Katherine Doherty

Jane Street is repaying $5.5 billion of floating-rate loans as part of a broader overhaul of its $11 billion debt load.

The Securities and Exchange Commission is considering taking direct control of a controversial database that tracks trades across U.S. equities and

Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers pushing for innovation across the country.

The U.S. Securities and Exchange Commission (SEC) is considering taking direct control and funding of the Consolidated Audit Trail, a database tracking trades across U.S. equities and options markets. The proposed overhaul follows a 2025 court ruling that invalidated its existing funding structure, which required exchanges and the Financial Industry Regulatory Authority to finance the system and potentially recover costs from brokers. SEC Chairman Paul Atkins said direct administration could address longstanding concerns over costs, governance and funding, although changes likely would not occur until late 2027. The agency also plans to reduce expenses by deleting data older than five years and slowing certain reporting requirements, while limiting collection of unnecessary information.

Bank of America Corp. agreed to buy as much as 49.9% of a lending unit of India’s Jio Financial Services Ltd. for about $1.9 billion.

By Katherine Doherty and Chiranjivi Chakraborty Corp. agreed to buy as much as 49.9% of a lending unit of Jio Financial Services

Donald Trump’s social media company has been leaning on Wall Street’s fear of missing out in its pitch for a controversial new subscription to faster feeds from the president’s Truth Social account.

Donald Trump's social media company has been leaning on Wall Street's fear of missing out in its pitch for a controversial new subscription to faster feeds from the president's Truth Social account.

It's the latest gambit by Trump Media & Technology Group Corp., which has previously leaned into Wall Street fads like cryptocurrencies and prediction

For four hours in July, some of the biggest players in finance put Wall Street's long-running blockchain experiment to work across an ordinary trading day.