Reuters Money: The financial realities of living with an addict

	Click to View in Browser 12/11/2013 The financial realities of living with an addict NEW YORK (Reuters) - For David Sheff, there is nothing worse than the sheer terror of witnessing your own child slip away into a life of drug abuse. Two more Swiss banks join U.S. tax deal ZURICH (Reuters) - Two more Swiss banks said they would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts, a trickle that could rise to about one third of the country's private banks. U.S. fund industry sees modest wins in final Volcker rule (Reuters) - Banks and asset managers scored some small victories after U.S. regulators narrowed the scope of a provision in the Volcker rule that restricts banks' ownership stake in hedge funds and private equity funds. U.S. finalizes Volcker rule, curbing Wall Street's risky trades WASHINGTON (Reuters) - U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable business for Wall Street before the credit crisis. Madoff cried as he confessed fraud to me: witness NEW YORK (Reuters) - During three decades of working for Bernard Madoff, Frank DiPascali said knew his boss was running an illegal scheme. DoubleLine's Gundlach says favors emerging market debt over junk bonds NEW YORK (Reuters) - Jeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital LP, said on a company webcast on Tuesday that he favored dollar-denominated emerging market bonds over U.S. high-yield bonds. Exclusive: Jefferies wealth head Peters resigns to join hedge fund NEW YORK (Reuters) - Markman Peters, who joined Jefferies & Co in 2009 to run and expand its wealth management business, is leaving to join a distressed debt hedge fund, according to two persons familiar with his plan. Use year-end to take a client's financial temperature CHICAGO, December 10 - Ted Sarenski isn't shy about finding out whether his clients think he's been naughty or nice. Silicon Valley techies who take the elderly seriously (The writer is a Reuters columnist. The opinions expressed are his own.) Big U.S. custody banks mining Big Data need more engineers BOSTON (Reuters) - The world's two largest custody banks, BNY Mellon Corp and State Street Corp, are loading up on engineers to crunch mountains of data into juicy chunks of information that they can use to win more customers and generate more fees. Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Wall Street opens flat as budget deal assessed Two more Swiss banks join U.S. tax deal 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