Reuters Money: U.S. senators scold prosecutors, Swiss bank in tax spat

	Click to View in Browser 02/27/2014 U.S. senators scold prosecutors, Swiss bank in tax spat WASHINGTON (Reuters) - U.S. senators lashed out at federal prosecutors on Wednesday for a lack of zeal in going after Swiss banks that helped Americans dodge taxes, blaming both sides for billions of dollars in missed revenues. JPMorgan hires six financial advisers (Reuters) - JPMorgan Chase & Co's wealth management unit said it hired a team of veteran advisers from UBS, Merrill Lynch and Bernstein Global Wealth Management to expand the firm's presence in Atlanta, New York and Seattle. Carlyle's founders get $92.9 million each in 2013 (Reuters) - The founders of private equity firm Carlyle Group LP each received $92.9 million in dividends and salaries in 2013, a regulatory filing showed, up from $57.6 million in 2012. Permira agrees to buy Tilney, creating $15 billion UK wealth manager LONDON (Reuters) - European private equity fund Permira said on Thursday it had agreed to buy investment manager Tilney from Deutsche Bank as it looks to create a wealth manager with 9 billion pounds ($15 billion) of assets. Managers improve, but scale kills (Reuters) - Fund managers are getting better, but active fund management is getting worse. U.S. justices say Allen Stanford victims can sue lawyers, brokers WASHINGTON (Reuters) - Investors in Allen Stanford's $7 billion Ponzi scheme can sue to recoup losses from lawyers, insurance brokers and others who worked with the convicted swindler, the U.S. Supreme Court ruled on Wednesday. Investment chief of top U.S. pension fund Calpers dies after cancer (Reuters) - The chief investment officer of Calpers, the largest pension fund in the United States, has died after a battle with cancer, his office said on Wednesday. He was 62. Why Amazon Prime shoppers may flee with fee hike CHICAGO (Reuters) - As an Amazon Prime customer since December 2012, Michelle Huffman of Milwaukee has gladly paid the annual $79 fee for the perk of free two-day shipping on items ranging from tea and cookbooks to DVDs and Nestle Smarties (milk chocolate buttons imported from Germany). U.S.-based bond funds attract $2.9 billion over week: ICI NEW YORK (Reuters) - Investors in U.S.-based mutual funds poured $2.9 billion into bond funds in the week ended February 19 after weak U.S. economic data led some investors to prefer safer assets, data from the Investment Company Institute showed on Wednesday. Delta to award frequent flier miles based on ticket price (Reuters) - Delta Air Lines Inc, making a bigger play for business travelers, said it would change its frequent-flier program to base miles earned toward free flights on how much customers spend rather than the distance traveled. Related Video Retailers not enough to renew buying Retailers rise but market sags Business News Durable goods orders mixed, jobless claims rise Ukraine tensions hit shares, euro drops to two-week low 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