BOSTON (Reuters) - U.S. public pension funds normally prefer a backseat role in overseeing the future of companies where they have billions of dollars invested.
CHICAGO (Reuters) - Newly empowered Republicans in Washington are not retreating from their battle to overturn a new regulation that protects retirement savers from conflicted investment advice. But for the public, the battle is winding down - and the regulators are winning.
NEW YORK (Reuters) - An ex-portfolio manager at Visium Asset Management LP corruptly sought to boost the value of one of its hedge fund's holdings, defrauding investors while enabling the investment firm to earn millions of dollars, a U.S. prosecutor told jurors on Wednesday.
NEW YORK (Reuters) - Morgan Stanley is rolling out a new software platform to 20 of its top financial advisory teams to help them see more of their wealthiest clients assets.
NEW YORK (Reuters) - Dan and Kelly Neubeck do not know what sunk the deal to buy their dream house in Chicago last fall. The process was rolling along after they signed the contract for a full-price offer, but somehow their love was unrequited.
BOSTON (Reuters) - Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase & Co $50 million richer.
NEW YORK (IFR) - Investors pushed back on new bond deals Wednesday, forcing three companies to restructure trades by removing language they said significantly erodes bondholder protections.
NEW YORK (Reuters) - Investors injected the most cash into U.S.-based bond funds and pulled the greatest amount of money from stock funds since the Nov. 8 U.S. presidential election during the latest week, Investment Company Institute data showed on Wednesday.
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