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12.12.2019

U.S. banking regulators unveil proposal to update low-income lending standards

Two U.S. banking regulators unveiled a proposed overhaul to community lending standards on Thursday, kicking off a contentious policy fight over the proper way to ensure banks are supporting...
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11.12.2019

DoubleLine's Gundlach sees risk for U.S. credit when dollar weakens

The U.S. dollar's next big move will be lower, which could lead to a significant fall in U.S. bond prices and a slew of downgrades, Jeffrey Gundlach, chief executive of DoubleLine Capital said on...
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10.12.2019

BlackRock Investment Institute 'modestly positive' on risk assets for 2020

BlackRock Investment Institute said on Tuesday it was cautiously rotating into cyclical assets, Japanese equities and emerging markets.
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09.12.2019

Ackman's Pershing Square makes new bet on Agilent Technologies

Billionaire investor William Ackman's hedge fund Pershing Square Capital Management said Monday it bought shares in testing equipment company Agilent Technologies Inc, only its second new investment...
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05.12.2019

Investor to oppose Instructure's plans to sell to Thoma Bravo

Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion,...
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04.12.2019

Top U.S. stockpickers keep low profile

The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to raise...
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04.12.2019

U.S. banking regulators urge 'responsible use' of alternative lending data

U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure "responsible use" of non-traditional sources of financial data to help determine whether a...
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03.12.2019

U.S. consumer watchdog proposes exemptions for banks, credit unions on remittances

The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in...
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29.11.2019

U.S. stock funds see fourth straight week of outflows: Lipper

U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on Friday.
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27.11.2019

Your Money: On #GivingTuesday, companies turbocharge holiday giving efforts

Four years ago, PayPal set out to break the Guinness World Record for the most money raised online for charity in 24 hours.
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27.11.2019

HSBC private banking sees double-digit asset, revenue growth on Asia boost

The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit's chief executive told...
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27.11.2019

Exclusive: Hedge fund Citadel's commodities business up about $1 billion for the year - sources

Citadel's commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world's...
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26.11.2019

Local hero: Florida hotelier Harris Rosen keeps his giving close to home

Harris Rosen has a chain of eight hotels bearing his name in the Orlando area, but he makes most of his headlines these days for giving away his fortune.
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26.11.2019

Morgan Stanley fund offer for PNE too low: shareholders group SdK

Morgan Stanley Infrastructure Partners' offer for PNE which values the German renewable firm at 306 million euros ($337 million) is too low, small shareholders group SdK said on Tuesday.
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26.11.2019

Your Money: Looking For Holiday Buys? Try E-commerce ETFs 

First the bad news for your wallet: Americans are slated to spend more than they ever have this holiday season - around $730 billion in November and December, according to the National Retail...
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21.11.2019

U.S. stock funds lose $3.6 billion in week: Lipper

U.S. equity funds saw $3.6 billion in outflows in the week ended on Wednesday, according to data released on Thursday by Lipper.
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21.11.2019

Bacon's Moore Capital to return client capital after 30 years

Louis Moore Bacon, the billionaire hedge fund manager whose macroeconomic bets on currencies, interest rates and other securities earned his Moore Capital Management LP double-digit returns over 30...
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21.11.2019

Hedge fund Firefly hits out at Gulfport Energy's plans, demands board seat

Firefly Value Partners on Thursday asked Gulfport Energy for a seat on its board and criticized the "half-measures" which the U.S. gas exploration and production company is taking to improve its...
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20.11.2019

Fund investors continue retreat from U.S. stocks

Investors pulled approximately $3.4 billion out of mutual funds and exchange traded funds that hold U.S. equities last week, extending the largest sustained pullback from the domestic stock market in...
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20.11.2019

Equities back in favor for sovereign investors in third quarter

Sovereign wealth funds regained their appetite for equities in the third quarter, piling into passively managed stocks in the United States and equities in mainland China and elsewhere, according to...
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