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Frankfurt and Dublin make bankers feel wanted in battle for Brexit jobs

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"I'm here to send you the regards of the Federal Chancellor. I am entitled to tell you we want you in Germany." This private message from Angela Merkel, delivered by a...

Aug 18

Exclusive: SEC officials' holdings, legal work, pose potential conflicts

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Two lawyers appointed to senior jobs at the U.S. Securities and Exchange Commission have ties to major companies including financial firms Goldman Sachs Group Inc and Wells...

Aug 17

Ackman says owned stake in Hilton, a previously unnamed bet

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Investor William Ackman said on Wednesday his hedge fund had bought and sold a stake in Hilton Worldwide Holdings, identifying the portfolio company that recently earned him a...

Aug 16

BlackRock's largest mutual fund boosts energy holdings: manager

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BlackRock Inc's largest mutual fund hiked its exposure to "select names" in energy as the sector has lagged this year, one of its portfolio managers said on Thursday.

Aug 17

Deutsche Bank, Bank of America settle agency bond rigging lawsuits

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Deutsche Bank AG and Bank of America Corp agreed to pay a combined $65.5 million to settle investor litigation accusing large banks of rigging the roughly $9 trillion government...

Aug 17

U.S. money market assets increased in latest week: iMoneyNet

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U.S. money market fund assets increased by $14.51 billion to $2.673 trillion in the week ended Aug 15, the Money Fund Report said on Wednesday.

Aug 16

U.S. high-yield fund withdrawals largest since March: Lipper

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Investors recoiled during a turbulent week for markets, pulling the most cash from high-yield bond funds since March and billions more from stock funds, Lipper data for...

Aug 17

Libor-tracking investments hit U.S. exchanges; complexity a worry

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Investors who place wagers on the direction of interest rates got a new set of U.S.-listed investment products on Wednesday, but their complexity may prove an obstacle to them...

Aug 16

ETFs are hot everywhere but workplace retirement plans

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Low-cost exchange-traded funds are a favorite of individual investors. ETF assets reached $2.9 trillion in 2017, up 32 percent in the last year, according to Investment Company...

Aug 15

LaSalle sets $1 billion target for pan-Asia real estate fund

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LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic real estate funds, one of which is expected to...

Aug 16