By Iain Withers LONDON (Reuters) -Abrdn CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of client cash and a much[...]
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Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
By Saeed Azhar NEW YORK (Reuters) – U.S. investment bank Goldman Sachs is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill[...]
Read moreNorway’s wealth fund falls short on climate ambitions, NGO says
OSLO (Reuters) – Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushin[...]
Read moreNeed a hotel in the US for Graduation Day? Good luck
By Chris Taylor NEW YORK (Reuters) -If you think getting tickets to a Taylor Swift concert or the World Series is tough, try booking a hotel room in an American college town for Graduation Day. Toni M[...]
Read more‘Amazonia’ bonds in 2024 seen a tough sell for some
By Marc Jones, Simon Jessop, Jake Spring and Marcela Ayres LONDON/SAO PAULO (Reuters) -A political push to raise the first-ever “Amazonia Bond” has ramped up during talks to agree a[...]
Read moreIRS says beats US tax filing season service goals, needs funding sustained
By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service started tax filing deadline day on Monday by announcing that it had exceeded its goals for speeding assistance to taxpayers an[...]
Read moreSoaring insurance costs hit as US buyers finally get a break on car prices
By Timothy Aeppel (Reuters) – A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pea[...]
Read moreOnly child? Four ways to prepare as a caregiver for aging parents
By Chris Taylor NEW YORK (Reuters) – It is hard enough to be a caregiver for elderly parents when there are multiple siblings to help. Sometimes, there is only you. Just ask Michael Hausknost. T[...]
Read moreAs US bank profits drop, focus shifts to interest income outlook
By Nupur Anand NEW YORK (Reuters) -As U.S. banking giants prepare to report slightly lower first-quarter profits, investors will focus on how much more income executives expect from interest payments[...]
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