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The software glitch suffered by Knight Capital Group Inc. has resulted in a quarterly loss of $389.9-million (U.S.), or $6.30 a share. On the bright side, most of the firm's clients have come back, according to CEO Thomas Joyce.
Fundraising in Asia gets tougher while investors get pickier
Private equity funds raised in Asia Pacific in the third quarter of this year are down by almost half from the same period last year, according to data from the Asian Venture Capital Journal.
China hasn't heard about the deal drought
China's share of global mining deals nearly doubled in the first half of the year, even as deal activity fell by 30 per cent due to the broad economic slowdown.
HFT firm shuts after two years
Eladian Partners, operating since early 2011, is a victim of declining volumes on global stock exchanges.
Fiera on the hunt for acquisitions
The best-performing wealth manager among its North American peers this year is looking for acquisitions of companies with assets of up to $2-billion, says president and COO Sylvain Brosseau.
The 10 richest people who ever lived
Adjusted for inflation, of course.