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Monday, March 17, 2014

Reuters Money: Discount brokers' volumes rise as small investors pile into stocks

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03/17/2014
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Discount brokers' volumes rise as small investors pile into stocks
NEW YORK (Reuters) - The three biggest U.S. discount brokerage firms said their stock trading volumes jumped in February from a year earlier, an indication that confidence by small investors in the stock market is continuing to gain after being fairly moribund in 2013.
Global regulators to intensify efforts to revive securitization
LONDON (Reuters) - Global regulators will intensify their efforts to revive a securitization market tarnished by the financial crisis and now seen by policymakers as a key source of funds for the economy, the head of an umbrella regulatory group told Reuters.
Tufts University offers financial aid for students' year off
BOSTON (Reuters) - Tufts University will launch a program next autumn to help cash-strapped students take a year off to travel and perform public service before starting their undergraduate classes.
Peter Dolan takes on role heading PE at Makena
NEW YORK, March 14 (Reuters peHUB) - Former Harvard private equity honcho Peter Dolan appears to have found a permanent home.
Focus on emerging franchises powers Morgan Stanley fund
NEW YORK (Reuters) - The manager of one of the best performing large-cap growth stock funds over the past five years is a value investor at heart.
Grab these tax breaks while you still can
NEW YORK, March 14 - As you go to do your taxes this year, it may be the last time you get to take advantage of dozens of tax provisions that expired at the end of 2013.
Summer livin' is easy, but doesn't come cheap anymore
CHICAGO (Reuters) - As a Brooklyn-based architect, James Schaefer works on properties with some very high-end patios - think in the $100,000 range - which, of course, gets him thinking about his own. His own scale is a little lower, about "$25,000 to get a start at it," Schaefer says.
Bond funds worldwide attract $3.5 billion inflow: BofA
NEW YORK (Reuters) - Fund investors worldwide poured $3.5 billion into bond funds in the week ended March 12, reversing the prior week's $1.8 billion in outflows, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
U.S. boosts millionaire ranks, especially ultra-rich
NEW YORK (Reuters) - The richest Americans are increasing their ranks and putting the recession of 2008 and 2009 behind them, according to an annual study by the Chicago-based Spectrem Group.
Singapore's DBS agrees to buy SocGen's Asian private bank: sources
HONG KONG (Reuters) - Singapore's DBS Group Holdings has agreed to buy Societe Generale's (SocGen) Asian private bank for about $250 million, with an announcement expected as early as Monday, sources familiar with the matter told Reuters.
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