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Friday, May 9, 2014

Reuters Money: A Mother's Day missive for women who are breadwinners

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05/9/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
A Mother's Day missive for women who are breadwinners
NEW YORK (Reuters) - Some women will be eating bacon at Mother's Day brunches this Sunday. Others may be celebrating the fact that they are bringing it home.
When investment advisers outsource
CHICAGO (Reuters) - A growing number of certified financial planners are outsourcing administrative tasks and investment management under a strategy they say gives them more time to spend with clients and access to resources resembling what large institutional companies offer.
Air getting thinner as yield hunt reaches new terrain
LONDON (Reuters) - Investors may be stretching too far for higher returns in what some are terming a worldwide "Yield Grab-athon", closing their eyes to the risk of heavy potential losses when interest rates eventually drift higher.
Credit Suisse narrowly wins vote for conditional capital bonus plan
ZURICH (Reuters) - Credit Suisse won a narrow vote to issue new shares for staff bonuses at the Swiss bank's annual general meeting on Friday, with nearly 30 percent of investors opposing the move.
Why moms - and all women - need a winning retirement plan
CHICAGO (Reuters) - On the hunt for a Mother's Day gift this weekend? Here's one that won't cost a dime but could provide a big boost to Mom's pocketbook down the road: Sit down and have a talk about retirement planning.
Was Barclays the problem, or was it the business model?: James Saft
(Reuters) - When the world applauds your obituary, as it has the death of Barclays Plc's global ambitions, it seems you have been doing something wrong.
Carl Icahn's son, partner, to launch hedge fund management firm: WSJ
(Reuters) - Carl Icahn's son, Brett Icahn, and David Schechter are launching a hedge fund management company that will take money from outside investors, according to The Wall Street Journal, which cited people familiar with the plan.
In retirement business, big players like Vanguard think small
MALVERN, Pennsylvania (Reuters) - Vanguard, the biggest U.S. mutual fund company, is going after small fish it once passed up.
Denmark probes suspected leaks of credit card use by celebrities
COPENHAGEN (Reuters) - Danish police are investigating suspected leaks of information about credit card use by politicians, celebrities and members of the royal family to a magazine in a widening scandal.
StanChart investors rebel over pay plan after profit falls
HONG KONG/LONDON (Reuters) - Asia-focused bank Standard Chartered saw more than 40 percent of its shareholders oppose its pay plan on Thursday, hours after the bank posted a drop in profits due to lower investment bank revenues and problems in South Korea.
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