Under investor pressure, Goldman to explain trading strategy

Click to View in Browser Thursday, August 31, 2017 Under investor pressure, Goldman to explain trading strategy NEW YORK (Reuters) - Goldman Sachs Group Inc will detail plans to turn around performance at its core bond-trading unit next month after unusual pressure from large investors frustrated by vague explanations of its troubles, people familiar with the matter told Reuters. When should you retire? Consult this checklist of questions CHICAGO (Reuters) - The question sounds simple, but it is tough to answer: At what age should you retire? Muni prices stable amid Texas floods, but investors watch for risks BOSTON/NEW YORK (Reuters) - Longtime municipal finance maven Marilyn Cohen unloaded several million dollars worth of Houston-area utility bonds on Tuesday even though she did not see a high risk to the debt - because a few of her clients were getting nervous. Fund firms with more competition outperform: James Saft (Reuters) - Unpleasant it may be, but investors do better if the mutual funds they hold are managed by companies with an ethos more like that of a viper pit than a kindergarten. China's wealth managers look to profit from risk and capital crackdowns HONG KONG (Reuters) - As regulatory crackdowns in China hit risky investment products and capital outflows, the country's private banks are looking to profit as they target a bigger share of growing wealth in the world's second-largest economy. U.S. stock fund flows improve after 2017's biggest withdrawals: ICI NEW YORK (Reuters) - Withdrawals from U.S.-based stock funds eased after rising to the highest this year earlier this month, Investment Company Institute (ICI) data showed on Wednesday. American Express targets debt-leery consumers with new card features NEW YORK (Reuters) - American Express Co is unveiling a new option that could tempt young, budget-conscious consumers into taking on credit card debt. Cash is king for U.S. fund investors wary of stocks NEW YORK (Reuters) - Investors socked savings away and opted against loading up on U.S. stocks during the latest week, Lipper data for U.S.-based funds showed on Thursday. Risk of sharp currency moves drives investors into hedged ETFs LONDON/NEW YORK (Reuters) - Investors have been piling into currency-hedged equity tracker funds, seeking protection against big moves in foreign exchange rates. Liechtenstein's LGT Bank plays up princely ties to woo Asian clients ZURICH (Reuters) - Liechtenstein's LGT Bank, owned by the mini-state's ruling family, hopes to stand out in Asia's crowded private banking market by touting the clan's own track record of preserving wealth. Related Video Nick Colas on how the jobs report impacts the markets Art Hogan on why the market is in a tug of war Related News U.S. oil set for biggest monthly loss in over a year as floods hit demand U.S. consumer spending rises modestly; inflation retreats Counterparties is a curated snapshot of the best finance news and commentary around the web. 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 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook