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Friday, 8 September 2017

Column: Report card on aging nations gives U.S. mixed grades

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Friday, September 8, 2017
Column: Report card on aging nations gives U.S. mixed grades
CHICAGO (Reuters) - Which nations are doing the best job adapting to their aging populations?
U.S. banks move to broaden reach of Zelle instant payments app
NEW YORK (Reuters) - A consortium of U.S. banks is taking another step next week to attract a critical mass of users to their Zelle network, a rival to PayPal's Venmo for handling instant payments between individuals with smartphones.
UK wealth manager Rathbone says online allegations are baseless
(Reuters) - Rathbone Brothers, the wealth manager that this month ended its pursuit of rival Smith & Williamson, said its share price fall on Friday had coincided with anonymous allegations made in an online discussion forum.
Tilney names two new financial planners
(Reuters) - British investment management firm Tilney Group has appointed Tyrone Samsonroy and Ben Gibson as financial planners at its London office.
Robeco names Maureen Beshar as head of its U.S. business
(Reuters) - Netherlands-based Robeco Institutional Asset Management B.V. said it appointed Maureen Beshar as head of its United States business, effective immediately.
Investors pull $1.1 billion from stock funds, add $6.8 billion in money funds: Lipper
NEW YORK (Reuters) - Risk aversion was on display this week given geopolitical concerns and uncertainty over North Korea as investors in U.S.-based funds pulled $1.1 billion out of stock funds in the week ended Sept. 6, and moved money into "safe haven" money-market and gold funds, data from Thomson Reuters' Lipper service showed on Thursday.
Up to 70 Swiss private banks fighting for survival: KPMG
ZURICH (Reuters) - Some 60 to 70 Swiss private banks are facing serious problems that could force them to close down or sell up, according to a study published on Thursday by consultancy KPMG.
Investors defend hedge funds amid rush to passive and private strategies
(Reuters) - Some big money investors are warning that the rush to cheap stock bets and private asset strategies at the expense of hedge funds may prove costly.
U.S. firm backing ether-based ETF says to refile listing application
NEW YORK (Reuters) - The U.S. firm behind an effort to start an exchange-traded fund based on the cryptocurrency ether said on Thursday it planned to refile an application to list the security on Intercontinental Exchange Inc's NYSE Arca exchange after an initial filing was withdrawn.
FINRA reverses policy on Brokercheck information, allows access to bulk data
NEW YORK (Reuters) - The head of the Financial Industry Regulatory Authority told a congressional committee on Thursday that FINRA overhauled its policy on allowing public access to information it has on brokers' professional and financial records and will allow the public to download the information in bulk.
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