Banking and Investment Services (TRBC)

Middle class parents paying least for college: study

Middle class parents paying least for college: study

Published 18/10/2018

NEW YORK (Reuters) - As U.S. high school seniors pare down their college wish lists and parents sweat over the bills, a new study by [more…]

Spotify takes minor stake in music distributor DistroKid

Spotify takes minor stake in music distributor DistroKid

Published 17/10/2018

NEW YORK/SAN FRANCISCO (Reuters) - Music streaming service Spotify said on Wednesday it had taken a stake in DistroKid, a distribution service that allows recording [more…]

Britain’s Schroders gains on potential Lloyds wealth deal

Britain’s Schroders gains on potential Lloyds wealth deal

Published 08/10/2018

(Reuters) - A wealth management tie-up between Schroders and Lloyds would give the asset manager access to the distribution network of Britain’s biggest bank, which [more…]

European shares fall as risk-off sentiment spreads

European shares fall as risk-off sentiment spreads

Published 08/10/2018

LONDON (Reuters) - European shares started the week in negative territory on Monday as fears a trade war could have a bigger impact than expected [more…]

Why are investment banks nervous about Australia’s cartel case?

Why are investment banks nervous about Australia’s cartel case?

Published 07/10/2018

SYDNEY/HONG KONG (Reuters) - Investment bankers are bracing for the start of a landmark legal case about alleged cartel activity in Australia’s financial sector, nervous [more…]

Under fire from Musk, top fund firms defend securities lending

Under fire from Musk, top fund firms defend securities lending

Published 05/10/2018

BOSTON (Reuters) - Accused by Tesla Inc Chief Executive Elon Musk of making “excessive profit” by lending shares to short-sellers, top index fund companies shot [more…]

U.S. debt markets hold few bargains: Oaktree’s Marks

U.S. debt markets hold few bargains: Oaktree’s Marks

Published 05/10/2018

NEW YORK (Reuters) - U.S. fixed-income markets are nowhere near ripe for bargain-hunting, even after two days of losses that have knocked bond prices to [more…]

ISS says renegotiating Dell tracking stock offer would be best option

ISS says renegotiating Dell tracking stock offer would be best option

Published 05/10/2018

(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) said on Friday that Dell Technologies Inc should renegotiate an offer to acquire a tracking [more…]

BNP Paribas Asset Management goes short U.S. tech stocks

BNP Paribas Asset Management goes short U.S. tech stocks

Published 05/10/2018

LONDON (Reuters) - BNP Paribas Asset Management is shifting its exposure across U.S. equities away from banks and positioning for a decline in technology stocks, [more…]

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Published 05/10/2018

(Reuters) - Wells Fargo & Co (WFC.N) is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported [more…]