By Patturaja Murugaboopathy and Chuck Mikolajczak (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market funds[...]
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Economy
Exclusive-German banks hit by wave of complaints from savers
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex th[...]
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Goldman Sachs fined $3 million by FINRA over mismarking short sale orders
NEW YORK (Reuters) – The Financial Industry Regulatory Authority, Wall Street’s self-funded watchdog, fined Goldman Sachs Inc $3 million on Tuesday for mistakenly marking some of its stock[...]
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Crisis jolts Wall Street bankers already resigned to tough job market
By Tatiana Bautzer NEW YORK (Reuters) -Wall Street bankers face an increasingly gloomy job market after last month’s banking crisis worsened an already bleak outlook for pay and staffing. The fa[...]
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Cryptoverse: Bitcoin traders like their options
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin opt[...]
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US IRS to unveil $80 billion 10-year spending plan this week, Yellen says
WASHINGTON (Reuters) – The Internal Revenue Service will unveil its long-awaited 10-year spending plan for $80 billion in new funding to beef up enforcement and taxpayer services, U.S. Treasury[...]
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Column-The new US Social Security forecast: what it means for retirees
By Mark Miller (Reuters) – The forecast for Social Security got a bit more cloudy last week, with the program’s trustees projecting that the critical retirement program will run short of cash on[...]
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Hedge funds retrench after getting pummeled during wild March
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) – March’s market turmoil has forced many macro and trend-following hedge funds to cut bait on bad port[...]
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What crisis? U.S. bank-focused ETFs see strongest demand in months in March
By Lisa Pauline Mattackal (Reuters) – March recorded the worst U.S. bank failures since the 2008 crisis, but that did not stop some investors from snapping up battered financial stocks to bolste[...]
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