financial services news
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Hedge Funds in Retirement Plans? Don't Bother
New York City :: NY :: USA | 23 hours ago
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Don't Bother The headlines have a strangely unreal ring about them these days. The Federal Reserve's easy money policy is either about to end or last for years more, housing is in recovery or it's an illusion , and people aren't buying cars because
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Exclusive: NY attorney general says more evidence banks violated mortgage pact
Los Angeles :: CA :: USA | 1 day ago
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Topics The logo for Wells Fargo bank is pictured in downtown Los Angeles, California July 17, 2012. New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the
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Hedge fund guru says moms and trading don't mix
New York City :: NY :: USA | 1 day ago
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But if you're a woman who wants to balance trading and a family, one hedge fund manager says that's not possible. "You will never see as many great women investors or traders as men...End of story," said billionaire Paul Tudor Jones at the University
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The Record: Letters Friday, May 24
Trenton :: NJ :: USA | 1 day ago
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The age-old New Jersey practice of double dipping occurs when state employees "retire," begin collecting a pension and then are rehired, often the next day...They retire, collect a pension and begin accruing a second or third pension at the taxpayers'
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Passport Doesn't Pass Up an Opportunity
San Francisco :: CA :: USA | 1 day ago
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Passport Capital is a San Francisco-based global investment firm founded by John Burbank in 2000. Passport takes a strategy that focuses on major global themes, driven by macroeconomic analysis and fundamental research. McGraw is now Passport's
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A Boatload Of Money Flowed Into Stocks Again This Week
Tōkyō :: Japan | 1 day ago
Credibility
Investors poured a massive $7.5 billion into equity funds this week. Bond funds had a big week too, increasing assets under management by $4.5 billion. Commodity funds suffered $2.1 billion of outflows, while money-market funds took in $16 billion.
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Low interest rates are the final straw for many company pensions
Indianapolis :: IN :: USA | 1 day ago
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It was no small matter for the ILM Group's executives when they froze the pension plan that has provided retirement security for the firm's employees since 1947. The financial pressure of maintaining the plan had been mounting on the small insurer
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City of London Elections 2013: the battle, the count, the lessons
London :: United Kingdom | 1 day ago
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May 2013 The recent elections to the City of London's local authority were fiercely fought, after years where the majority of seats went uncontested. Lessons should be drawn for any future attempt to reform the financial services industry. Elections
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Experts Pick Best Personal Loans, Borrowers Shop: Loans.net Announces Groundbreaking Two-Layered System
Dallas :: TX :: USA | 1 day ago
Credibility
In an over-crowded marketplace, it is hard to sort the lemons from the apples and most borrowers invariably end up making bad decisions due to a sheer lack of in-depth knowledge. In order to facilitate informed decision-making and more productive
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Co-op halts new business lending
London :: United Kingdom | 1 day ago
Credibility
Co-operative Bank halts new business lending The Co-op's lending to retail customers is unaffected Co-operative Bank has stopped offering new business loans amid concerns over its capital position. The bank is continuing to provide lending to
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