Reuters Money: Deutsche Bank says is confident on asset wealth management goals

	Click to View in Browser 06/10/2013 Deutsche Bank says is confident on asset wealth management goals FRANKFURT (Reuters) - Deutsche Bank can achieve and possibly even exceed its target of generating 1.7 billion euros ($2.25 billion) in pretax profit from its asset and wealth management division by 2015, the unit's chief Michele Faissola said on Monday. Financial crisis curbs private equity investor returns: survey LONDON (Reuters) - Two thirds of private equity investors have made net returns of at least 11 percent over the lifetime of their portfolios, a survey showed on Monday, with returns dropping since the financial crisis. Mutual fund outflows rise as investors seek Fed clues June 7 - Nervous investors pulled a net $8.9 billion from mutual funds (including conventional funds and exchange-traded funds) in the week ended June 5 as they looked for hints about when the Federal Reserve might begin scaling back its $85-billion bond-buying program. U.S.-China corporate audit rift persists as summits begin (Reuters) - The Obama administration is under pressure from large corporations and a senior U.S. senator to revisit oversight of Chinese corporate audits at upcoming summit meetings, as disputes persist despite a partial deal on the issue reached in May. Former head of financial planning ethics group to be sanctioned (Reuters) - The former chairman of the Certified Financial Planner Board of Standards, which develops ethics and standards for financial planners, is expected to receive a public rebuke for running afoul of the organization's rules, a person familiar with the matter said on Friday. Pickup in hiring points to U.S. economic resilience WASHINGTON (Reuters) - Employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year. GE CFO to head finance unit: WSJ (Reuters) - General Electric Co Chief Financial Officer Keith Sherin is poised to head the company's finance unit, the Wall Street Journal said on Friday, citing people familiar with the matter. Hedge fund that manages SAC money had tough year through April NEW YORK (Reuters) - As billionaire investor Steven A. Cohen deals with a spate of redemptions out of his own hedge fund, another firm in which his SAC Capital Advisors has money saw returns plummet in the first four months of the year. Paulson's main funds gain on deals, distressed debt BOSTON (Reuters) - Hedge fund manager John Paulson reported strong returns in his largest funds last month as bets on deals and distressed debt are paying off and boosting several of his portfolios to double digit gains so far this year. SEC retail fund definition came from USAA NEW YORK (Reuters) - A key part of the Securities and Exchange Commission's new proposal on regulating money-market funds came from an idea raised by a single financial firm, a senior SEC official said. Related Video Big dividends can mask big risks - Money Clip How to cash in on lawsuits - Investing 201 Business News S&P revises U.S. credit outlook to 'stable' Wall St. set to rise after credit outlook revised up 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend