Tuesday 31 July 2018

CEO confirms Credit Suisse seeking Saudi banking license

Reuters.com Newsletter

CEO confirms Credit Suisse seeking Saudi banking license

Credit Suisse Chief Executive Tidjane Thiam personally traveled to Saudi Arabia to apply for a banking license, he said on Tuesday, confirming Reuters information the Swiss bank is seeking a full banking license in the Middle East's biggest economy.

Alexa von Tobel's calling? Teaching money life lessons

When you are known for starting a personal finance company, people expect you to have your own financial house in order. But that was not always the case for Alexa von Tobel, founder of LearnVest.com.

The Beat Goes On: Life Lessons with music producer Andre Harrell

In any history of hip-hop, one name keeps popping up over and over again: Andre Harrell.

BlackRock's Rieder halved fund's emerging market exposure

Top BlackRock Inc bond investor Rick Rieder halved exposure in recent months to a once-major bet in his portfolios on emerging markets on concerns including that the dollar could move higher, he told Reuters on Friday.

Loan market shrugs off prison financing protests

NEW YORK (LPC) - The U.S. leveraged loan market appeared to shrug off protests at the center of a national immigration debate that saw illegal immigrants separated from their children as advocates take aim at banks financing companies that run detention centers. 

Ohio workers' pension fund woes are symbolic of national problem

Roberta Dell has worked for 46 years making lollipops, and she loves her job. But she worries that retirement may not be as sweet as the Dum Dum lollipops she bags.

U.S. regulator stands by decision to block Winklevoss bitcoin ETF

The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation.

U.S. domestic stock funds report more demand than peers abroad: Lipper

Investors in U.S. funds traded international equities for domestic stocks during the latest week as earnings beat expectations while trade tensions simmered, Lipper data showed on Thursday.

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