Chicago-based global asset management and multi-strategy hedge fund provider to individuals and institutions, Citadel, are expanding their business by trading directly on electronic platforms.

BWise, a platform recently acquired by Nasdaq, believe that in order to gain trust from users and build new revenue streams, financial services firms should take control of their risk management.

US companies are increasingly considering basing their finance, technology and other business services operations in mid-size US cities instead of offshore locations, according to new research by The Hackett Group.

David Lau has been appointed as the new head of global investment banking for JPMorgan Hong Kong, replacing an executive fired because of connections to an investigation surrounding the company’s hiring in Asia.