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21.09.2017

Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

LONDON (Reuters) - Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in...
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23.09.2017

Wells Fargo hires new law firm to prepare CEO for Senate appearance

NEW YORK (Reuters) - Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer...
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23.09.2017

Ackman targets retail investors in ADP proxy contest

BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc , is turning up the heat in his proxy war for the human...
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21.09.2017

Mutual fund giant Vanguard says hack at SEC won't hurt clients

BOSTON (Reuters) - Vanguard Group, the largest U.S. mutual fund company, said on Thursday that the hack into the Securities and Exchange Commission's electronic filings database will not hurt clients.
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21.09.2017

U.S. household net worth rises again in second quarter 2017

WASHINGTON (Reuters) - The wealth of U.S. households rose to $96.2 trillion in the second quarter of this year as U.S. stock prices hit record highs and home values continued to climb, a report by...
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21.09.2017

Wells Fargo CEO to testify before Senate as questions linger over scandal

WASHINGTON (Reuters) - Wells Fargo Chief Executive Tim Sloan is due to testify before Congress on Oct. 3 as the bank deals with fallout from a sales scandal a year ago that continues to spark new...
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21.09.2017

Latest Republican assault on healthcare would punish older Americans

CHICAGO (Reuters) - The Republicans’ battle to repeal Obamacare is starting to look less like warfare and more like a game of whack-a-mole.
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22.09.2017

U.S. bond funds, tech stocks attract huge inflows: Lipper

NEW YORK (Reuters) - U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a...
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22.09.2017

Three tips for smart dividend ETF plays

NEW YORK(Reuters) - Pop quiz: What percentage of long-term stock market returns are thanks to the humble dividend? Five? 10? 20?
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25.09.2017

College savings in 529 plans may be worth less than hoped

CHICAGO (Reuters) - (In this Sept. 20 column, corrects penultimate paragraph to say that the duration of the average 529 fund for 19-year-olds is 4.32 years instead of 4.32 percent, and that many of...
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