consolidation news from FierceFinance

The conventional wisdom continues to be that conservative, deposit-taking businesses are in vogue. For Citigroup, you have to wonder if the board will focus on building a truly national retail... Read more...

It's fair to say that banks are still in cost-cutting mode. CNNMoney notes that at most banks, the two biggest sources of expenses are employees and real estate. We've seen a lot of head count action... Read more...

Company News:> Bullishness on Franklin Resources. Article >... Read more...

We all know that the private equity industry has entered a down cycle. But is it so bad that we'll see a lot of consolidation? It doesn't seem like any major firm is anywhere close to that level of... Read more...

We're witnessing an explosion in trading options these days that has led to growing concerns on the buyside about fragmentation and the thought that perhaps good trading opportunities are being... Read more...

Since the start of last year, the number of so-called dark pools has doubled to more than 40, according to Financial News Online. Obviously not all of these guys will survive. Most people... Read more...

Since most Street firms agreed, as part of the much-reported global settlement, to separate research from banking, a cottage industry of Read more...

Consolidation in the banking industry has been a big story; the number of banks in the U.S. has fallen to 7,402 in 2006 from 14,411 banks in 1977. But just when you think that big-ness is taking... Read more...

We were all expecting more consolidation in the custodial services niche. Credit Suisse-advised State Street's deal to buy Investors Financial Services for $4.5 billion reflects that. The premium... Read more...

The London Stock Exchange has responded to the hostile action of the Nasdaq with a document that makes clear its view that the Nasdaq's bid is not rich enough. It does not mention any competing... Read more...