Morgan Stanley changing dark pool to attract bigger orders

Morgan Stanley plans to alter the way it brings orders together in dark pools, trying to encourage bigger trades for institutional customers after a three-year decline in the number of shares per transaction industrywide.


HSBC confirms talks to sell Canadian brokerage

As HSBC Holdings looks to shed costs from its global operations, the bank acknowledged it is in talks to sell part of its Canadian operations, but said a deal has not yet been reached.