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Thursday, April 18, 2013

Reuters Money: New strategies for tuition-panicked parents

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04/18/2013
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
New strategies for tuition-panicked parents
WASHINGTON (Reuters) - This is the time of year when high school seniors start to calm down and their parents start to get anxious. The students have received those coveted college acceptance letters, so they know they are going to go somewhere. But how will Mom and Dad scrape up the money to pay for it?
Wall Street has fewer bolting brokers amid stronger markets
NEW YORK (Reuters) - Fewer Wall Street brokers appear to be jumping ship in 2013, as strong markets kept more teams in place in the first quarter, financial-services recruiters said this week.
Credit Suisse hires Strobaek for Keitel as unit investment chief
ZURICH (Reuters) - Credit Suisse on Thursday named Michael Strobaek as Chief Investment Officer for its private banking arm effective May 1.
Make money with gold, despite the plunge
NEW YORK (Reuters) - Stephen Hammers, co-manager of the recently launched $23 million Compass EMP Commodity Long/Short Strategies fund, doesn't expect gold's downward trajectory to last very long.
Barclays investment bank boss Ricci to leave
LONDON (Reuters) - Barclays said its investment banking boss, Rich Ricci, will step down this month and retire from the UK bank in June, following months of speculation that he would leave after the arrival of new Chief Executive Antony Jenkins.
Exclusive: Risk ranking: China revamps anti-money laundering rules - sources
BEIJING (Reuters) - Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of dollars a year.
Answering Americans' top five questions about Social Security
The writer is a Reuters columnist. The opinions expressed are his own. For more from Mark Miller, see http://link.reuters.com/qyk97s
Regulator says banks still a risk for taxpayers
WASHINGTON (Reuters) - A top bank regulator said on Wednesday the country must do more to protect taxpayers from having to spend billions on bank bailouts, one of a growing chorus of critics of the current rules.
Third Point's Loeb cancels appearance in face of protest
NEW YORK (Reuters) - Billionaire hedge fund manager Daniel Loeb has canceled plans to speak at an investor conference in Washington D.C. on Thursday after certain pension funds threatened to confront him at the event.
Meditation and the art of investment
(James Saft is a Reuters columnist. The opinions expressed are his own.)
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