| | | NEW YORK (Reuters) - Several U.S. institutional investors said they are closely monitoring the developments at Pimco, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bill Gross. | | | | | | NEW YORK (Reuters) - More client-hungry hedge fund managers are looking to put their investment strategies to work in exchange-traded funds, a move that could exponentially expand their pool of investors but requires them to slash investment management fees. | | | | | (Reuters) - As a symbol of Britain's ill-advised romance with banking and dubious foreign money, a new prime London property investment fund is hard to beat. | | | | | | | NEW YORK (Reuters) - Merrill Lynch, whose army of stockbrokers has shrunk almost 15 percent since it was bought by Bank of America Corp five years ago, replaced or transferred more than a dozen of its senior sales executives last week as it seeks to increase productivity. | | | | | | | (The opinions expressed here are those of the author, a columnist for Reuters.) | | | | | | | (Reuters) - EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting. | | | | | | | (Reuters) - Raymond James Financial Inc's brokerage unit said on Monday that it hired two veteran advisers from Wells Fargo & Co. | | | | | | | BOSTON (Reuters) - Investors are more likely to put money into a business idea pitched by a man than a woman, and even more so if the man is good looking, according to a new study. | | | | | | BOSTON (Reuters) - Hedge fund manager William Ackman, who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 last year on lobbyists to press his case against the company, according to government documents filed in recent weeks. | | | | | | | NEW HAVEN, Connecticut (Reuters) - A federal jury on Friday found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades made after the financial crisis. | | | | | | | | 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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