| | | | | GAM Holding will next month start liquidating funds whose trading it halted in July after suspending the investment director who ran them, the Swiss group said on Tuesday. | | |
| | | Four Transamerica entities will pay $97.6 million to settle U.S. Securities and Exchange Commission charges that they sold investments that were supposedly based on quantitative models but which did not work as intended, the regulator said on Monday. | | |
| | | The U.S. Securities and Exchange Commission said on Monday that Legg Mason will pay more than $34 million to resolve a charge it violated the Foreign Corrupt Practices Act in bribing Libyan officials to secure investments. | | |
| | | Initial findings from a powerful inquiry into Australia's financial sector strongly criticized pension funds run by National Australia Bank and Commonwealth Bank for regulatory breaches including overcharging customers and failing to act in their best interest. | | |
| | | U.S. fund investors are in no rush to shore up defenses against the strong dollar. | | |
| | | (The opinions expressed here are those of the author, a columnist for Reuters) | | |
| | | Investors bought back into U.S. stocks this week which set their longest-ever market rally, although risks ahead spurred anxiety over how much longer the ageing bull can last, Bank of America Merrill Lynch strategists said on Friday. | | |
| | | U.S. fund investors apparently saw a buying opportunity in China despite ongoing trade tensions, adding their most exposure to that market since January, Lipper data for the latest week showed on Thursday. | | |
| | | Funds run by Fidelity Investments sided with Tesla Inc management on director votes and other controversial items this spring, filings showed on Thursday, and experts said that could indicate further support for Tesla CEO Elon Musk as he looks to take the company private. | | |
| | | JPMorgan Chase & Co, in a bid to lure customers from the discount brokerage industry, said on Tuesday it will begin offering free stock trades for self-managed accounts through its Chase mobile banking app starting next week. | | |
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