 | | | | April 25 (Reuters) - - Amanda Farris got an ATM card from her father when she was about 13. Her dad told her to treat it like cash and taught her how to tap her allowance and the money she made working odd jobs. | | | | | | NEW YORK (Reuters) - Corporate pensions are shifting a chunk of their $1.55 trillion in assets into fixed income, which may be sizeable enough to flatten the yield curve further. | | | | | | BOSTON (Reuters) - Proxy adviser Institutional Shareholder Services on Wednesday recommended investors vote to support a shareholder proposal calling for gunmaker Sturm Ruger & Co to report on gun safety, which could put new attention on so-called "smart gun" technology. | | | | | | ZURICH (Reuters) - Credit Suisse delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland's second-biggest bank in 2016, driven by its wealth management business. | | | | | | HONG KONG/SHANGHAI (Reuters) - Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors. | | | | | | NEW YORK (Reuters) - U.S.-based bond funds attracted new cash in the week ended April 18, marking their ninth consecutive week of inflows, Investment Company Institute data showed on Wednesday, but rising interest rates could derail the momentum. | | | | | | NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Treasuries were "not attractive" even though the 10-year yield <US10YT=RR>, a benchmark for global borrowing costs, crossed the critical 3 percent threshold earlier in the day. | | | | | | DES MOINES, Iowa/NEW YORK (Reuters) - Wells Fargo & Co investors gave strong backing to the bank's directors and executives on Tuesday, indicating they are ready to give its revamped leadership time to rebuild from scandal despite a noisy annual shareholder meeting. | | | | | | (Reuters) - Shares in the biggest U.S. banks, typically buoyed by rising interest rates, dipped Tuesday after the benchmark U.S. Treasury yield topped 3 percent for the first time in four years and some analysts worried about higher interest rates slowing the economy. | | | | | |
