Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street's increasing desire to cast itself as environmentally friendly amid a political firestorm in Alaska.
Swiss wealth manager Julius Baer Group nominated former Bank of America Merrill Lynch investment banking head Christian Meissner and UBS Asia veteran Kathryn Shih for seats on its board of directors.
If you are close to retirement in the United States, chances are you do not have to worry about cashing out of the market as it gyrates wildly on coronavirus fears.
Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he wants to do something different.
This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional stock market funds during a time of market stress.
Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.
The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates of natural gas flaring.
Related Videos
Introducing the all-new Reuters News app
The new Reuters News app is here, redesigned from the ground up to fit your busy life.
