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Headcounts are plummeting, revenues are drying up and regulations are beginning to bite. Plus, London's dominance of the industry is slipping in favour of Wall Street and Asia.
Occupy Wall Street is back
And Wall Street is probably more than happy to see it.
NYSE rapped for high-frequency trading practices
Turns out that favouring proprietary customer feeds over public ones is frowned upon by the SEC.
Investors are just not that into South African miners
Threats of a general strike in the wake of the Lonmin mine massacre have led prominent international fund managers to pull their holdings out of South Africa's natural resources sector.