The Depository Trust & Clearing Corporation said Tuesday it plans to add a chairman of the board, with separate duties from that of its chief executive officer, Don Donohue.

The social media landscape is still a jungle for many financial institutions, but a few have cut a clear path for themselves.

Americans are feeling badly about their financial security -- and are giving President Obama reason to worry about his job security, given his work on reviving the economy, according to a new Harris Poll.

Dreyfus and Merlin Securities equip wholesalers and hedge fund customers with iPads.

The four major exchange operators – NYSE Euronext, Nasdaq OMX Group, Direct Edge and BATS Global Markets – will be observing Christmas Eve. But not New Year’s Eve.

The platform, which allows clients to obtain two-way dealable prices and execute trades live or with delta exchange, is a component of BofA Merrill’s overall eFX offering.

MasterCard said its SecureCode payment verification system experienced disruptions temporarily Wednesday as part of an attack that also took out its main website by overwhelming it with high traffic.

Deutsche Bank’s fund arm goes the extra mile to promote its funds, a Corporate Insight study finds.

Broadridge Financial Solutions said it acquired Forefield, Inc., in an effort to expand its business in electronic communications with investors.

The London Stock Exchange Group said UBS AG became the first international bank to begin directly reporting market data usage, in real time.

State Street said it will cut 5% of its work force, as it accelerates its investment in new technologies such as "private processing clouds."

The wealth management center features commentary on a variety of financial planning subjects, including information on taxes, planning for retirement and other wealth-related strategies, and a range of investment and wealth management information, planning ideas and tools.

The best online experiences employ a kind of magic — and one of the Web's leading conjurors says banks can learn the tricks.conjurors

With 266 million users in North America, the Internet and social media have become a significant part of the financial services landscape.

Bank of America Merrill Lynch introduced a gauge of risk, hedging demand and investment flows, the bank and brokerage firm said, "is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators," such as the Chicago Board Options Exchange Market Volatility Index, or VIX.

Goldman Sachs introduced an upgraded version of its execution management system, designed to help traders carry out 'relative value' strategies aimed at cancelling out effects of broad market moves.

Risks can be mitigated by utilizing stronger data security programs, Ernst & Young report says.

Advisors may want to heed stats noting that Android and iPhone are crushing BlackBerry when it comes to business use and app development.

More IT spending will shift its strategic use to better understand customers and markets, boost sales opportunities, survey says.

Cambridge CTO will provide chief technology officer expertise for funds.