BOSTON (Reuters) - State Street Corp wants answers from companies that lack such things as independent board leaders or equal voting rights for investors, a top executive at the asset manager said, which could spell weaker support for some companies whose shares it controls.
LONDON (Reuters) - A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped as there is no evidence it is needed, leading international trade body ICI Global said.
WASHINGTON (Reuters) - The Trump administration and Republicans in Congress are seeking to make temporary personal income tax cuts passed last year permanent, White House spokesman Raj Shah said on Thursday, adding they could also lower capital gains tax rates.
(Reuters) - A federal appeals court on Thursday voided the U.S. Department of Labor's "fiduciary rule," an Obama administration measure adopted in 2016 meant to curb conflicts of interest among providers of financial advice to Americans planning for retirement.
LONDON (Reuters) - France's financial markets regulator said on Thursday it had written to British-based investment firms active in the country and French firms with UK clients to ask about their preparations for Brexit.
NEW ORLEANS (Reuters) - Major shifts in industries ranging from semiconductors and food to beverages and pharmaceuticals will keep fueling the blistering pace of mergers and acquisitions, one of Goldman Sachs Group Inc's top dealmakers said on Thursday.
NEW YORK (Reuters) - The legal fight over a complex Credit Suisse financial instrument betting on stock market swings is expanding, with a new lawsuit targeting one of the product's service providers.
LONDON (Reuters) - JPMorgan will launch a new overall bond index on Thursday that will unify all of the bank's flagship bond indexes that cater to specific areas such as government bonds and emerging markets, according to a document seen by Reuters on Thursday.
NEW YORK (Reuters) - A U.S. judge on Thursday dismissed a lawsuit against 16 big banks by retail foreign currency investors who claimed they were indirectly harmed by a conspiracy to rig prices.
Pictet Asset Management's chief strategist tells Reuters' Fred Katayama the market could rotate toward staples, healthcare and other defensive sectors in the second half of the year.
