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Telecoms, cable group Altice starts IPO process for U.S. arm

Telecoms, cable group Altice starts IPO process for U.S. arm

By Anjali Athavaley and Mathieu Rosemain NEW YORK/PARIS (Reuters) - Altice USA, the cable operator that Netherlands-based Altice NV <ATCA.AS> put together by acquiring Cablevision ...

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Sven Lindblad keeps adventure travel all in the family

By Chris Taylor NEW YORK (Reuters) - Travelers these days take it for granted that they can journey to remote places like Antarctica or the Galapagos, but it was one family, the Lindbla ...

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Consumer debt growth can’t outpace wages forever: James Saft

By James Saft (Reuters) - U.S. consumers are taking out debt at a far faster rate than their incomes or the economy are growing, and just as we may be hitting a peak in employment. Add ...

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Japan’s GPIF starts recruiting managers for alternative assets

Japan’s GPIF starts recruiting managers for alternative assets

By Thomas Wilson TOKYO (Reuters) - Japan's Government Pension Investment Fund (GPIF) on Tuesday began recruiting asset managers for investments in private equity, infrastructure and rea ...

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Philanthropist dollars often come with strings attached: wealth watcher

By Michael Connor NEW YORK (Reuters) - No longer content to build hospitals and give art to museums, America's elite philanthropists more and more often write supersized checks in effor ...

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In the Trump era, one U.S. Muslim investor tries a louder voice

In the Trump era, one U.S. Muslim investor tries a louder voice

By Ross Kerber BOSTON (Reuters) - Shareholder activism is rare in Islamic finance, but one wealth manager has staked out new territory as the most outspoken voice among Muslim investors ...

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Brinker Capital launches Destinations Funds

NEW YORK (Reuters) - Investment management firm Brinker Capital announced Monday the launch of the Destinations Funds, a series of 10 multi-manager mutual funds advised by Brinker Capit ...

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Your Money: How to keep student loan defaults from ruining your life

By Kathy Kristof LOS ANGELES (Reuters) - Dental hygienist Randy Honeycutt's $65,000 student loan balance has ballooned to more than $200,000 because of back interest and default fees, a ...

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Investors look to global growth for earnings power

Investors look to global growth for earnings power

By Caroline Valetkevitch NEW YORK (Reuters) - America First may be a main policy of the White House and fuel to the stock market rally but U.S. investors are looking overseas for strong ...

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Union pushes Morgan Stanley to bar payouts for U.S. government-job takers

Union pushes Morgan Stanley to bar payouts for U.S. government-job takers

By Olivia Oran (Reuters) - Morgan Stanley shareholders will again vote on an investor proposal from the AFL-CIO union that would prohibit stock awards from vesting for bank executives w ...

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Merrill Lynch to push for younger advisers in its ‘thundering herd’

Merrill Lynch to push for younger advisers in its ‘thundering herd’

By Elizabeth Dilts NEW YORK (Reuters) - Bank of America's Merrill Lynch brokerage unit is launching a renewed push to recruit and train young advisers to supplement a sales force that i ...

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Payouts for U.S. government-job takers under scrutiny at Morgan Stanley

Payouts for U.S. government-job takers under scrutiny at Morgan Stanley

By Olivia Oran (Reuters) - Morgan Stanley shareholders will again vote on a proposal that prohibits stock awards from vesting for bank executives who resign for government service. The ...

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Neither executives nor their pay are working: James Saft

By James Saft (Reuters) - There are only two problems with the way incentive-based executive pay works: neither the incentives nor the people who are supposed to be motivated by them wo ...

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Morgan Stanley shareholders propose policy against golden parachute for executives entering government service

Morgan Stanley shareholders propose policy against golden parachute for executives entering government service

By Olivia Oran (Reuters) - Morgan Stanley shareholders will again vote on a proposal that prohibits stock awards from vesting for bank executives who resign for government service. The ...

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Exclusive: U.S. regulator removes top examiner for Wells Fargo – sources

Exclusive: U.S. regulator removes top examiner for Wells Fargo – sources

By Patrick Rucker WASHINGTON (Reuters) - The most senior bank examiner for Wells Fargo & Co <WFC.N> has been removed by a U.S. regulator in the wake of the bank's unauthorized ...

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