By Seher Dareen and Ross Kerber (Reuters) -The New York State Common Retirement Fund will restrict its investments in eight integrated oil and gas companies, including the divestment of a small share[...]
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NYCB discloses over $18.7 billion in reciprocal deposit capacity, shares rise
By Manya Saini (Reuters) -New York Community Bancorp shares rose 5% on Thursday after it disclosed it has more than $18.7 billion in reciprocal deposit capacity to offer its customers expanded deposit[...]
Read moreMorgan Stanley laying off hundreds in wealth management unit, source says
By Mehnaz Yasmin (Reuters) -Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a s[...]
Read moreAnalysis-US banks, private equity firms compete to finance debt-backed deals
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) – Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity[...]
Read moreDelaying Medicare sign-up can be a costly lifetime mistake
(This Feb. 8 column has been corrected to change the type of company to ‘an employer with fewer than 20 workers’ instead of ‘an employer with 20 or fewer workers,’ in paragraph[...]
Read moreAnalysis-Emerging market debt sales hit January record despite elusive flows
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Sovereign debt sales from developing nations scaled an all-time record for January at $47 billion led by major and less risky emerging ma[...]
Read moreHong Kong billionaire Richard Li seeks to sell asset manager PineBridge -sources
By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire Richard Li, is seeking to sell its majority stake in asset manager PineBridg[...]
Read moreInvestors yank over $100 billion from hedge funds in 2023 – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) -Investors withdrew over $100 billion from hedge funds last year in a second consecutive year of outflows of this scale, according to a Nasdaq eVestment report on Tu[...]
Read moreAustralia govt reshapes tax cuts to woo low-income voters, rejects inflation risks
By Renju Jose and Alasdair Pal SYDNEY (Reuters) -Australia’s centre-left Labor government on Thursday made changes to planned tax cuts, trimming benefits to the wealthy while giving low-income e[...]
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