Bhinneka News Online: Column: To the year-end checklist, add mandatory retirement withdrawals

Thursday, 30 November 2017

Column: To the year-end checklist, add mandatory retirement withdrawals

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Thursday, November 30, 2017

Column: To the year-end checklist, add mandatory retirement withdrawals

CHICAGO (Reuters) - Nothing good lasts forever, and so it is with tax-deferred retirement saving - that is, the deferred part.

Lawsuit questions conduct of Madoff victims' lawyer

NEW YORK (Reuters) - A new lawsuit accuses a lawyer representing hundreds of victims defrauded by Bernard Madoff of cheating her own clients through overbilling, discouraging settlements and having conflicts of interest.

Folger Hill raises fresh cash for burgeoning Asia investment unit

BOSTON (Reuters) - A budding business in Asia is helping revive the fortunes of U.S. hedge fund executive Sol Kumin.

U.S. bond funds attract $6.16 billion in week ended Nov. 21: ICI

NEW YORK (Reuters) - U.S. fund investors pumped billions into bond funds for a 51st straight week, the Investment Company Institute (ICI) said on Wednesday, underscoring the seemingly insatiable appetite for yield.

Weatherbys Private Bank names associate director

(Reuters) - Weatherbys Private Bank appointed Henry Taylor as an associate director.

VAM Funds names Robert Gordon director of two funds

(Reuters) - Luxembourg-based fund management company VAM Funds appointed Robert Gordon as a director of VAM Funds and VAM Managed Funds.

Citi Private Bank appoints Andrew Keating as UK Private Banker

(Reuters) - Citi Private Bank (CPB), a unit of Citigroup Inc that caters to wealthy individuals and families, appointed Andrew Keating as UK Private Banker.

Exotix Capital appoints Basni Jashapara to senior role

(Reuters) - Emerging markets-focused investment bank Exotix Capital named Basni Jashapara as its new head of EMEA sales for research, analytics and data.

Illinois' $750 million bonds won by BofA with still hefty yields

CHICAGO (Reuters) - Bank of America Merrill Lynch won $750 million of Illinois bonds in competitive bidding on Wednesday as the state faced a lingering market penalty for its fiscal and political woes.

SEC looking at fixed-income markets with 'greater focus': Clayton

NEW YORK (Reuters) - U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday that the SEC had formed a group to examine fixed-income markets with the goal of protecting retail investors.