Investment Management and Fund Operators (TRBC)

EU willing to provide some financial market access for Britain:…

EU willing to provide some financial market access for Britain:…

Published 23/04/2018

LONDON (Reuters) - The European Union has indicated that it is willing to provide some form of access for Britain’s vast financial services industry after [more…]

China fund managers slash ZTE valuation after U.S. sanction

China fund managers slash ZTE valuation after U.S. sanction

Published 23/04/2018

SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment [more…]

ANZ to book $484 million charge on wealth business sales

ANZ to book $484 million charge on wealth business sales

Published 23/04/2018

(Reuters) - Australia and New Zealand Banking Group (ANZ) said it would book a loss of A$632 million ($484 million) on the divestment of two [more…]

Wells Fargo agrees to pay $1 billion to settle customer abuses

Wells Fargo agrees to pay $1 billion to settle customer abuses

Published 20/04/2018

(Reuters) - Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of [more…]

UBS to lead European cross-border business from Switzerland

UBS to lead European cross-border business from Switzerland

Published 20/04/2018

(Refiles April 19 story to clarify description of northern European markets with looser cross-border regulations) By Brenna Hughes Neghaiwi and Angelika Gruber ZURICH (Reuters) - [more…]

U.S. ‘junk’ bond funds take in most weekly cash since 2016: Lipper

U.S. ‘junk’ bond funds take in most weekly cash since 2016: Lipper

Published 19/04/2018

NEW YORK (Reuters) - Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday, pumping [more…]

Firearms companies widely held in ETFs and funds: research firm

Firearms companies widely held in ETFs and funds: research firm

Published 19/04/2018

BOSTON (Reuters) - An estimated 24 percent of the world’s exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics [more…]

Merkel urges compromise, Macron wants solidarity on euro zone reforms

Merkel urges compromise, Macron wants solidarity on euro zone reforms

Published 19/04/2018

BERLIN (Reuters) - Germany’s Angela Merkel called for a spirit of compromise on reforming the euro zone at a meeting on Thursday with French President [more…]

Wall Street sees a win in proposed SEC investor protections

Wall Street sees a win in proposed SEC investor protections

Published 19/04/2018

CHICAGO (Reuters) - The long-running fight to protect retirement savers from conflicted investing advice shifted to a new battleground this week, and the first salvo [more…]

BlackRock wants regulators to address unequal voting rights

BlackRock wants regulators to address unequal voting rights

Published 19/04/2018

BOSTON (Reuters) - BlackRock Inc (BLK.N) on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of [more…]