Money

U.S. hedge fund Tiger Global has invested more than $1 billion in Barc

U.S. hedge fund Tiger Global has invested more than $1 billion in Barc

Published 21/01/2018

FILE PHOTO: The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial [more…]

Factbox: Big U.S. banks’ fourth-quarter results muddied by new tax law

Factbox: Big U.S. banks’ fourth-quarter results muddied by new tax law

Published 19/01/2018

FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon [more…]

U.S. fund investors pull most cash from ‘junk’ in two months: Lipper

U.S. fund investors pull most cash from ‘junk’ in two months: Lipper

Published 19/01/2018

NEW YORK (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield “junk” bonds during the latest week, Lipper data showed on Thursday, offering new [more…]

Thadaney to leave Toronto Stock Exchange owner TMX Group

Thadaney to leave Toronto Stock Exchange owner TMX Group

Published 18/01/2018

(Reuters) - TMX Group’s (X.TO) head of equity capital markets, Nicholas Thadaney, is leaving Canada’s biggest stock exchange operator after a reorganization of the company, [more…]

Ex-Bank of America executive Malik to launch fund advisory firm

Ex-Bank of America executive Malik to launch fund advisory firm

Published 18/01/2018

FILE PHOTO: Omeed Malik, managing director and global head of capital strategy at Bank of America Merrill Lynch, speaks during the SALT conference in Las [more…]

Your estate plan needs an update, even if it is new

Your estate plan needs an update, even if it is new

Published 18/01/2018

A generic picture of a some office folders or binders. OFFPO REUTERS/Catherine BensonNEW YORK (Reuters) - Got a dusty old binder with your will and [more…]

U.S. ‘socially screened’ funds draw second-biggest inflows ever

U.S. ‘socially screened’ funds draw second-biggest inflows ever

Published 12/01/2018

FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File PhotoNEW YORK (Reuters) - U.S. investors poured $4.7 [more…]

New Vanguard CEO Buckley says indexing fosters competition

New Vanguard CEO Buckley says indexing fosters competition

Published 12/01/2018

Vanguard Group CEO Mortimer "Tim" Buckley is pictured in this undated handout photo obtained by Reuters January 11, 2018. Vanguard Group/Handout via REUTERSBOSTON (Reuters) - [more…]

Fields of Gold? Jana seeks new money, allies with impact hedge fund

Fields of Gold? Jana seeks new money, allies with impact hedge fund

Published 12/01/2018

FILE PHOTO: Barry Rosenstein, managing partner of Jana Partners, speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014. SALT [more…]

U.S. consumer watchdog official takes leadership fight to appeals cour

U.S. consumer watchdog official takes leadership fight to appeals cour

Published 12/01/2018

Leandra English (L), current acting director of the Consumer Financial Protection Bureau (CFPB) meets with Senate Democratic Leader Chuck Schumer (D-NY) and Senator Elizabeth Warren [more…]