| | U.S. pensions stuck in the red despite stock market boom | | NEW YORK (Reuters) - While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations. |
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Institutional portion of ZhongAn's HK IPO oversubscribed: sources | | HONG KONG (Reuters) - ZhongAn Online Property and Casualty Insurance Co, China's first internet-only insurer, has covered the institutional tranche of its up to $1.5 billion initial public offering (IPO) multiple times over, sources close to the deal said on Monday. |
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Citi names co-heads for EMEA trade business | | (Reuters) - Citigroup Inc named Peadar MacCanna and Murat Demirel as trade co-heads for its treasury and trade solutions (TTS) business in Europe, Middle East and Africa (EMEA). |
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| | 'Trump Trade' returns? Small-cap stocks rally on hopes of tax deal | | NEW YORK (Reuters) - With time running out before Congress turns its attention to the 2018 mid-term elections, small-cap stocks are increasingly acting as a bellwether for the market's expectations that the Trump Administration will reach a deal to significantly cut U.S. corporate tax rates by the end of the year. |
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| | Treasury's Mnuchin says no tax cut for wealthy | | WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration's upcoming tax plan will not be aimed at lowering income taxes for the wealthiest Americans. |
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