Reuters Money: U.S. mortgage collectors gag homeowners in loan deals

	Click to View in Browser 05/21/2014 U.S. mortgage collectors gag homeowners in loan deals (Reuters) - Joseph and Neidin Henard thought they had finally fixed the mortgage that was crushing them. Hedge fund sues McKesson for $500 million over Celesio acquisition FRANKFURT (Reuters) - Hedge fund Magnetar Capital is suing U.S. drugs wholesaler McKesson over the price it offered minority shareholders as part of its acquisition of German peer Celesio. How much are public-sector pensions shrinking? Often, a lot CHICAGO (Reuters) - You'd have to be living in a cave not to have heard that many states are bailing out struggling pension plans by cutting benefits. But how will that affect workers in those states? Researchers who have been sorting through the cuts say the picture isn't pretty. Money won't come cheap for China banks' $120 billion funding spree SHANGHAI/HONG KONG (Reuters) - Chinese banks are poised to raise a record $120 billion in the next two years to shore up their balance sheets in the face of slowing growth and rising bad debts, but the funds could prove expensive and hurt earnings as investors demand a premium. Banned hedge fund manager arrested in Italy: prosecutors MILAN (Reuters) - Alberto Micalizzi, a former university professor and ex-hedge fund manager who was fined 3 million pounds ($5.1 million) in 2012 for concealing massive losses to investors, has been arrested in Italy, Milan prosecutors said on Wednesday. Modi mania and activism show growth premium: James Saft (Reuters) - Investor enthusiasm for new Indian Prime Minister-to-be Narendra Modi and for activist investment may spring from a common underlying cause: the reality of lower, less explosive growth. Wall Street regulator backs registration for high-speed traders WASHINGTON (Reuters) - High-frequency trading firms should be required to register with U.S. securities regulators, the head of Wall Street's industry-funded regulator said on Tuesday. Wells Fargo hopes to double payout to investors: CFO (Reuters) - Wells Fargo & Co plans to return as much as 75 percent of its profit to shareholders, up from 34 percent in 2013, a top executive said on Tuesday. Aberdeen plans new Brazil fund amid effort to lure pension funds SAO PAULO (Reuters) - Aberdeen Asset Management Plc, Europe's largest independent money manager, expects to complete within weeks the sale of a fund investing in Brazilian stocks and government debt, two executives said on Tuesday. Buffett: Teach kids financial literacy to spark entrepreneurship NEW YORK (Reuters) - Billionaire investor Warren Buffett has a double life - as a cartoon character. In his "Secret Millionaires Club," an animated series online and on television, Buffett teaches a group of kids about financial literacy and entrepreneurship. Related Video Rate comments roil stocks Deal making frenzy grips Wall Street Business News Wall Street opens higher, investors eyeing Fed Target shows signs of turnaround as sales fall less than expected 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