MITRA MANDAL GLOBAL NEWS

Reuters Money: December 21, 2016

Click to View in Browser
Wednesday, December 21, 2016
Column: Heading off a housing crisis for U.S. seniors
CHICAGO (Reuters) - Debates about improving America's infrastructure typically focus on projects like bridges, roads, railroads and power grids. But with President-Elect Donald Trump calling for $1 trillion in infrastructure spending over the next 10 years, here is an item that should be added to that list: affordable housing for seniors.
Canadian Mint joins private blockchain platform
TORONTO (Reuters) - The Royal Canadian Mint has joined a blockchain platform run by Goldmoney Inc, the first time in the world that mint-vaulted bullion has been traded on such a private digital ledger, the Canadian fintech company said on Wednesday.
Former BlackRock fund manager jailed for insider trading
LONDON (Reuters) - A former fund manager at the London division of the asset manager BlackRock Inc on Wednesday was sentenced to 12 months in jail after pleading guilty to two counts of insider dealing.
Exclusive: Blackstone Group winds down Senfina hedge fund
BOSTON (Reuters) - Blackstone Group is winding down its "big bet" hedge fund Senfina Advisors LLC after it faced mounting double-digit losses on its investments this year, a spokeswoman confirmed on Tuesday.
Banks loosen lending standards for fourth straight year: U.S. regulator
WASHINGTON (Reuters) - Large U.S. banks raised their own risks by pushing down lending standards for a fourth consecutive year in 2016, one of the top federal banking regulators said on Tuesday.
U.S. charges Platinum Partners execs with $1 billion fraud
NEW YORK (Reuters) - Top executives of New York-based hedge fund manager Platinum Partners were arrested on Monday and charged with running a $1 billion fraud that federal prosecutors said became "like a Ponzi scheme" as its largest investments lost much of their value.
Swiss watchdog fines banks almost $100 million over rate cartels
ZURICH (Reuters) - The Swiss Competition Commission (COMCO) fined several European and U.S. banks almost 100 million Swiss francs ($97.3 million) over interest rate cartels, the latest punishment dished out in connection with rate-rigging scandals.
Hedge fund Ardmore shutting, manager moving to Citadel's Aptigon
BOSTON (Reuters) - Prominent technology investor Chris Connor is shutting down his hedge fund less than one year after launching it and will be joining Citadel, one of the industry's biggest players, two sources familiar with the move said on Tuesday.
Legal pot growers to drive up California warehouse rates
(Reuters) - Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants.
Citadel's Adam Cooper to retire in 2017, Fagan promoted
BOSTON (Reuters) - Investment firm Citadel LLC said on Tuesday that its chief legal officer, Adam Cooper, plans to retire in 2017 and that Shawn Fagan has been promoted to general counsel for its hedge fund business.
Related Video
Banks push Wall Street up; Dow brushes against 20,000
Stifel's Lindsey Piegza on the economy and the markets
Related News
U.S. mortgage activity edges up even as rates head higher
Wall Street little changed; Dow still flirting with 20,000
Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today
» » MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters
Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book.
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter Friend us on Facebook

No comments:

Post a Comment

Mitra-mandal Privacy Policy

This privacy policy has been compiled to better serve those who are concerned with how their  'Personally Identifiable Inform...