Reuters Money News Feed

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Australia's prudential regulator said it intends to prescribe stricter terms on executive pay policies of the country's large banks, retirement funds and insurers as it seeks to enhance... Read more »

For Americans worried about the escalating price of a college education, here's good news: Tuition for the typical family barely budged in the past year, following years of out-of-control U.S.... Read more »

Fund managers purchased the least amount of U.S. 30-year Treasury bonds at an auction in 10 months earlier this month that intensified a sell-off in the bond market, according to data released from... Read more »

(This July 19 story corrects to say the fund has a negative process pillar rating, not negative overall rating, in the fifth paragraph) Read more »

A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc's 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a... Read more »

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,... Read more »

BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products. Read more »

Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday, but said "it has... Read more »

The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday said another $860 million may soon be returned to the swindler's customers, under a settlement with offshore funds that... Read more »

CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who took over the... Read more »

Australia's prudential regulator should become less "discreet" Read more »

Fund managers have trimmed cash holdings and added risk to their portfolios following the U.S. Federal Reserve's dovish pivot and after Beijing and Washington agreed a temporary truce to their... Read more »

The number of family offices -- companies that manage portfolios for individual families -- has risen by 38% over the past two years worldwide, advisory group Campden Wealth said, with the firms... Read more »

Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy... Read more »

Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business. Read more »

Balyasny Asset Management, a Chicago-based hedge fund that shed $4 billion in assets last year and cut 20% of its staff, was back in positive territory for the first half of this year, suggesting its... Read more »

Charles Schwab Corp is in talks to buy brokerage and wealth-management operations from USAA for about $2 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Read more »

Nomura Holdings Inc will pay $26.5 million to settle U.S. Securities and Exchange Commission charges that it failed to properly supervise five former traders who lied to customers about mortgage bond... Read more »

A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse on Friday of Budweiser APAC's $9.8 billion... Read more »