 | | | | NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would require brokers at firms like Morgan Stanley and Merrill Lynch Wealth Management to clearly explain the fees investors pay and commissions brokers earn when giving financial advice. | | | | | | NEW YORK (Reuters) - Goldman Sachs analysts said on Thursday concerns about a U.S. yield curve inversion among traders as an omen of a looming recession are "overblown," though an inversion is often followed by a 3 percent to 5 percent drop in the S&P 500. | | | | | | NEW YORK (Reuters) - A plan by U.S. regulators to test banning the rebates stock exchanges pay to brokers that provide liquidity, in an effort to reduce potential conflicts of interest, will ultimately harm investors, the president of exchange operator Cboe Global Markets said on Wednesday. | | | | | | NEW YORK (Reuters) - Goldman Sachs Group Inc on Tuesday reported a year-on-year jump in debt underwriting revenue after working on financing for big M&A deals that some peers missed out on. | | | | | | CHICAGO (Reuters) - Shavondra Britton had a pretty typical high school experience. | | | | | | ZURICH (Reuters) - Activist investor RBR Capital Advisors, which last year called for Credit Suisse to be broken up, does not hold any registered shares in the bank, both parties said on Wednesday. | | | | | | LONDON (Reuters) - Sometimes the old-fashioned methods work best and that proved true this week in the high-stakes world of hedge fund trading. | | | | | | NEW YORK (Reuters) - Martin J. Whitman, the founder of New York-based investment firm Third Avenue Management and known for his "safe and cheap" value-investing strategy, died Monday evening at 93, the firm announced on Tuesday. | | | | | | NEW YORK (Reuters) - Wells Fargo & Co's two biggest competitors have been nabbing market share in lending to commercial and industrial customers in the American heartland, a sign of how difficult it has become for the scandal-tarnished bank to defend its position against rivals. | | | | | | NEW YORK (Reuters) - The biggest stock-picking fund at BlackRock Inc raised its bet on Facebook Inc in March, a source familiar with the matter said, making the social media company a top 10 equity holding and apparently betting that Facebook's privacy scandal will not weigh on the stock for long. | | | | | |
