Nearly 50 buyout firms and investors have signed a global initiative that aims to improve diversity and inclusion among their ranks, a U.S. private equity investor association said on Monday.
(Reuters) -A new investment firm is taking aim at one of corporate America's most iconic brands, pressing energy giant Exxon Mobil Corp to overhaul itself by focusing more on clean energy to improve its financial performance.
U.S. investment bank Morgan Stanley said on Monday it was taking "a few chips off the table" after a thundering rally in emerging markets over the last month.
After a record November, a strong start for world equities this month has triggered some of the "sell" signals monitored by major investment banks, raising chances that the run to record highs is about to pause.
Retail brokerages Interactive Brokers Group Inc and Robinhood experienced glitches early on Monday that prevented some or all of their users from trading as the U.S. markets were opening.
NEW YORK (Reuters) -Loomis Sayles bond fund legend Dan Fuss will no longer manage several portfolios starting next year as he takes a significant step back in his duties, the asset management company said on Monday.
NEW YORK (Reuters) -Online investing platform Robinhood Markets Inc said on Monday that it had restored service to its website and mobile application after an outage.
Citadel, the Chicago-based hedge fund giant, has hired former Morgan Stanley commodities trading chief Jay Rubenstein, a Citadel spokeswoman said on Monday.
