Reuters - Money

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Monday, January 29, 2018

U.S. stocks, VIX dance in tandem in break with history

NEW YORK (Reuters) - A rising U.S. stock market normally reduces fear among investors, but the blistering pace of the current rally has instead also driven up the anxiety factor in the market.

U.S. wage growth, tax-bonuses spark shopping in retail stocks

NEW YORK (Reuters) - U.S. fund managers are betting that rising wages and the effects of the Republican-led corporate tax cut will prove a lifeline to middle-market retailers who have struggled to remain relevant in the age of Amazon.

Och-Ziff hedge fund rebounds but succession, other issues linger

NEW YORK (Reuters) - Och-Ziff Capital Management Group LLC rode bets on Asian stocks and U.S. corporate mergers to strong returns in 2017 - its best showing in years - but remained challenged by succession planning, declining assets and a stagnant stock price.

Goldman, Barclays, SocGen interested in Commerzbank unit: Handelsblatt

(Reuters) - Wall Street investment bank Goldman Sachs Group Inc, Britain's Barclays Plc and French lender Societe Generale SA are interested in buying the Equities, Markets and Commodities (EMC) division of Germany's Commerzbank AG, Handelsblatt reported on Thursday.

Ackman made new bet on Nike, Namvar to transition to advisory board

NEW YORK (Reuters) - Billionaire investor William Ackman said on Thursday that his hedge fund Pershing Square Capital Management made a new bet on sportswear company Nike last year that has already earned his portfolio a roughly 30 percent return.

Social Security online accounts: safe from identity theft?

CHICAGO (Reuters) - More than 34 million Americans now conduct business with the Social Security Administration (SSA) online - and with that shift comes an increased risk of identity theft.

Exclusive: Commodities fund Jamison Capital to shut - source

NEW YORK/LONDON (Reuters) - Jamison Capital Partners LP, a New York-based macro commodity hedge fund run by former Morgan Stanley trader Stephen Jamison, will shut its nearly $1.5 billion fund by the end of the month, according to a source familiar and an investor letter.

Soothe the financial bite of a 'bad' dog

NEW YORK(Reuters) - Try to imagine the "world's worst dog," and you probably think of the incorrigible Marley, from John Grogan’s bestselling book and big-screen adaptation “Marley & Me.”

GLMX reboots high-tech platform in post-crisis repo environment

NEW YORK (Reuters) - GLMX has raised $20 million in financing and updated its high-tech platform for trading repurchase agreements and secured lending to help clients comply with new regulatory reporting requirements, the company said on Thursday.

E*Trade to acquire 1 million retail brokerage accounts from Capital One

NEW YORK (Reuters) - E*Trade Financial Corp will acquire 1 million retail brokerage accounts with around $18 billion of clients' assets from Capital One Financial, it said on Thursday.