Wall Street banks prepare for round-the-clock stock trading, reluctantly. Despite the fast-approaching era of 24-hour trading in U.S. stock markets, not all of Wall Street is welcoming the transition. Several large U.S. banks are hesitant to invest heavily in the infrastructure required for nonstop trading,...
U.S. private-equity giant KKR sees opportunity in Canada’s infrastructure push. The firm, which manages US$723 billion in assets, is shifting its business focus towards managing assets that produce regular cash flows, a move that is being mirrored by many of the world's largest investors....