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Ted Talk prophets started with prosaic first jobs

Ted Talk prophets started with prosaic first jobs

(This Nov. 30 story corrects the spelling of the band Little Feat in the second-to-last paragraph) By Chris Taylor NEW YORK (Reuters) - Prophets of yore had difficulty getting their mes ...

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Bond rout marks November a watershed month for fund flows: BAML

LONDON (Reuters) - The rout in world bond markets gathered pace in the past week, making November a watershed month for fund flows as bond funds chalked up their heaviest outflows in th ...

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U.S. bill would allow Wells customers go to court over scandal

U.S. bill would allow Wells customers go to court over scandal

By Suzanne Barlyn (Reuters) - Legislation introduced by two Democratic lawmakers on Thursday would allow Wells Fargo & Co customers to go to court, instead of private arbitration, t ...

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Citizens Bank signs SigFig for robo-adviser investment services

By Elizabeth Dilts NEW YORK (Reuters) - Rhode Island-based Citizens Bank said Thursday it is partnering with SigFig, a leading robo-adviser, to help manage the portfolios of the bank's ...

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Investors yank $3 billion from U.S.-based bond funds during week: Lipper

Investors yank $3 billion from U.S.-based bond funds during week: Lipper

NEW YORK (Reuters) - Investors pulled another $3 billion from U.S.-based taxable bond funds during the latest week, delivering the funds their fifth straight week of withdrawals, Thomso ...

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Hedge fund returns mixed for November after market rally

Hedge fund returns mixed for November after market rally

BOSTON (Reuters) - Some big hedge funds got a bump in November after Donald Trump's surprise U.S. presidential election victory sent stocks higher, but lagged behind the broader market' ...

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Climate change pushing U.S. fund managers out of apparel stocks

Climate change pushing U.S. fund managers out of apparel stocks

By David Randall NEW YORK (Reuters) - Retailers have long relied on sales of high-margin winter coats and boots to boost annual profits, but with the season becoming shorter and warmer, ...

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Wells Fargo to keep brokerage retirement plans under fiduciary rule

Wells Fargo to keep brokerage retirement plans under fiduciary rule

NEW YORK (Reuters) - Wells Fargo & Co <WFC.N> said it will continue to offer individual retirement accounts that pay brokers commissions and will adjust procedures to comply w ...

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Massachusetts regulator charges adviser, LPL Financial for sales to retirees

BOSTON (Reuters) - Massachusetts' top financial regulator on Thursday charged a Boston-based investment adviser and his employer, LPL Financial LLC, with fraudulently selling annuities ...

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Q&A: How José Andrés grew from apprentice to top chef

By Cheryl Lu-Lien Tan NEW YORK (Reuters) - Award-winning chef and restaurateur José Andrés got his start the old-fashioned way - as a teenage apprentice. Andrés worked his way up from a ...

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U.S. retirement investors not hitting post-election panic button

By Mark Miller CHICAGO (Reuters) - Emotion can drive investor behavior - and feelings are in overdrive following last month's election. Across the United States, the mood ranges from a ...

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Institutions aim to boost bets on hedge funds, private equity: survey

By Sam Forgione NEW YORK (Reuters) - The majority of institutional investors worldwide are seeking to increase their investments in riskier alternatives that are not publicly traded suc ...

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‘Peter principle’ alive and well in fund management: James Saft

By James Saft (Reuters) - The idea that people succeed at work up to the point at which they are no longer much good apparently applies to fund managers too. A new study bears out the t ...

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Ted Talk prophets started with prosaic first jobs

Ted Talk prophets started with prosaic first jobs

By Chris Taylor NEW YORK (Reuters) - Prophets of yore had difficulty getting their messages out - chipping stone tablets or scribbling on scrolls. These days there is a much easier way ...

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State treasurers renew call for independent chair at Wells Fargo

State treasurers renew call for independent chair at Wells Fargo

By Ross Kerber (Reuters) - Investors, including the state treasurers of Connecticut and Illinois, called on Wells Fargo & Co to require an independent board chair, saying the bank n ...

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