Reuters Money: December 8, 2016

Click to View in Browser Thursday, December 8, 2016 Column: How part-time work hurts U.S. workers' retirement security CHICAGO (Reuters) - The Great Recession took any number of wrecking balls to the retirement security of American workers, including wages and pension benefits, home equity and savings. But one of the less understood areas of hurt continues to this day: part-time work. Exclusive: U.S. regulator set to fail Wells Fargo on community lending test - sources WASHINGTON (Reuters) - A U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending, sources familiar with the decision said on Wednesday, in a move that could limit near-term expansion for the bank. Dow transports set closing record high after 2-year wait NEW YORK (Reuters) - The Dow Jones transportation average hit a record high close, led by increases in shares of Norfolk Southern , Union Pacific and FedEx Corp , giving some investors hope the stock market is poised for further gains. More women on boards=higher dividend rates: James Saft (Reuters) - Companies with weak corporate governance benefit from having more female board members, who help shareholders to benefit from higher dividends. EFG International to cut up to 450 jobs as part of BSI integration ZURICH (Reuters) - Swiss private bank EFG International plans to cut up to 450 jobs over the next three years as part of its takeover of BSI Bank. Citigroup fourth-quarter markets revenue trending up 20 percent vs year ago NEW YORK (Reuters) - Citigroup Inc fourth-quarter markets revenue is running about 20 percent higher than last year, chief financial officer John Gerspach said on Wednesday. Pimco Total Return posts $2 billion net outflow in November NEW YORK (Reuters) - Investors pulled $2 billion of net cash from the Pimco Total Return Fund, once the world's largest bond fund, in November, bringing year-to-date total cash withdrawals to $12.9 billion, Morningstar said on Wednesday. BlackRock 'less committed' to specific targets, but forecasts growth NEW YORK (Reuters) - A top BlackRock Inc executive said the world's largest asset manager could benefit from rising interest rates as its clients keep their stakes in bonds and as revenues from other businesses grow. Brazil's Anbima says hedging crucial to lure foreign capital SAO PAULO (Reuters) - The issue of designing effective instruments that protect long-term foreign investors from bouts of currency volatility in Brazil is crucial to helping lure capital for infrastructure in the years ahead, a financial industry group said on Wednesday. Poll: U.S. bull market seen extending into 2017 but Trump a wild card NEW YORK (Reuters) - The U.S. stock market's bull run since 2009 will extend into 2017 if President-elect Donald Trump's plans to stimulate the economy with infrastructure spending and financial deregulation come to pass, according to strategists in a Reuters poll. Related Video Wall Street surges to new highs, transports set record Goldbean's Jane Barratt on the Trump Twitter stock impact Related News Dow hits record high at open U.S. jobless claims drop from five-month high 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