BlackRock may keep fees despite executive's U.S. campaign donation: SEC

BlackRock may keep fees despite executive's U.S. campaign donation: SEC

NEW YORK (Reuters) - BlackRock Inc can keep fees from the state of Ohio despite a donation one of its top executives made to Governor John Kasich's U.S. presidential campaign, according to a preliminary ruling late on Friday by a securities regulator.

Chemicals boss Ratcliffe tops Sunday Times Rich List

LONDON (Reuters) - Jim Ratcliffe, the founder and boss of chemical giant Ineos, is the richest man in the United Kingdom, according to the Sunday Times Rich List, first among a record 145 billionaires living in the country.

Sober in Sin City: Hedge funds focus on work at Las Vegas event

LAS VEGAS (Reuters) - A hedge fund industry gathering in Las Vegas this week was far less decadent than those of the past, as big money investors focused less on gambling and champagne-soaked "Sin City" celebrations and more on the grind of vetting fund managers.

Fed to put Wells Fargo remediation plan to public board vote: letter

WASHINGTON (Reuters) - The Federal Reserve board will hold a public vote on whether to lift growth restrictions on scandal-hit Wells Fargo following pressure from Democratic Senator Elizabeth Warren, the Massachusetts lawmaker said on Friday.

Wells Fargo trims expected hit from regulatory cap on assets

BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on the bank's growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations.

Tax cut helping turn U.S. small caps into unlikely source of safety

NEW YORK (Reuters) - The Republican-led corporate tax cut is helping turn the shares of smaller publicly-traded companies in the United States into an unexpected source of stability as the broader stock market wobbles.

Vermont can show Washington the way on senior housing policy

CHICAGO (Reuters) - Hey, Ben Carson - how about a field trip to Vermont?

Bank of America affirms gun pledge, hints at Remington loan exit

WILMINGTON, Del. (Reuters) - Bank of America said on Thursday it was standing by its pledge to stop financing civilian assault weapons and suggested it may be preparing to exit a loan for gun maker Remington Outdoor Corp that sparked criticism of the lender.

Some U.S. fund managers finally convinced oil rally is for real

NEW YORK (Reuters) - U.S. fund managers are barreling into the energy sector by making broad bets on anything connected with oil, finally convinced that gains in crude prices - on track for their fourth consecutive quarterly gain, the longest such stretch for more than 10 years - are more than a mirage.

U.S-based emerging market stock funds post largest outflows since 2016

NEW YORK (Reuters) - U.S. fund investors are wavering on one of their favorite bets of the last year, walloping emerging-market stocks and hunkering down in short-term bonds.

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