Reuters Money: SEC has accounting probes in the works, White says

	Click to View in Browser 04/29/2014 SEC has accounting probes in the works, White says WASHINGTON (Reuters) - A task force formed last year to police for accounting fraud has launched a series of new investigations, the top U.S. securities regulator will tell lawmakers on Tuesday. Private equity for ordinary folks Pittsburgh (Reuters) - Publicly traded private equity? It sounds like an oxymoron - like jumbo shrimp or corporate responsibility. Take a pass on TBTF crapshoot: James Saft (Reuters) - Bank of America has given investors one more datapoint suggesting that our biggest banks aren't just too big to fail but too big to manage and too big to invest in. New Medicare coverage of long-term care off to a rocky start CHICAGO (Reuters) - A physical therapist visits Robert Klaiber, 78, weekly to provide a special type of massage that helps alleviate his symptoms from Parkinson's disease. Klaiber's wife, Diane, was under the impression Medicare wouldn't cover the therapy, which costs $500 or more a month. But earlier this month a neighbor noticed an announcement in a retirement newsletter. Don't let Russia scare you from euro zone stocks CHICAGO (Reuters) - Although it's easy to get distracted by the turmoil in Ukraine, the trickle of economic growth in Western Europe continues to boost euro zone stocks and batter Russian companies. Multinational Western European stocks should continue to be core holdings in your portfolio. RBC wealth focuses on adviser growth, not acquisitions TORONTO (Reuters) - Royal Bank of Canada's wealth management division has firm targets for growth, aiming to add both advisers and assets every year, but Canada's biggest player in the high net worth arena is not looking at acquisitions as a source of growth. Ameriprise Financial profit rises; sets $2.5 billion stock buyback (Reuters) - Financial services company Ameriprise Financial Inc reported a 19 percent rise in first-quarter profit, driven by strong income from its wealth management business and said it would buy back an additional $2.5 billion in stock. Franklin Resources posts outflows amid emerging market concerns BOSTON (Reuters) - Asset manager Franklin Resources Inc said on Monday investors pulled $7.1 billion from its funds in the three months ended March 31 and that they have raised questions about its holdings in volatile regions such as Ukraine. Canada launches ultra-long bond with 50-year maturity TORONTO (Reuters) - Canada issued its first ultra-long term bond that will mature in 50 years, the Department of Finance said on Monday, a rare move that will let the government capitalize on the current low interest rate environment. Australia and U.S. sign agreement to counter tax avoidance SYDNEY (Reuters) - Australia signed a tax-information sharing agreement with the U.S. Treasury Department on Monday ahead of a new U.S. law that will crack down on offshore tax avoidance. Related Video Stocks flip-flop, deals give stability Amazon, Ukraine lead to Wall Street ruckus Business News Wall St. set for higher open on earnings; FOMC meeting on tap GE trumpets 40-year jet engine venture to bolster Alstom bid 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