Back to top

Reuters Money

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

Largest banks clear U.S. Fed's toughest annual stress tests

Thu, Jun 21, 2018

WASHINGTON (Reuters) - The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress... ...

Companies need older workers: here is why

Thu, Jun 21, 2018

CHICAGO (Reuters) - The demographic trend is no secret: the populations of the United States and other major industrial countries are getting older, and fast. That means workforces are aging too, but... ...

How a powerful inquiry upended one of Australia's grandest companies

Thu, Jun 21, 2018

SYDNEY (Reuters) - One of Australia's oldest financial institutions, AMP Ltd , spent years building the country's largest network of financial advisers to recommend its products, and well over a... ...

Hedge fund Voce's nominees elected to Natus board

Fri, Jun 22, 2018

(Reuters) - Natus Medical Inc said on Friday its stockholders had elected hedge fund Voce Capital Management's nominees to the company's board, ending a months long proxy fight. ...

U.S.-based money market funds post $51 billion net outflows for week: Lipper

Thu, Jun 21, 2018

NEW YORK (Reuters) - U.S.-based money market funds posted $51 billion of net outflows for the week ended Wednesday, the largest cash withdrawal since 2011 and the seventh largest ever, according to... ...

Credit Suisse prevails in lawsuit seeking $300 million for brokers: U.S. judge

Thu, Jun 21, 2018

(Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Credit Suisse Group AG of withholding up to $300 million of compensation from U.S.-based brokers when it closed their private... ...

The Ballmers are upping the game of giving away money

Thu, Jun 21, 2018

NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.) ...

Twenty U.S. states target protections for pre-existing health conditions

Thu, Jun 21, 2018

CHICAGO (Reuters) - (The writer is a Reuters columnist. The opinions expressed are his own.) ...

Investors poured $7.54 billion into equity ETFs after rocky G7 meeting: ICI

Wed, Jun 20, 2018

NEW YORK (Reuters) - Equity exchange-traded funds, which draw a diverse set of clients including fast-trading hedge funds, attracted $7.54 billion of net new cash in the week ended June 13, according... ...

Post-MiFID II, most hedge funds make clients foot research bill

Wed, Jun 20, 2018

LONDON (Reuters) - The majority of hedge funds are passing on charges for investment research to investors under new European Union rules, despite years of poor average performance and as many large... ...