- Goldman Sachs pressed on strategy as new CEO confirmedGoldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he... ... Read more »
- Trading up: Life lessons with philanthropist John Arnold(The writer is a Reuters contributor. The opinions expressed are his own.) ... Read more »
- U.S. banks depositors shifting money, asking for higher ratesSlowly but surely, depositors are starting to shift money from basic U.S. bank accounts to products that pay more than a sliver of a percent in interest. ... Read more »
- Bank of America profit beats on consumer loan growth, lower expensesBank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a... ... Read more »
- SWFs face tougher dealmaking environment as protectionism growsSovereign investors are facing a tougher environment for dealmaking as rising protectionism threatens to curb inward investment and stunt trade, suggesting private market activity may have plateaued,... ... Read more »
- Investors switch to defensive equities and bonds: BAMLInvestors switched to defensive equities and bonds in the week to July 11 as the U.S. slapped tariffs on $34 billion of Chinese imports and then raised the stakes by threatening another round on an... ... Read more »
- Investors pull $1.85 billion from U.S.-based equity funds: Lipper(This July 12 story corrects data after Lipper revision on U.S.-based corporate investment-grade bond funds in paragraph 9.) ... Read more »
- A decade on, pre-crisis mortgages linger for big banks, homeownersA decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth. ... Read more »
- Column: Beyond GE - U.S. workers own too much company stock in retirement plansThe decision marked the end of an era: last month, the keepers of the Dow Jones Industrial Average removed General Electric Co, one of the original stocks included in the index when it was created in... ... Read more »
- Rock of Ages: Life lessons with Def Leppard's Joe Elliott(The writer is a Reuters contributor. The opinions expressed are his own.) ... Read more »
- Amid trade war, U.S. fund investors find little safe haven in goldThe fact that investors are siphoning money out of stocks is not helping gold, with the safe-haven asset suffering as people wary of a global trade war flock to the U.S. dollar. ... Read more »
- FM Capital Partners wins Libyan SWF fraud case against former CEOFM Capital Partners (FMCP), which manages money for sovereign wealth fund the Libya Africa Investment Portfolio (LAP), has won a London court case against its former chief executive officer (CEO)... ... Read more »
- How to shockproof your retirement healthcare costs(The opinions expressed here are those of the author, a columnist for Reuters.) ... Read more »
- Wilshire Funds Management alternative asset group loses more executivesTwo managing directors overseeing alternative investments at Wilshire Funds Management quit the firm in June, a person familiar with the matter said on Tuesday, as employees appeared increasingly... ... Read more »
- Morgan Stanley's Pick promoted to head of institutional securities: memoMorgan Stanley has promoted Ted Pick to head of its trading and investment banking businesses, the most recent elevation for an executive who has overseen several key initiatives at the Wall Street... ... Read more »
- BlueMountain hires four portfolio managers to build out relative-value focusBlueMountain Capital Management on Tuesday said it hired four portfolio managers to build out the hedge fund's new fixed-income strategy focused on relative-value investments in G7 government bonds,... ... Read more »
- Alan Alda's new life lesson is that people need to connect(The writer is a Reuters contributor. The opinions expressed are his own.) ... Read more »
- How to cope with old medical debtMy kids got a great report from the dentist at their last checkup. From the receptionist? Not so much. ... Read more »
- Third of sovereign funds plan to cut equity holdings, cite trade war fearOver a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in 2017, citing trade wars, geopolitics and high valuations as headwinds to... ... Read more »
- Japan's GPIF posts $50 billion loss in first-quarter as trade tensions hit stocksJapan's Government Pension Investment Fund, the world's largest pension fund, lost 5.5 trillion yen ($49.7 billion) on its investments in the first quarter as worries about U.S.-China trade friction... ... Read more »