoman of the Securities and Exchange Commission, hours after Senator Elizabeth Warren in a searing letter asked the president to remove Mary Jo White as the nation’s top securities regulator… Expert quote: [Pretending to speak as Elizabeth […]

Wall Street Shrinks Further in Asia With Goldman, BofA Cuts

Bloomberg Mark Williams, Questrom School of Business Even a record acquisition spree by Chinese companies isn’t enough to ease pressure on investment banks to cut costs in Asia, with Goldman Sachs Group Inc. and Bank of America Corp. becoming the latest firms to prepare job reductions… Expert quote: “Goldman Sachs is the standard bearer in […]