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companyNews reuters.com

BRIEF-Hmg Courtland Properties says Jy-Tv Associates Entered Agreement With Cardone Real Estate Acquisitions

* HMG COURTLAND PROPERTIES - JY-TV ASSOCIATES ENTERED AGREEMENT WITH CARDONE REAL ESTATE ACQUISITIONS TO SELL APARTMENTS FOR ABOUT $50.3 MILLION-SEC FILING Source text: [http://bit.ly/2AAFuRH] Further company coverage:

PersonalFinance reuters.com

Use balance transfers to start 2018 with path to pay off debt

NEW YORK (Reuters) - When the U.S. Federal Reserve raises interest rates, as it did on Wednesday by a quarter-percentage point, the first pinch consumers usually feel is higher interest rates on...

companyNews reuters.com

BRIEF-First Industrial Realty Trust To Issue $300 Mln Notes In Private Offering

* FIRST INDUSTRIAL REALTY TRUST TO ISSUE $300 MILLION OF UNSECURED NOTES IN A PRIVATE PLACEMENT OFFERING Source text for Eikon: Further company coverage:

politicsNews reuters.com

Trump 'dossier' firm: Republicans leaked bank records in retaliation

WASHINGTON (Reuters) - A firm that commissioned a "dossier" detailing links between then-presidential candidate Donald Trump's campaign and Russia said in a court filing that Republicans leaked the company's banking data to the media for partisan political purposes.

companyNews reuters.com

CME Group veteran, post-trade head Taylor to retire at year-end

WASHINGTON, Dec 13 (Reuters) - Kim Taylor, CME Group veteran and post-trade head, will retire from the world's largest exchange group at the end of the year, she said in an email to Reuters.

companyNews reuters.com

LPC: Banks provide US$650m of loans for SMG buyout

NEW YORK, Dec 13 (Reuters) - US venue management firm SMG's leveraged buyout by Canadian private equity firm Onex Corp will be backed by a US$650m loan package, according to two sources familiar with the matter.

companyNews reuters.com

BRIEF-Citibank Says Raised Base Lending Rate To 4.50% From 4.25%

* CITIBANK SAYS RAISED ITS BASE LENDING RATE TO 4.50% FROM 4.25%, EFFECTIVE DECEMBER 14, 2017 Source text for Eikon: Further company coverage:

businessNews reuters.com

U.S. court removes creditor hurdle to a Westinghouse bankruptcy plan

WILMINGTON, Del. (Reuters) - A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company's bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.

PersonalFinance reuters.com

Activist investor Primestone urges Tennant to merge with Nilfisk

COPENHAGEN/LONDON (Reuters) - Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority...

PersonalFinance reuters.com

DoubleLine's Gundlach says investors should add commodities in portfolios: CNBC

NEW YORK (Reuters) - DoubleLine CEO Jeffrey Gundlach said on Wednesday that his best investment idea for the new year is commodities, against the backdrop of increasing global economic activity and...

companyNews reuters.com

LPC: Banks optimistic on 2018 US CLO volume with Wells Fargo predicting record year

NEW YORK, Dec 13 (Reuters) - Wells Fargo is predicting record US Collateralized Loan Obligation (CLO) fund issuance of US$125bn in 2018 with little in sight to derail 2017’s strong momentum. JP Morgan sees a smaller increase and Bank of America Merrill Lynch and Deutsche Bank expect issuance to match 2017’s robust volume.

PersonalFinance reuters.com

Grad students plead for mercy from U.S. tax overhaul

CHICAGO (Reuters) - Graduate student Mollie Marr is worried that the U.S. tax overhaul working its way through Congress will force her and many other fellow students to give up on their educations.

companyNews reuters.com

UPDATE 3-Italian bonds, bank stocks hit as prospect of March election reignites political uncertainty

* Broader markets await Fed rate decision (Adds stocks market reaction, quotes)

companyNews reuters.com

UK PM May says RBS branch closures are a commercial matter for the bank

LONDON, Dec 13 (Reuters) - British Prime Minister Theresa May said that branch closures announced by the Royal Bank of Scotland were a commercial matter for the bank, after she was asked to intervene to halt the closures.

companyNews reuters.com

BRIEF-W W Grainger Says Size Of Board Increased To 11 Directors On Dec 12 - SEC Filing

* W W GRAINGER INC SAYS WITH DEC 12 APPOINTMENT OF LUCAS WATSON TO BOARD, SIZE OF BOARD WAS INCREASED TO 11 DIRECTORS - SEC FILING Source text: (http://bit.ly/2z7kAY5) Further company coverage:

businessNews reuters.com

VW bank expects profit rise in 2017 despite diesel scandal

FRANKFURT (Reuters) - The financial arm of German carmaker Volkswagen said on Wednesday that it expects a rise in operating profit in 2017, despite a diesel scandal that has rocked the industry.

companyNews reuters.com

BRIEF-‍Yandex, Sberbank enter into agreement for Yandex.Market joint venture​

* ‍YANDEX AND SBERBANK ENTER INTO BINDING AGREEMENT FOR YANDEX.MARKET JOINT VENTURE​

companyNews reuters.com

RPT-UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

worldNews reuters.com

Judges consider HK double murder appeal by convicted former British banker

HONG KONG (Reuters) - Three judges in Hong Kong's Court of Appeal are set to decide the fate of a former British banker who was jailed for life last year for the murder of two Indonesian women he tortured and raped after his appeal hearing closed on Wednesday.

companyNews reuters.com

UPDATE 2-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, potentially settling over a million legal disputes that have hung over the country's banking system.

companyNews reuters.com

BRIEF-SmartFinancial Inc To Acquire Southern Community Bank

* SMARTFINANCIAL, INC. TO ACQUIRE TULLAHOMA, TN-BASED SOUTHERN COMMUNITY BANK

companyNews reuters.com

BRIEF-Heartland Financial USA Announces Plan To Acquire First Bank Lubbock Bancshares In Texas

* HEARTLAND FINANCIAL USA, INC. ANNOUNCES PLAN TO ACQUIRE FIRST BANK LUBBOCK BANCSHARES, INC. IN TEXAS

companyNews reuters.com

BRIEF-Sinclair Raises Additional Term Loans And Amends Bank Credit Agreement

* SINCLAIR RAISES ADDITIONAL TERM LOANS AND AMENDS BANK CREDIT AGREEMENT

PersonalFinance reuters.com

Public pension funded ratio up in third quarter 2017: report

NEW YORK (Reuters) - The funded status of 100 of the largest U.S. public pension plans grew by $36 billion in third quarter of 2017, boosted by strong equity returns, according to a report released...

companyNews reuters.com

BRIEF-Electromed Inc Says Renewed Its $2.5 Million Revolving Line Of Credit With Venture Bank

* ELECTROMED INC - ON DEC 12, CO RENEWED ITS $2.5 MILLION REVOLVING LINE OF CREDIT WITH VENTURE BANK PURSUANT TO RIDER TO BUSINESS LOAN AGREEMENT

companyNews reuters.com

BRIEF-Phillips 66 Says Co's President Tim Taylor Will Retire

* PHILLIPS 66 SAYS CO'S PRESIDENT TIM TAYLOR WILL RETIRE AT THE END OF THIS YEAR Further company coverage:

companyNews reuters.com

BRIEF-Mason Graphite Announces $45 Million Bought Deal Private Placement Offering

* MASON GRAPHITE ANNOUNCES $45 MILLION BOUGHT DEAL PRIVATE PLACEMENT OFFERING

companyNews reuters.com

UPDATE 1-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, settling over a million legal disputes that have hung over the country's banking system.

businessNews reuters.com

S&P, Dow rise with help from banks, Nasdaq lags

(Reuters) - Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as investors bet on strong economic growth a day ahead of the U.S. Federal Reserve's widely-expected hike in interest rates.

PersonalFinance reuters.com

Desjardins, credit union centrals, Cumis to form Aviso Wealth

(Reuters) - Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55 billion ($42.74 billion) in...

companyNews reuters.com

US STOCKS-S&P, Dow rise with help from banks, Nasdaq lags

* Indexes: Dow up 0.64 pct, S&P up 0.34 pct, Nasdaq down 0.02 pct (Updates to late afternoon, adds commentary, changes byline)

businessNews reuters.com

Tezos director resigns, sowing more uncertainty at crypto startup

LONDON/ZURICH (Reuters) - One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned.

businessNews reuters.com

S&P, Dow at record levels as Boeing, bank stocks gain

(Reuters) - The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks gained ahead of a near certain move by the Federal Reserve to raise interest rate.

businessNews reuters.com

Boeing, bank stocks lift Dow, S&P; techs drag on Nasdaq

(Reuters) - The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank stocks rose ahead of a near certain move by the Federal Reserve to raise interest rate.

companyNews reuters.com

UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

businessNews reuters.com

Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

(Reuters) - The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq.

companyNews reuters.com

US STOCKS-Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

* Indexes: Dow up 0.30 pct, S&P up 0.04 pct, Nasdaq off 0.1 pct (Updates to open)

companyNews reuters.com

BRIEF-JG Wentworth Says Co, Units Filed Voluntary Cases Under Chapter 11 In United States Bankruptcy Court

* JG WENTWORTH SAYS ON DEC 12, CO, UNITS FILED VOLUNTARY CASES UNDER CHAPTER 11 IN UNITED STATES BANKRUPTCY COURT FOR DISTRICT OF DELAWARE - SEC FILING

companyNews reuters.com

BRIEF-Soleno Therapeutics Announces $15 Million Private Placement

* SOLENO THERAPEUTICS ANNOUNCES $15 MILLION PRIVATE PLACEMENT

companyNews reuters.com

BRIEF-Transeastern Power Trust Announces $40 Mln Private Placement Offering, Debt Recapitalization

* TRANSEASTERN POWER TRUST ANNOUNCES $40 MILLION PRIVATE PLACEMENT OFFERING, DEBT RECAPITALIZATION AND PROPOSED CHANGE OF NAME TO BLOCKCHAIN POWER TRUST

companyNews reuters.com

BRIEF-Dextera Surgical Files For Chapter 11 Bankruptcy

* DEXTERA SURGICAL FILES FOR CHAPTER 11 BANKRUPTCY AND SIGNS ASSET PURCHASE AGREEMENT WITH AESCULAP, INC.

environmentNews reuters.com

World Bank says will cease financing upstream oil and gas after 2019

PARIS (Reuters) - The World Bank said on Tuesday it will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in the poorest countries in exceptional circumstances.

PersonalFinance reuters.com

Vanguard looks to blockchain for index data

BOSTON (Reuters) - Vanguard Group Inc is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday, an important sign of confidence for the new...

companyNews reuters.com

M&A dominates Europe share trading; weak banks offset oil boost

LONDON, Dec 12 (Reuters) - Mergers and acquisitions dominated early European share trading on Tuesday, while strong oil and tech stocks were not enough to offset a decline in banks.

companyNews reuters.com

BRIEF-Pershing Gold Announces Bought Deal Of Us$6.8 Million And Private Placement Of Us$6.8 Million

* PERSHING GOLD ANNOUNCES BOUGHT DEAL OF US$6.8 MILLION AND PRIVATE PLACEMENT OF US$6.8 MILLION

PersonalFinance reuters.com

The write stuff: Life lessons from author James Patterson

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

technologyNews reuters.com

Philippine bank accuses Bangladesh of heist 'cover-up'

MANILA (Reuters) - The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and demanded that it stop making the bank a "scapegoat."

PersonalFinance reuters.com

Fidelity keeps $2 billion mandate in New York after star manager's departure

BOSTON (Reuters) - A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual...

worldNews reuters.com

British banker to appeal against life sentence for Hong Kong double murder

HONG KONG (Reuters) - A British banker, jailed for life in Hong Kong last year for the murder of two Indonesian women he tortured and raped in his luxury apartment, is due to launch an appeal on Tuesday.

companyNews reuters.com

BRIEF-Santander Holdings Announces Pricing Of Private Offering Of Senior Notes

* SANTANDER HOLDINGS USA, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES

PersonalFinance reuters.com

Marcato says Deckers' rejected offer to settle proxy contest

BOSTON (Reuters) - After months of turning up the heat on Deckers Outdoor Corp, hedge fund Marcato Capital Management recently proposed a settlement that the UGG boot maker rejected, a filing...

PersonalFinance reuters.com

Fidelity fund keeps $2 billion mandate in New York after manager's departure

BOSTON (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New...

companyNews reuters.com

BRIEF-Tiffany & Co says Jana agreed to inclusion of 3 directors on slate for 2018 annual meeting

* TIFFANY & CO - ON DEC 8, JANA AGREED TO INCLUSION OF 3 DIRECTORS -ROGER FARAH, JAMES LILLIE & FRANCESCO TRAPANI- ON SLATE FOR 2018 ANNUAL MEETING

PersonalFinance reuters.com

Marcato sets condition for Deckers interviewing its nominees

(Reuters) - Marcato said on Monday it was open to a proposal by Deckers Outdoor Corp's board to interview the activist investor's nominees only if the footwear maker was willing to reach a settlement...

companyNews reuters.com

BRIEF-Block One Capital Inc. Announces $5 Million Non-Brokered Private Placement

* BLOCK ONE CAPITAL INC. ANNOUNCES $5,000,000 NON-BROKERED PRIVATE PLACEMENT

companyNews reuters.com

BRIEF-T. Rowe Price Associates Reports 11.7 Pct Passive Stake In Alnylam Pharmaceuticals

* T. ROWE PRICE ASSOCIATES INC REPORTS 11.7 PERCENT PASSIVE STAKE IN ALNYLAM PHARMACEUTICALS INC AS OF NOVEMBER 30 - SEC FILING Source text : http://bit.ly/2ALIqHV Further company coverage:

companyNews reuters.com

BRIEF-Marcato says Deckers Stand Ready to Interview its Director Nominees

* MARCATO CAPITAL MANAGEMENT SAYS DECKERS CONFIRMS IT CONTINUES TO STAND READY TO INTERVIEW MARCATO'S 3 DIRECTOR NOMINEES IN ADVANCE OF ANNUAL MEETING

PersonalFinance reuters.com

U.S. fund firms make new push for bitcoin ETFs as futures debut

(Reuters) - Fund managers are racing to launch exchange-traded funds (ETFs) based on bitcoin after futures contracts based on the high-flying digital currency began trading on Sunday.

businessNews reuters.com

Hackers hit U.S., Russian banks in ATM robbery scam: report

FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

companyNews reuters.com

UPDATE 1-Hackers hit U.S., Russian banks in ATM robbery scam-report

FRANKFURT, Dec 11 (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

companyNews reuters.com

Female directors snubbed, Plummer surprises at Golden Globe nominations

LOS ANGELES, Dec 11 (Reuters) - Women were shut out of the directors race at the 2018 Golden Globe nominations on Monday, while Ridley Scott's scramble to reshoot "All the Money in the World" led to a surprise nod for actor Christopher Plummer, who replaced Kevin Spacey.

PersonalFinance reuters.com

Two fund firms make new push for bitcoin ETFs as futures debut

(Reuters) - Two fund managers are going back to U.S. securities regulators for permission to launch exchange-traded funds (ETFs) based on bitcoin, filings showed on Monday, after futures contracts...

companyNews reuters.com

BRIEF-Excelsior announces private placement of C$26 mln

* NET PROCEEDS OF OFFERING WILL BE USED FOR DEVELOPMENT, CONSTRUCTION, MAINTENANCE OF GUNNISON COPPER PROJECT

businessNews reuters.com

Hackers hit major ATM network after U.S., Russian bank breaches: report

FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

businessNews reuters.com

Japan's SMBC Nikko poised to poach bankers in push for U.S. growth

TOKYO (Reuters) - Sumitomo Mitsui Financial Group Inc's brokerage unit is ready to poach bankers to expand its U.S. investment banking arm and could even buy small firms if the right target comes up, its chief executive said.

companyNews reuters.com

CANADA STOCKS-TSX slips at open as banks, railways move lower

TORONTO, Dec 11 (Reuters) - Canada's main stock index edged lower in early trade on Monday, with declines in banks and railway stocks offsetting small overall gains for the materials sector.

companyNews reuters.com

BRIEF-Edgewater Wireless Announces Fully Committed Non-Brokered Private Placement

* EDGEWATER WIRELESS ANNOUNCES FULLY COMMITTED NON-BROKERED PRIVATE PLACEMENT

businessNews reuters.com

Icahn nominates four directors to Xerox's board

(Reuters) - Activist investor Carl Icahn has named four nominees to Xerox Corp's board of directors, the company said on Monday, after a current Icahn-appointed director resigned due to a difference of opinion with the board.

companyNews reuters.com

UPDATE 1-Canadian Solar CEO offers to take company private

Dec 11 (Reuters) - Canadian Solar Inc said on Monday it received a letter from its Chief Executive Shawn Qu to take the company private.

companyNews reuters.com

BRIEF-Laurentian Bank Of Canada says on Dec 5, disclosed issues arising from a review of mortgages that it had sold to a third party purchaser

* Laurentian Bank Of Canada - On Dec 5, co disclosed issues arising from a review of mortgages that it had sold to a third party purchaser

technologyNews reuters.com

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

Colleges and Universities nytimes.com

Big Jump in Million-Dollar Pay Packages for Private College Leaders

An annual survey showed that 58 presidents of private colleges earned more than $1 million, while the average pay package rose 9 percent.

Pop and Rock Music nytimes.com

Review: Taylor Swift Leads a Jingle Ball Full of Hardheaded Women and Nice Guys

The annual concert of hitmakers at Madison Square Garden slighted pop’s diversity, offering a narrow definition of what “hit radio” looked like in 2017.

topNews reuters.com

Anti-Trump protests wane in Jerusalem, West Bank; flare in Beirut

JERUSALEM (Reuters) - Palestinian protests waned in the occupied West Bank and in the Gaza Strip on Sunday while violence flared near the U.S. embassy in Beirut over U.S. President Donald Trump's decision to recognize Jerusalem as Israel's capital.

businessNews reuters.com

Bangladesh minister says wants to 'wipe out' Manila bank for heist role

DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

companyNews reuters.com

Boston Herald files for bankruptcy protection to pursue sale

SAN FRANCISCO, Dec 8 (Reuters) - The parent company of the Boston Herald filed for Chapter 11 bankruptcy on Friday and will look to sell the newspaper to Gatehouse Media LLC, a move that underscores the hard times facing traditional print journalism.

PersonalFinance reuters.com

SEC to delay mutual fund disclosures in cybersecurity push

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Friday it would delay new submissions of portfolio data by mutual funds, as the regulator beefs up its cybersecurity.

companyNews reuters.com

BRIEF-Stanley Furniture Says Board Voted To Decrease Number Of Directors By One - SEC Filing‍​

* STANLEY FURNITURE COMPANY - BOARD VOTED TO DECREASE NUMBER OF DIRECTORS BY ONE EFFECTIVE UPON GLENN PRILLAMAN’S RESIGNATION - SEC FILING‍​

businessNews reuters.com

Deutsche Bank can cope with Basel III outcome: CFO in paper

BERLIN (Reuters) - Deutsche Bank is able to cope with the stricter capital rules on banks that were agreed this week, its finance chief told a German paper.

entertainmentNews reuters.com

'X-Men' film director Bryan Singer sued for alleged sexual assault

LOS ANGELES (Reuters) - Brian Singer, the director of the film series "X-Men", has been sued for allegedly sexually assaulting a 17-year-old boy in 2003, according to a lawsuit filed in King County Superior Court in Washington state.

PersonalFinance reuters.com

UBS investment bank head wary on 2018 outlook

ZURICH (Reuters) - The head of Swiss bank UBS's investment banking business gave a cautious outlook for market conditions next year, with fees set to fall again and volatility staying low.

PersonalFinance reuters.com

City of London sticks to Brexit plans despite progress

LONDON (Reuters) - London's financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU.

companyNews reuters.com

BRIEF-Intercontinental Exchange Announces Election Of Sharon Bowen To ICE Board Of Directors

* INTERCONTINENTAL EXCHANGE ANNOUNCES ELECTION OF SHARON BOWEN TO ICE BOARD OF DIRECTORS

companyNews reuters.com

BRIEF-Barnes Group Says ‍Elected Richard Hipple As Independent Director

* BARNES GROUP - ‍ELECTED RICHARD J. HIPPLE AS INDEPENDENT DIRECTOR OF CO; HIPPLE'S ELECTION INCREASES BOARD MEMBERSHIP TO TWELVE DIRECTORS - SEC FILING​ Source text - http://bit.ly/2AJ9v0n Further company coverage:

companyNews reuters.com

BRIEF-First Cobalt Announces $25 Mln Bought Deal Private Placement Financing

* FIRST COBALT ANNOUNCES $25 MILLION BOUGHT DEAL PRIVATE PLACEMENT FINANCING

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

companyNews reuters.com

BRIEF-Pearson Plc Appoints Michael Lynton To Board Of Directors

* APPOINTS MICHAEL LYNTON, CHAIRMAN OF SNAPCHAT AND FORMER CHAIRMAN AND CEO OF SONY ENTERTAINMENT TO BOARD OF DIRECTORS

companyNews reuters.com

China Guangfa Bank fined $109 million for rule violation - regulator

BEIJING, Dec 8 (Reuters) - China's banking regulator has fined China Guangfa Bank Co 722 million yuan ($109.12 million) for providing illegal guarantees for defaulted corporate bonds, it said on Friday.

cnn.com

FBI director responds to Trump attack

FBI Director Christopher Wray defended his agency in his first public appearance since President Donald Trump said the bureau is "in tatters." CNN's Jessica Schneider has the details.

companyNews reuters.com

BRIEF-Touchstone To Complete A $5 Million Private Placement And Increase 2018 Drilling Program To 10 Wells

* TOUCHSTONE TO COMPLETE A $5 MILLION PRIVATE PLACEMENT AND INCREASE 2018 DRILLING PROGRAM TO 10 WELLS

companyNews reuters.com

UPDATE 1-SoftBank to invest $300 mln in food delivery firm DoorDash - Recode

Dec 7 (Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

BRIEF-India's City Union Bank Says Mastercard Reported Improper Debit Card Transactions To Co

* SAYS MASTERCARD RECENTLY REPORTED TO CO CERTAIN SET OF IMPROPER DEBIT CARD TRANSACTIONS

technologyNews reuters.com

SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

SoftBank to invest $300 mln in food delivery firm DoorDash - Recode

Dec 7 (Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

BRIEF-SoftBank Is Preparing To Invest Around $300 Million Into The Food Delivery Startup Doordash- Recode, Citing Sources

* SOFTBANK IS PREPARING TO INVEST AROUND $300 MILLION INTO THE FOOD DELIVERY STARTUP DOORDASH- RECODE, CITING SOURCES Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Largo Resources Announces Increase to Private Placement Offering for Maximum Proceeds of $35 Mln

* LARGO RESOURCES ANNOUNCES INCREASE TO PRIVATE PLACEMENT OFFERING FOR MAXIMUM PROCEEDS OF $35 MILLION

companyNews reuters.com

BRIEF-Luther Burbank Corporation Announces Pricing Of Initial Public Offering

* SAYS INITIAL PUBLIC OFFERING OF 12.2 MILLION COMMON SHARES PRICED AT $10.75PER SHARE

businessNews reuters.com

Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

DHAKA (Reuters) - Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.

PersonalFinance reuters.com

U.S.-based stock ETFs attract $14.6 billion of inflows, largest since June: Lipper

NEW YORK (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors'...

companyNews reuters.com

BRIEF-Spearmint Announces Private Placement To Further Multiple Projects

* DGAP-NEWS: SPEARMINT ANNOUNCES PRIVATE PLACEMENT TO FURTHER MULTIPLE PROJECTS

companyNews reuters.com

BRIEF-Investors Bank Announces Workforce Reduction And Branch Closures

* INVESTORS BANK ANNOUNCES WORKFORCE REDUCTION AND BRANCH CLOSURES

companyNews reuters.com

BRIEF-Farrow Elected To WEC Energy Group Board Of Directors

* FARROW ELECTED TO WEC ENERGY GROUP BOARD OF DIRECTORS Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Advanced Disposal Announces A Change To Its Board Of Directors

* ADVANCED DISPOSAL ANNOUNCES A CHANGE TO ITS BOARD OF DIRECTORS AS IT CONTINUES TO ENHANCE BOARD INDEPENDENCE

PersonalFinance reuters.com

Investment funds buy $9.481 billion two-year note in November: U.S. Treasury

(Reuters) - Large investment managers bought $9.481 billion at a 2-year note auction held in November,

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

BERLIN (Reuters) - More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said.

politicsNews reuters.com

FBI Director Wray defends bureau in wake of Republican criticism

WASHINGTON (Reuters) - The director of the Federal Bureau of Investigation defended his employees on Thursday against a growing chorus of accusations by Republicans, including President Donald Trump, that its agents were allowing political bias to seep into their investigations.

companyNews reuters.com

CANADA STOCKS-TSX rises with banks, energy stocks

TORONTO, Dec 7 (Reuters) - Canada's main stock index ticked higher in early trade on Thursday, helped by gains among its heavyweight financial and energy sectors.

companyNews reuters.com

BRIEF-Molina Healthcare - On Dec 4 Co Entered Commitment Letter With Suntrust Bank And SunTrust Robinson Humphrey

* MOLINA HEALTHCARE - ON DEC 4 CO ENTERED COMMITMENT LETTER WITH SUNTRUST BANK AND SUNTRUST ROBINSON HUMPHREY - SEC FILING

PersonalFinance reuters.com

Gross warns Fed should be 'more cautious' amid investor bond binge

NEW YORK (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign,...

PersonalFinance reuters.com

Retail disruption is nothing compared to gnarly first jobs

NEW YORK (Reuters) - If any industry is in the throes of total disruption right now, it is retail.

PersonalFinance reuters.com

Column: U.S. Republicans sharpen knives for retirement program cuts

CHICAGO (Reuters) - Traditionally, U.S. politicians avoid talking about cutting Social Security and Medicare close to election time.

businessNews reuters.com

HSBC has 3-year head start on foreign investment banking rivals in China: Gulliver

HONG KONG (Reuters) - HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank's unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday.

PersonalFinance reuters.com

Yes, she's judging you: Luvvie Ajayi on writing a bestselling life

NEW YORK (Reuters) - Sometimes in life, the best teachers are not elder statesmen who have been around for decades. Sometimes we can learn the most from young entrepreneurs who are creating something...

companyNews reuters.com

BRIEF-Mercer International Announces Pricing Of Private Offering Of Senior Notes

* MERCER INTERNATIONAL - ‍ANNOUNCED PRICING OF PREVIOUSLY ANNOUNCED OFFERING OF $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.500% SENIOR NOTES DUE JAN 15, 2026​

companyNews reuters.com

CORRECTED-UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by people or entities close to President Donald Trump, a person close to the matter said on Tuesday.

PersonalFinance reuters.com

Proxy firm ISS advises shareholders to back Marcato at Deckers

BOSTON (Reuters) - Proxy advisory firm Institutional Shareholder Services on Wednesday suggested shareholders back hedge fund Marcato's choice of directors at Deckers Outdoor Corp, switching its...

PersonalFinance reuters.com

Proxy advisory firm ISS switches Deckers recommendation to Marcato nominees

BOSTON (Reuters) - Proxy advisory firm Institutional Shareholder Services on Wednesday switched its recommendation in one of the season's most hotly contested proxy contests to suggest shareholders...

companyNews reuters.com

BRIEF-Broadcom Appoints Gayla Delly As Independent Director

* BROADCOM SAYS ON DEC 4, BOARD APPOINTED GAYLA DELLY AS AN INDEPENDENT DIRECTOR - SEC FILING Source text: (http://bit.ly/2jmGe2b) Further company coverage:

cnn.com

Bankrupt Toys 'R' Us puts aside $16 million for executive bonuses

PersonalFinance reuters.com

My taxes probably are going up. Are yours?

NEW YORK (Reuters) - No matter what version of the U.S. tax overhaul being considered by Congress becomes law, it looks like I am going to be paying more in taxes next year.

companyNews reuters.com

BRIEF-Prudential Financial Elects To Increase 2047 And 2049 Notes Cap Of Its Private Exchange Offers

* PRUDENTIAL FINANCIAL, INC. ANNOUNCES PRICING TERMS AND ELECTION TO INCREASE THE 2047 NOTES CAP AND THE 2049 NOTES CAP OF ITS PRIVATE EXCHANGE OFFERS OF CERTAIN OUTSTANDING NOTES FOR NEW NOTES

businessNews reuters.com

U.S. Comptroller halts plan to remove in-house bank examiners

WASHINGTON (Reuters) - Bank examiners can continue working inside the banks they supervise, U.S. Comptroller of the Currency Joseph Otting said on Wednesday, in a policy reversal for the U.S. banking regulator.

companyNews reuters.com

MOVES-Houlihan Lokey government services bankers decamp for Baird

WASHINGTON, Dec 6 (Reuters) - Two senior investment bankers specializing in government services, aerospace and defense are departing boutique investment bank Houlihan Lokey Inc for competitor Robert W. Baird, three people familiar with the moves said on Wednesday.

worldNews reuters.com

U.S. asks officials to defer travel to Israel, West Bank to December 20

WASHINGTON (Reuters) - The U.S. State Department issued a cable to all its diplomatic posts worldwide on Wednesday asking its officials to defer non-essential travel to Israel, Jerusalem and the West Bank until Dec. 20 according to a copy of the cable seen by Reuters.

cnn.com

Why Taylor Swift is on Time's Person of the Year cover

PersonalFinance reuters.com

Study abroad appeals to more U.S. college students, but costs can mount

CHICAGO (Reuters) - While most college seniors are still hoping to land a good job after graduation, Kelsey Berg is set.

PersonalFinance reuters.com

Short-seller Muddy Waters bets against OSI Systems

BOSTON (Reuters) - Carson Block, founder of short-seller Muddy Waters LLC, which gained prominence with a bet against a Chinese timber company, said he is shorting OSI Systems Inc, sending the...

companyNews reuters.com

BRIEF-Bank Of Nova Scotia- Announced Partnerships With Viola Group And Team8

* BANK OF NOVA SCOTIA- ANNOUNCED PARTNERSHIPS WITH TWO ISRAELI TECHNOLOGY COS, VIOLA GROUP AND TEAM8 Source text for Eikon: Further company coverage:

businessNews reuters.com

Exclsuive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

Exclusive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

China's Xiaomi seeks bank pitches for 2018 IPO: sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

(Reuters) - Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.

cnn.com

Official: Blackwater founder proposed private spy network to Trump administration

The founder of the controversial military contracting firm Blackwater, Erik Prince, and his allies lobbied contacts inside the administration to provide the CIA with a private network of intelligence contractors, according to a US official with knowledge of the proposal.

companyNews reuters.com

EMERGING MARKETS-Mexico index rises on bank deal; Brazil's Bovespa dips

(Updates prices, adds details on Mexican stock index) SAO PAULO, Dec 5 (Reuters) - Mexico's S&P/BVM IPC share index rose 0.64 percent on Tuesday, recovering some ground after falling last week to its lowest level since March. Banorte bank pushed the gains, with its shares rising 2.60 percent as it announced that shareholders approved its acquisition of Grupo Financiero Interacciones, a deal that will create the country's second-biggest bank. The Mexican peso weakened in respons

companyNews reuters.com

REFILE-Gold trader says he never liked Turkish banker facing trial

(Refiles to add dropped text in final two paragraphs.) By Brendan Pierson NEW YORK, Dec 5 (Reuters) - A Turkish gold trader testifying for U.S. prosecutors in the trial of an executive at Turkey's state-owned Halkbank, who is charged with helping Iran evade U.S. sanctions, said Tuesday that he and the banker never liked each other. Reza Zarrab, who has pleaded guilty and is cooperating with U.S. prosecutors in the case, also said he had complained about Halkbank deputy ge

PersonalFinance reuters.com

Gundlach says 'strange environment' to be cutting U.S. corporate taxes

NEW YORK (Reuters) - DoubleLine Capital Chief Executive Jeffrey Gundlach, who voted for President Donald Trump, warned on Tuesday that it is a "strange environment" to be cutting U.S. corporate taxes...

companyNews reuters.com

Laurentian Bank discloses 'misrepresentations' on some mortgages

Dec 5 (Reuters) - Canadian lender Laurentian Bank said an audit had found "documentation issues and client misrepresentations" on some mortgages it had sold to another company, triggering the worst one-day selloff in its shares since 2009.

companyNews reuters.com

BRIEF-Raven Announces Appointment Of Director

* RAVEN ANNOUNCES APPOINTMENT OF DIRECTOR Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Terra Firma Capital Corp Announces Resignation Of Director

* TERRA FIRMA CAPITAL CORPORATION ANNOUNCES RESIGNATION OF DIRECTOR Source text for Eikon: Further company coverage:

domesticNews reuters.com

Gold trader says he never liked Turkish banker facing trial

NEW YORK (Reuters) - A Turkish gold trader testifying for U.S. prosecutors in the trial of an executive at Turkey's state-owned Halkbank, who is charged with helping Iran evade U.S. sanctions, said Tuesday that he and the banker never liked each other.

politicsNews reuters.com

Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

companyNews reuters.com

UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

companyNews reuters.com

Trump lawyer: Deutsche Bank has not received subpoena for Trump records

WASHINGTON, Dec 5 (Reuters) - A lawyer for U.S. President Donald Trump said on Tuesday that Deutsche Bank has not received any subpoena for financial records relating to the president or his family as part of the special counsel's Russia probe.

companyNews reuters.com

UPDATE 1-Banorte shareholders vote to create Mexico's No. 2 bank

MONTERREY, Dec 5 (Reuters) - Shareholders in Mexico's Banorte on Tuesday approved the acquisition of Grupo Financiero Interacciones, which will create the country's second-biggest bank.

companyNews reuters.com

UPDATE 4-Deutsche Bank gets subpoena from Mueller on Trump accounts -source

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

PersonalFinance reuters.com

Disrupt This! Innovation ETFs are storming the market

NEW YORK (Reuters) - Amazon.com is disrupting retail. Airbnb is disrupting hotels. Uber is disrupting transportation. Who is going to be disrupted next?

companyNews reuters.com

UPDATE 2-Deutsche Bank gets subpoena from Mueller on Trump accounts -source

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

BRIEF-OceanFirst Financial's Unit Gets Regulatory Approval From OCC To Merge With Sun National Bank

* OCEANFIRST FINANCIAL- ON DEC 4, CO'S UNIT GOT REGULATORY APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO MERGE WITH SUN NATIONAL BANK -SEC FILING Source text : (http://bit.ly/2jgvuSZ) Further company coverage:

companyNews reuters.com

CANADA STOCKS-TSX slips as mining losses offset rising bank stocks

TORONTO, Dec 5 (Reuters) - Canada's main stock index edged lower in early trade on Tuesday as falling copper and other commodity prices weighed on mining stocks while shares of banks pushed higher at the tail end of their earnings season.

politicsNews reuters.com

Deutsche Bank gets subpoena from Mueller on Trump accounts: source

FRANKFURT (Reuters) - U.S. Special Counsel Robert Mueller has asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

PersonalFinance reuters.com

Q&A: Designer Rachel Roy learned to bend so she will not break

NEW YORK (Reuters) - Going from a California teen working in a clothing store to making dresses for Michelle Obama has been quite the trajectory for fashion designer Rachel Roy.

companyNews reuters.com

MOVES- Deutsche Bank, Lombard Odier IM, Zhejiang Rongsheng

Dec 5 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.

companyNews reuters.com

Scotiabank says BBVA accepts offer to buy stake in BBVA Chile

Dec 5 (Reuters) - Bank of Nova Scotia said on Tuesday that Banco Bilbao Vizcaya Argentaria S.A. (BBVA) has formally accepted its offer to buy the Spanish lender's stake in BBVA Chile for about $2.2 billion.

companyNews reuters.com

BRIEF-Laurentian Bank Financial Group Reports Q4 Adjusted Earnings Per Share C$1.63

* Q4 REVENUE C$268 MILLION VERSUS I/B/E/S VIEW C$258.3 MILLION

politicsNews reuters.com

Deutsche Bank receives subpoena from Mueller on Trump accounts: source

FRANKFURT (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

Deutsche Bank receives subpoena from Mueller on Trump accounts -source

FRANKFURT, Dec 5 (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

BRIEF-Bank Of Nova Scotia Says BBVA Accepted Scotiabank's Offer To Buy 68.19 Pct Ownership In BBVA Chile For About $2.2 Bln

* BANK OF NOVA SCOTIA-BBVA ACCEPTED SCOTIABANK'S OFFER TO BUY ITS 68.19 PERCENT OWNERSHIP IN BBVA CHILE, FOR ABOUT $2.2 BILLION ​

companyNews reuters.com

BRIEF-BBVA Accepts Offer From Bank Of Nova Scotia Over BBVA Chile

* SAYS ACCEPTED OFFER AND ENTERED INTO SALE AND PURCHASE AGREEMENT WITH BANK OF NOVA SCOTIA Source text for Eikon: Further company coverage: (Gdynia Newsroom)

companyNews reuters.com

Russia's Promsvyazbank says it sold asset worth 8 bln roubles

MOSCOW, Dec 5 (Reuters) - Promsvyazbank (PSB), one of Russia's biggest private lenders, said on Tuesday its N1.1 capital ratio was expected to reach 7.4 pct as of January 1, 2018 after it sold an asset worth 8 billion roubles.

Russian Interference in 2016 US Elections and Ties to Trump Associates nytimes.com

Manafort Associate Has Russian Intelligence Ties, Court Document Says

In the document, the special counsel cited an op-ed article drafted by Paul Manafort and his Russia-linked associate to shape public opinion about consulting work in Ukraine.

cnn.com

FBI director tells staff to 'expect -- and welcome' tough questions

The FBI director told his staff in an agency-wide email Monday that the bureau should "expect -- and welcome -- people asking tough questions," the day after President Donald Trump wrote on Twitter that the reputation of the FBI was in "tatters."

United States Politics and Government nytimes.com

Director Defends F.B.I. After Trump Says Bureau Is in ‘Tatters’

Christopher A. Wray, the F.B.I. director, did not mention the president in defending the agency’s work force as “focused on our critical mission.”

companyNews reuters.com

BRIEF-Valeant Announces Pricing Of Private Offering Of Senior Notes

Dec 4 (Reuters) - Valeant Pharmaceuticals International Inc :

companyNews reuters.com

BRIEF-Independent Bank Corp To Acquire Traverse City State Bank For About $63.24 Mln

* INDEPENDENT BANK CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE TRAVERSE CITY STATE BANK

entertainmentNews reuters.com

Taylor Swift spends third week atop Billboard 200 chart

LOS ANGELES (Reuters) - Taylor Swift held onto her throne atop the weekly U.S. Billboard 200 album chart for a third consecutive week on Monday.

companyNews reuters.com

BRIEF-Redzone Resources Ltd. Announces Increase In Private Placement

* REDZONE RESOURCES LTD. ANNOUNCES INCREASE IN PRIVATE PLACEMENT

companyNews reuters.com

Democrat takes aim at controversial capital rule disliked by big U.S. banks

NEW YORK, Dec 4 (Reuters) - A Democratic U.S. senator wants to free the biggest U.S. lenders from having to hold capital against certain assets held at central banks, according to a document viewed by Reuters and a person familiar with it.

companyNews reuters.com

Turkish banker says U.S. prosecutors withheld evidence

NEW YORK, Dec 4 (Reuters) - Lawyers for a banker at Turkey's state-owned Halkbank who is charged with scheming to violate U.S. sanctions against Iran accused U.S. prosecutors of withholding evidence that might help exculpate their client. They said this included gold trader Reza Zarrab's alleged willingness to lie in exchange for leniency. In a letter on Monday to U.S. District Judge Richard Berman in Manhattan, lawyers for Mehmet Hakan Atilla said prosecutors on Saturday even

companyNews reuters.com

BRIEF-Deckers Says Urges Stockholders To Vote For All Its Director Nominees

* DECKERS PROVIDES UPDATE ON ONGOING PROCESS TO ADD AT LEAST TWO NEW QUALIFIED INDEPENDENT DIRECTORS TO BOARD OF DIRECTORS

PersonalFinance reuters.com

Fidelity clients suffer second website glitch in week

BOSTON (Reuters) - For the second time in a week, some clients at Fidelity Investments could not access their online accounts at the powerhouse retail trading brokerage on Monday morning in a glitch...

businessNews reuters.com

Bank stocks favored over tech as tax bill makes headway

(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for much of the year including shares of financial and industrial companies.

companyNews reuters.com

US STOCKS-Bank stocks favored over tech as tax bill makes headway

* Indexes up: Dow 0.99 pct, S&P 0.42 pct, Nasdaq 0.54 pct (Changes comment, adds company details, updates prices)

PersonalFinance reuters.com

Fidelity says some customers cannot access accounts

BOSTON (Reuters) - Fidelity Investments said on Monday some of its clients could not access their accounts on the company's website, the second time in a week that the large online brokerage operator...

businessNews reuters.com

Shares of big U.S. banks jump as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks rose on Monday, after the Senate approved a tax overhaul bill on Saturday, raising investor hopes that their earnings would get a boost from a significantly lower tax bill.

companyNews reuters.com

BRIEF-DMG, Aim Upsize To Private Placement, Investment From Element Fleet Management

* DMG BLOCKCHAIN SOLUTIONS INC. AND AIM EXPLORATIONS LTD. ANNOUNCE UPSIZE TO PRIVATE PLACEMENT AND STRATEGIC INVESTMENT FROM ELEMENT FLEET MANAGEMENT CORP.

companyNews reuters.com

BRIEF-Marcato Modifies Slate Of Director Nominees

* MARCATO MODIFIES SLATE OF DIRECTOR NOMINEES; SENDS LETTER TO DECKERS STOCKHOLDERS

businessNews reuters.com

Shares of big U.S. banks rise as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses.

companyNews reuters.com

BRIEF-Redzone Announces Appointment Of Director And Private Placement

* REDZONE ANNOUNCES APPOINTMENT OF DIRECTOR AND PRIVATE PLACEMENT

topNews reuters.com

Special Report: Hidden peril awaits China's banks as property binge fuels mortgage fraud frenzy

SHANGHAI/HONG KONG/BEIJING (Reuters) - When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China's southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover the deal.

companyNews reuters.com

BRIEF-Aerie Pharmaceuticals Appoints Heather Johnson As Regional Sales Director For Northeast Region

* AERIE PHARMACEUTICALS ANNOUNCES APPOINTMENT OF HEATHER JOHNSON AS REGIONAL SALES DIRECTOR FOR THE NORTHEAST REGION Source text for Eikon: Further company coverage:

businessNews reuters.com

French bank Natixis bets on fixed-income, equity derivatives to grow Asia sales

HONG KONG (Reuters) - Natixis SA aims to boost Asia's share of its corporate and investment banking sales to more than 15 percent over the next couple of years, as the French bank expands in areas such as fixed-income and equity derivatives, its chief executive said.

companyNews reuters.com

BRIEF-Inuitive and SoftBank to Collaborate on AI and IoT

* SOFTBANK GROUP CORP SAYS CO'S UNIT AND INUITIVE LTD AGREED TO COLLABORATE THROUGH DEVELOPMENT OF AI, DEEP LEARNING AND ADVANCED 3D SENSING Source text for Eikon: Further company coverage:

businessNews reuters.com

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

LONDON (Reuters) - How much are you worth? For the FX and bond analysts covering the world's biggest markets, how much to charge for their time and research remains in question just a month away from sweeping new rules that require fund managers to pay for these services.

cnn.com

CIA director: Trump's tweets help us

CIA Director Mike Pompeo said Saturday that President Donald Trump's prolific Twitter feed was yielding valuable intelligence.

companyNews reuters.com

Qatar riyal stabilising in offshore market after c.bank pledge on dollar supply

DOHA, Dec 3 (Reuters) - Qatar's riyal is stabilising in offshore trade, recovering from several weeks of increasing volatility, after the central bank pledged to ensure liquidity in the foreign exchange market, commercial bankers said on Sunday.

cnn.com

CIA director: Trump tweets yielding valuable intelligence

CIA Director Mike Pompeo said Saturday that President Donald Trump's prolific Twitter feed was yielding valuable intelligence.

Federal Taxes (US) nytimes.com

Tax Bill Offers Last-Minute Breaks for Developers, Banks and Oil Industry

In Senate Republicans’ mad dash to rewrite the tax code, lawmakers added loopholes for the wealthy and tightened deductions for middle-income workers.

politicsNews reuters.com

Disputed CFPB acting director plans to seek preliminary injunction: filing

WASHINGTON (Reuters) - The disputed acting director of the Consumer Financial Protection Bureau said in a court filing on Friday that she plans to seek a preliminary injunction against rival acting director Mick Mulvaney and the Trump administration by Dec. 5.

PersonalFinance reuters.com

Advisory firms split on Deckers' proxy contest vote

(Reuters) - Two proxy advisory firms on Friday weighed in on one of the year's most bitter proxy battles with one backing UGG boot maker Deckers' management and the other giving partial support to...

companyNews reuters.com

BRIEF-Bryn Mawr Bank Corp Receives Regulatory Approval For The Acquisition Of Royal Bancshares Of Pennsylvania

* BRYN MAWR BANK CORPORATION RECEIVES REGULATORY APPROVAL FOR THE ACQUISITION OF ROYAL BANCSHARES OF PENNSYLVANIA, INC.

companyNews reuters.com

BRIEF-Kesm Transaction Solutions Says Acquired In A Private Transaction, Ownership And Control Over 35.8 Mln Shares Of Ackroo Inc

* KESM TRANSACTION SOLUTIONS SAYS ACQUIRED IN A PRIVATE TRANSACTION, OWNERSHIP AND CONTROL OVER 35.8 MILLION SHARES OF ACKROO INC

domesticNews reuters.com

Turkish gold trader testifies on bank executive's role in sham food sales

NEW YORK (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a New York court on Friday gave his most detailed account yet of how he claims an executive of Turkey's state-owned Halkbank devised key parts of a plan to launder money for Iran through fake food sales.

companyNews reuters.com

Turkish gold trader testifies on bank exec's role in sham food sales

By Brendan Pierson NEW YORK, Dec 1 (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a New York court on Friday gave his most detailed account yet of how he claims an executive of Turkey's state-owned Halkbank devised key parts of a plan to launder money for Iran through fake food sales. The executive, Mehmet Hakan Atilla, is on trial on charges that he took part in a scheme to violate U.S sanctions against Iran. The gold trader, Reza Zarrab, ple

PersonalFinance reuters.com

Hedge fund Tudor shuts one portfolio; Jones to play bigger role

BOSTON (Reuters) - Paul Tudor Jones, one of Wall Street's most prominent investors, is restructuring his Tudor Investment Corp. by liquidating one portfolio and planning to play a bigger role in...

PersonalFinance reuters.com

Mednax fielding takeover interest from buyout firms: sources

(Reuters) - Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, according to...

companyNews reuters.com

BRIEF-Precision Drilling Corporation Announces Addition Of New Director

* PRECISION DRILLING CORPORATION ANNOUNCES ADDITION OF NEW DIRECTOR

PersonalFinance reuters.com

Exclusive: Mednax fielding takeover interest from buyout firms - sources

(Reuters) - Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, according to...

companyNews reuters.com

LPC: US private equity lending hits record levels

NEW YORK, Dec 1 (Reuters) - Lending to US private equity-owned companies hit a record high of US$588bn at the end of November, despite regulators’ attempts to cool the market and a lack of jumbo deals, and is expected to climb further before the end of the year.

companyNews reuters.com

CANADA STOCKS-TSX edges up as energy, bank stocks gain; miners weigh

TORONTO, Dec 1 (Reuters) - Canada's main stock index edged higher on Friday as banks and energy companies gained with higher oil prices and surprisingly robust domestic jobs data, while gold mining stocks pulled back.

technologyNews reuters.com

'Clash of Clans' maker Supercell banks on few games

HELSINKI (Reuters) - "Clash of Clans" maker Supercell will focus on a few mobile games and kill off those which it does not expect to become a top-10 global hit, its chief executive said on Friday.