  | | | | WASHINGTON (Reuters) - When Kellie and Michael May decided to refinance their home in the New York suburbs, they wanted to take advantage of historically low interest rates. But before landing a new 30-year fixed-rate mortgage, they had to get through a home appraisal. | | | | | CHICAGO (Reuters) - The $2.7 trillion money market funds market is in line for new regulations as the Securities and Exchange Commission ponders new rule changes that would give investors a better idea of how much risk they're taking. | | | | | | (Reuters) - Hedge fund investor Mark Yusko, who once headed the University of North Carolina's endowment fund, has stepped down as investment chief of his $3.5 billion joint-venture Endowment Fund, a source familiar with the matter said on Tuesday. | | | | | | BOCA RATON, Florida (Reuters) - After years of favoring fixed income, investors are ready to put their money back into equities and they might be rewarded with strong returns, especially in U.S. stocks, hedge fund managers and investors said at a conference on Tuesday. | | | | | | MEXICO CITY (Reuters) - Veteran emerging markets investor Mark Mobius sees a bumper year ahead for riskier, high-yielding assets as hundreds of billions of dollars flows off bank balance sheets and back into markets. | | | | | | SAN FRANCISCO/CHICAGO (Reuters) - Peregrine Financial Group's former chief executive stole more than $215 million from customers of his now-defunct futures brokerage and should be sentenced to the maximum 50 years in jail, U.S. prosecutors said on Tuesday. | | | |  | | | | ZURICH (Reuters) - How do you impress someone who can afford almost anything? | | | | | | (Reuters) - Shares of asset manager Legg Mason Inc rose as much as 4 on Tuesday after it detailed charges tied to asset write-downs and offered to exchange notes, leading an analyst to speculate some sort of "corporate action" may be in the works. | | |  | | | | HOUSTON (Reuters) - James Davis, the government's top witness in convicted swindler Allen Stanford's fraud trial, was sentenced on Tuesday to five years in prison for his role in a $7 billion Ponzi scheme. | | | | | | ROME/MILAN (Reuters) - Banca Monte dei Paschi di Siena, Italy's third biggest lender, will book a loss of at least 220 million euros ($293 million) from a three-year-old derivative deal in its 2012 results, a source close to the matter said on Tuesday. | | | | |  |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | |  | |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | » MORE NEWSLETTERS | |
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