Reuters Money: December 12, 2016

Click to View in Browser Monday, December 12, 2016 Chipotle makes Steve Ells sole CEO, Monty Moran steps down (Reuters) - Chipotle Mexican Grill Inc said founder Steve Ells will be the sole chief executive and Monty Moran, co-chief executive, has stepped down. Goldman's Cohn to accept key economic post: CNBC (Reuters) - Goldman Sachs Group Inc's President and Chief Operating Officer Gary Cohn will shortly accept the post to head the National Economic Council (NEC), CNBC reported, citing a source. Coke CEO Muhtar Kent hands reins to Quincey in widely expected move (Reuters) - Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. U.S. regulator launches hotline for ex-Wells Fargo bankers fired during scandal NEW YORK (Reuters) - A private U.S. regulator launched a hotline on Friday to hear from ex-Wells Fargo & Co employees who were fired for allegedly opening unauthorized accounts after news reports that the bank may have retaliated by terminating whistleblowers in the scandal. Prudential stops distribution of policy sold through Wells Fargo (Reuters) - U.S. insurer Prudential Financial Inc said on Monday it had suspended the distribution of a low-cost life insurance policy through Wells Fargo & Co, pending a review of how the product was sold by the bank. Investors in delisted oil ETNs sell, but at a price NEW YORK (Reuters) - Investors are paying a price for not finding buyers for popular exchange-traded notes (ETN), used to bet on oil prices, that delisted from U.S. exchanges this week. Gabonese man pleads guilty in U.S. hedge fund bribery case NEW YORK (Reuters) - A Gabonese man who prosecutors say acted as a "fixer" for a joint-venture involving the hedge fund Och-Ziff Capital Management Group LLC pleaded guilty on Friday to U.S. charges that he engaged in a foreign bribery scheme. Nasdaq launches new Copenhagen index to reflect DONG, Nets IPOs COPENHAGEN (Reuters) - Stock exchange operator Nasdaq will replace Denmark's main C20 CAP index with a new index of 25 companies to reflect a higher market capitalization and turnover following two of the world's biggest IPOs in Copenhagen this year. Credit Suisse lowers hurdle to redeem delisted oil ETNs NEW YORK (Reuters) - Credit Suisse on Friday said it would lower investors' hurdle to redeeming two popular exchange-traded notes, used to bet on the price of oil, after it delisted the products in a surprise move this week. U.S. shares most attractive but recession may loom: Principal Global CEO TOKYO (Reuters) - Principal Global Investors has upgraded its view on the U.S. economy and equities as it sees higher growth because of likely tax cuts and increased fiscal spending from the incoming U.S. administration, its chief executive officer said on Friday. Related Video S&P ends week up three percent Kevin Kelly on where the risk could be in this market Related News Oil hits highest since mid-2015 as global producers agree to cut National Amusements pulls CBS, Viacom merger proposal: sources 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