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News

PCAOB proposes seven new risk standards

In the wake of the financial crisis, the government seems to be getting serious about risk control. We've long suggested that regulatory reform always follows major crises. The move by the PCAOB to... Read more...

Press Releases

CNA Financial Completes $500 Million Offering of Senior Notes

CHICAGO--(BUSINESS WIRE)-- Today, CNA Financial Corporation (NYSE: CNA) announced the completion of its previously announced public offering of $500 million aggregate principal amount of 5.875% Read more >>

OneChicago Reports July 2010 Volume, Up 99% From July 2009, Open Interest Up 72% From June 2009

CHICAGO, Aug. 3 /PRNewswire/ -- OneChicago, LLC ("OCX") today reported that 599,564 security futures contracts traded at the Exchange in July 2010, an increase of 99% from July 2009. Year to date Read more >>

Fitch Affirms Banco Leon's Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed the ratings of the Dominican-based Banco Multiple Leon (BML) as follows: --Long-term foreign and local currency Issuer Default Ratings (IDRs) at Read more >>

Fitch Affirms Banco BHD's Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed the ratings of the Dominican-based Banco BHD (BHD) as follows: --Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B'; Read more >>

Penson Financial Services Names Andrew Konchan as Chief Information Officer

DALLAS--(BUSINESS WIRE)-- Penson Worldwide, Inc. (NASDAQ: PNSN) announced today that its US securities clearing unit, Penson Financial Services, Inc. (PFSI), named Andrew Konchan as Chief Information Read more >>