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Reuters Money
Dec 05, 2019

Investor to oppose Instructure's plans to sell to Thoma Bravo
Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion,...

Reuters Money
Dec 04, 2019

Top U.S. stockpickers keep low profile
The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to raise...

Reuters Money
Dec 03, 2019

U.S. banking regulators urge 'responsible use' of alternative lending data
U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure "responsible use" of non-traditional sources of financial data to help determine whether a...

Reuters Money
Dec 03, 2019

U.S. consumer watchdog proposes exemptions for banks, credit unions on remittances
The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in...

Reuters Money
Nov 29, 2019

U.S. stock funds see fourth straight week of outflows: Lipper
U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on Friday.

Reuters Money
Nov 27, 2019

Your Money: On #GivingTuesday, companies turbocharge holiday giving efforts
Four years ago, PayPal set out to break the Guinness World Record for the most money raised online for charity in 24 hours.

Reuters Money
Nov 26, 2019

HSBC private banking sees double-digit asset, revenue growth on Asia boost
The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit's chief executive told...

Reuters Money
Nov 26, 2019

Exclusive: Hedge fund Citadel's commodities business up about $1 billion for the year - sources
Citadel's commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world's...

Reuters Money
Nov 26, 2019

Local hero: Florida hotelier Harris Rosen keeps his giving close to home
Harris Rosen has a chain of eight hotels bearing his name in the Orlando area, but he makes most of his headlines these days for giving away his fortune.

Reuters Money
Nov 26, 2019

Morgan Stanley fund offer for PNE too low: shareholders group SdK
Morgan Stanley Infrastructure Partners' offer for PNE which values the German renewable firm at 306 million euros ($337 million) is too low, small shareholders group SdK said on Tuesday.

Reuters Money
Nov 25, 2019

Your Money: Looking For Holiday Buys? Try E-commerce ETFs
First the bad news for your wallet: Americans are slated to spend more than they ever have this holiday season - around $730 billion in November and December, according to the National Retail...

Reuters Money
Nov 21, 2019

U.S. stock funds lose $3.6 billion in week: Lipper
U.S. equity funds saw $3.6 billion in outflows in the week ended on Wednesday, according to data released on Thursday by Lipper.

Reuters Money
Nov 21, 2019

Hedge fund Firefly hits out at Gulfport Energy's plans, demands board seat
Firefly Value Partners on Thursday asked Gulfport Energy for a seat on its board and criticized the "half-measures" which the U.S. gas exploration and production company is taking to improve its...

Reuters Money
Nov 21, 2019

Bacon's Moore Capital to return client capital after 30 years
Louis Moore Bacon, the billionaire hedge fund manager whose macroeconomic bets on currencies, interest rates and other securities earned his Moore Capital Management LP double-digit returns over 30...

Reuters Money
Nov 21, 2019

Louis Bacon's Moore Capital to return outside money: letter
Louis Moore Bacon, the billionaire hedge fund manager known for his prescient macroeconomic bets over more than three decades, plans to return money from outside investors in Moore Capital...

Reuters Money
Nov 21, 2019

Louis Bacon to close New York-based Moore Capital hedge fund: FT
Veteran U.S. money manager Louis Bacon plans to close his New York-based hedge fund Moore Capital Management and return capital to investors, the Financial Times reported...

Reuters Money
Nov 20, 2019

Fund investors continue retreat from U.S. stocks
Investors pulled approximately $3.4 billion out of mutual funds and exchange traded funds that hold U.S. equities last week, extending the largest sustained pullback from the domestic stock market in...

Reuters Money
Nov 20, 2019

Equities back in favor for sovereign investors in third quarter
Sovereign wealth funds regained their appetite for equities in the third quarter, piling into passively managed stocks in the United States and equities in mainland China and elsewhere, according to...

Reuters Money
Nov 19, 2019

Sustainable investors face squeeze as larger firms move in
Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in.

Reuters Money
Nov 19, 2019

Your Money: How to up your bond game with ETFs
Most people's basic knowledge of investing is that their portfolio should be a mix of stocks and bonds.

Reuters Money
Nov 14, 2019

How to make the most of a zero-commission world
How interested are people in trading stocks for free?

Reuters Money
Nov 12, 2019

Rising Medicare prices will shrink Social Security inflation adjustment next year
(The opinions expressed here are those of the author, a columnist for Reuters.)

Reuters Money
Nov 08, 2019

U.S. company directors compensated more than ever, but now risk backlash
The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 years...

Reuters Money
Nov 08, 2019

Billionaires' wealth falls for first time since 2015
The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for...

Reuters Money
Nov 08, 2019

Culture change is the cutting edge of mental health benefits at work
When Hartmut Braune comes to work in security communications at SAP, he never knows what emergency will land in his inbox.

Reuters Money
Nov 08, 2019

Billionaires' wealth falls for the first time in a decade
The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for...

Reuters Money
Nov 07, 2019

Five new life lessons from Charles Schwab
(The writer is a Reuters contributor; the opinions expressed are his own.)

Reuters Money
Nov 06, 2019

Record highs not enough to lure fund investors to U.S. stocks
U.S. investors last week pulled $4.1 billion from mutual funds and exchange-traded funds that hold domestic stocks, extending a pullback from the U.S. equities market that has now lasted for five of...

Reuters Money
Nov 05, 2019

Beyond windmills, Epoch's Van Valen looks for grid improvements
At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous...

Reuters Money
Nov 01, 2019

Starved for income? Hungry investors hunt dividend ETFs
Rock-bottom interest rates may be great for lots of people - but not for savers.

Reuters Money
Oct 31, 2019

Wealth gap among retired Americans worsens despite a growing economy
(The opinions expressed here are those of the author, a columnist for Reuters.)

Reuters Money
Oct 28, 2019

AT&T to add directors, sell up to $10 billion in assets next year
AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two...

Reuters Money
Oct 28, 2019

Ken Fisher says no lay-offs despite withdrawals over his remarks
Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington state investment firm despite some $3 billion in withdrawals by pension funds and others over allegedly sexist...

Reuters Money
Oct 25, 2019

Fisher loses another $584 million from high-profile clients
A Texas retirement system and Goldman Sachs Group Inc pulled a combined $584 million from Fisher Investments on Friday, after allegations that firm founder Ken Fisher made sexist comments at a...

Reuters Money
Oct 25, 2019

Goldman Sachs will drop Fisher Investments unit from fund
Goldman Sachs Group Inc became the latest large investor to drop Fisher Investments after allegedly sexist remarks by firm founder Ken Fisher, according to a regulatory filing on Friday.

Reuters Money
Oct 25, 2019

Despite robot efficiency, human skills still matter at work
Artificial intelligence is approaching critical mass at the office, but humans are still likely to be necessary, according to a new study by executive development firm, Future Workplace, in...

Reuters Money
Oct 24, 2019

After Ken Fisher no-show, LA pension system terminates his firm
The Los Angeles fire and police pension system voted to terminate Fisher Investments on Thursday over allegedly sexist comments made by founder Ken Fisher earlier this month.

Reuters Money
Oct 24, 2019

U.S. stock funds post near $4 billion outflow: Lipper
U.S. equity funds shed $3.98 billion in the week ended Wednesday, according to data released by Lipper on Thursday.

Reuters Money
Oct 24, 2019

Third Point confirms EssilorLuxottica stake, still talking with Sony: letter
Billionaire investor Daniel Loeb said on Thursday his hedge fund owns a $700 million stake in Ray-Ban maker EssilorLuxottica SA and is urging the company to "accelerate leadership transitions".

Reuters Money
Oct 23, 2019

Vinik to shut down hedge fund, says raising cash 'much harder' than expected
Money manager Jeffrey Vinik said on Wednesday he was shutting down his stock-picking hedge fund, citing unexpected difficulties raising cash for the decision to end a much-hyped but short-lived...

Reuters Money
Oct 23, 2019

U.S. money market assets increased in latest week: iMoneyNet
U.S. money market fund assets increased by $18.00 billion to $3.437 trillion in the week ended Oct 22, the Money Fund Report said on Wednesday.

Reuters Money
Oct 23, 2019

Workers in pain: Employers take a new twist to prevent costly injuries
Your job does not have to be physically demanding to literally be a pain in the neck, or knee, or lower back.

Reuters Money
Oct 22, 2019

Top pension consultant NEPC questions sustainability of Fisher Investments
Top pension consultant NEPC said it questions the "sustainability" of Fisher Investments, in a memo sent to NEPC clients and seen by Reuters News on Tuesday.

Reuters Money
Oct 22, 2019

U.S. companies facing worker shortage race to automate
U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters...

Reuters Money
Oct 22, 2019

Top pension consultant NEPC recommends terminating Fisher, pension fund says
Top pension consultant NEPC recently issued a client recommendation to terminate Fisher Investments, the New Hampshire Retirement System said on Tuesday.

Reuters Money
Oct 21, 2019

Fidelity drops Fisher's money management firm as withdrawals accelerate
Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the firm over allegedly sexist...

Reuters Money
Oct 20, 2019

China unexpectedly keeps LPR lending benchmark unchanged, but outlook for rates down
China on Monday unexpectedly kept unchanged its new benchmark lending rate, suggesting Beijing is keen to avoid overly loosening monetary policy for fear it may push up already-high debt levels...

Reuters Money
Oct 20, 2019

China more than doubles Sept approval for fixed-asset investment projects
China's state planner in September more than doubled its approval for fixed-asset investment projects, as Beijing looks to step up support for an economy expanding at the slowest pace in nearly three...

Reuters Money
Oct 20, 2019

Many firms in China's third-biggest province struggling to pay debt - S&P
Many privately held firms in Shandong, China's third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees...

Reuters Money
Oct 20, 2019

China unexpectedly keeps LPR lending benchmark unchanged in Oct
China on Monday unexpectedly kept unchanged its new benchmark lending rate, for the first time since its debut in August, suggesting Beijing is keen to avoid overly loosening monetary policy for fear...

Reuters Money
Oct 18, 2019

Fallout from money manager Kenneth Fisher's remarks tops $1 billion in lost assets
Fallout from Kenneth Fisher's alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in...

Reuters Money
Oct 18, 2019

Iowa pension ends $386 million money management contract with Kenneth Fisher
A $34 billion Iowa pension plan on Friday said it will terminate an investment contract with Kenneth Fisher, whose alleged insensitive remarks about women has cost his firm more than $1 billion in...

Reuters Money
Oct 18, 2019

SEI Investments reviewing relationship with money manager Kenneth Fisher
SEI Investments Co on Friday said it is reviewing its business relationship with the firm of money manager Kenneth Fisher, after he allegedly made insensitive remarks about women at a recent...

Reuters Money
Oct 17, 2019

AT&T, Elliott in talks after activist campaign launched: sources
AT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar...

Reuters Money
Oct 17, 2019

Goldman wants traders to be more like dealmakers and coders
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they...

Reuters Money
Oct 17, 2019

Your Money: U.S. teachers take hands-on approach to financial literacy
There are a lot of hard truths about money, but here is one of the hardest: We are really bad at passing along money smarts.

Reuters Money
Oct 17, 2019

U.S. stock funds see first weekly inflow in a month
U.S. equity funds attracted $4 billion in the week ended Wednesday, the first inflow in four weeks, according to data release by Lipper.

Reuters Money
Oct 17, 2019

Members of Los Angeles pension board ready to drop money manager Ken Fisher
Commissioners of a $23 billion Los Angeles fire and police pension fund are ready to drop the firm of money manager Kenneth Fisher, who is under fire for allegedly making insensitive remarks about...

Reuters Money
Oct 17, 2019

U.S. boutique banks woo French bankers in Paris advisory push: sources
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms,...

Reuters Money
Oct 17, 2019

In trading revamp, Goldman's message to staff: be like dealmakers
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are...

Reuters Money
Oct 16, 2019

Boston pension votes to fire money manager Fisher, withdrawals surge toward $1 billion
The City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion in assets after allegations he...

Reuters Money
Oct 16, 2019

Boston pension board ousts money manager Fisher, total withdrawls near $1 billion
The City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion in assets after allegations he...

Reuters Money
Oct 16, 2019

Boston Mayor asks pension to end relationship with Fisher Investments
Boston Mayor Marty Walsh on Wednesday said he has asked the city's retirement board to end its relationship with money manager Kenneth Fisher, who is under fire for comments he made at a recent...

Reuters Money
Oct 16, 2019

Your Money: Charitable granting soars even as tax changes transform giving
Despite tax reforms that changed an important incentive for giving to charities last year, Americans are still giving away record amounts - just from funds they had put aside for donations in...

Reuters Money
Oct 15, 2019

Fidelity criticizes money manager Fisher, who loses Philadelphia as client
Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher while Philadelphia's board of pensions terminated its business with his firm after he allegedly...

Reuters Money
Oct 15, 2019

Buffett's Berkshire seeks Fed leeway to boost BofA bet: Fed
Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by...

Reuters Money
Oct 15, 2019

Buffett's Berkshire seeks Fed leeway to boost BofA bet: Bloomberg
Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, Bloomberg reported on Tuesday.

Reuters Money
Oct 15, 2019

Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup
Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth...

Reuters Money
Oct 11, 2019

Italy's Del Vecchio calls on Mediobanca to grow through M&A
Mediobanca's third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank's strategy.

Reuters Money
Oct 11, 2019

Wall Street Week Ahead: Bruised U.S. banks expected to report third quarter earnings decline
The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector's...

Reuters Money
Oct 11, 2019

Brexit extension, election still most likely, says UBS
UBS Wealth Management said on Friday it still expects the UK government to ask for an extension to the deadline for exiting the European Union and to hold a general election, though it acknowledged...

Reuters Money
Oct 11, 2019

Elliott ranks as busiest activist hedge fund in third quarter, again
Elliott Management, Paul Singer's $35 billion hedge fund, kept up its blistering pace of pushing for corporate changes during the third quarter, outspending all rivals with campaigns at AT&T and...

Reuters Money
Oct 10, 2019

Fidelity follows rivals in cutting online trading commissions to zero
Fidelity Investments on Thursday eliminated commissions on online trades of U.S. stocks, exchange traded funds (ETFs) and options, becoming the latest brokerage to cut trading fees to compete with...

Reuters Money
Oct 10, 2019

Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumes
Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees...

Reuters Money
Oct 09, 2019

Yields rise on heavy supply at auction and trade hopes
U.S. Treasury yields rose on Wednesday, a day that saw a flood of supply and on optimism for progress in U.S.-China trade negotiations that begin in Washington on Thursday.

Reuters Money
Oct 09, 2019

Fund investors dump U.S. stocks as recession worries mount
Investors retreated from the U.S. stock market by unloading nearly $11.8 billion from mutual funds and exchange traded funds that hold domestic equities last week, as concerns about the strength of...

Reuters Money
Oct 09, 2019

Exxon names BAML to run Malaysia asset sales: sources
Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program, banking and industry sources...

Reuters Money
Oct 08, 2019

Consulting firm Sionic hires Monahan to run asset servicing unit
NEW YORK (Reuters) - Sionic has hired James Monahan from Morgan Stanley to run the consulting firm's new global asset servicing team, according to a...

Reuters Money
Oct 08, 2019

Swiss banks see growth shifting to EU if no treaty is struck
Swiss banks will have to shift more operations to the European Union if Switzerland fails to secure a treaty with the trading bloc, Geneva private bankers said on Tuesday.

Reuters Money
Oct 08, 2019

Asset manager Schroders appoints Marc Brookman as CEO of North America division
British asset manager Schroders Plc on Tuesday appointed Marc Brookman as chief executive officer of its North America division.

Reuters Money
Oct 07, 2019

Germany's Aareal conducts strategic review following calls from investor
German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon.

Reuters Money
Oct 07, 2019

Schroders, Lloyds wealth venture appoints former IG Group boss as CEO
Schroders Personal Wealth (SPW), a joint venture between Schroders and Lloyds Banking Group, said on Monday it has appointed former IG Group executive Peter Hetherington as chief executive officer.

Reuters Money
Oct 04, 2019

KKR seeks $1.5 billion for third special situations fund: sources
U.S. private equity firm KKR & Co Inc is seeking to raise $1.5 billion for its third special situations fund, people familiar with the matter said on Friday.

Reuters Money
Oct 03, 2019

Your Money: U.S. tax reform further complicates federal student aid form
U.S. tax reform is finally catching up with the college financial aid process, and the synchronization is off to a rocky start.

Reuters Money
Oct 03, 2019

U.S. stock funds post second straight weekly outflow
U.S. equity funds saw $7.9 billion in outflows in the last week, the second consecutive weekly drawdown, as bond and money market funds drew money, according to data released by Lipper on Thursday.

Reuters Money
Oct 03, 2019

Banker defections pose challenge for Credit Suisse's Thiam
The announcement by Julius Baer this week that it had hired five senior bankers from Credit Suisse underscores the challenge facing Chief Executive Tidjane Thiam as he seeks to reassure staff and...

Reuters Money
Oct 03, 2019

At Harvard B-School, lessons for impact investors
Harvard Business School is known for guiding the next generation of financial leaders through compelling case studies in management, innovation and global intelligence. Now the curriculum includes...

Reuters Money
Oct 02, 2019

Exclusive: Morgan Stanley, Goldman Sachs poised to lead Airbnb's listing - sources
Short-term home rental company Airbnb Inc is set to hire Morgan Stanley and Goldman Sachs Group Inc as joint lead advisers on its planned stock market flotation next year, people familiar with the...

Reuters Money
Oct 02, 2019

Investors retreat from U.S. stock funds amid impeachment inquiry
Investors pulled nearly $14 billion out of mutual fund and exchange-traded funds that hold U.S. stocks last week, ending what had been the largest surge into domestic stock funds since December 2016,...

Reuters Money
Oct 02, 2019

Brexit: Deutsche Bank still sees 50% chance of no-deal by year-end
Deutsche Bank said on Wednesday it still sees a 50% chance that Britain will leave the European Union without a deal by the end of the year following a general election, but said there's a 20% chance...

Reuters Money
Oct 01, 2019

Credit Suisse clears its CEO in spying scandal that rocked Swiss banking
Credit Suisse cleared its CEO on Tuesday of snooping on a star wealth manager in an episode that saw suicide, scandal and espionage invade the secretive world of Swiss private banking.

Reuters Money
Oct 01, 2019

Credit Suisse clears Thiam over spying scandal, as right-hand man resigns
Credit Suisse cleared CEO Tidjane Thiam of ordering a surveillance of former wealth management head Iqbal Khan, but said his right-hand man has resigned over the botched spying case that severely...

Reuters Money
Oct 01, 2019

Credit Suisse clears CEO Thiam of spying on star banker
Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam of ordering the botched surveillance of the bank's former wealth management head Iqbal Khan, but said its chief operating officer had...

Reuters Money
Sep 30, 2019

Banks win dismissal of U.S. lawsuit alleging rigged Mexico bond sales
A U.S. judge on Monday dismissed a proposed class action lawsuit against several large banks for allegedly rigging the market for Mexican government bonds, according to a court filing.

Reuters Money
Sep 30, 2019

Fed's $200 billion effort holds down repo rate at quarter-end
An extra $200 billion in cash available to the U.S. banking system on Monday thanks to injections by the Federal Reserve kept a lid on short-term borrowing costs at end of the third quarter,...

Reuters Money
Sep 30, 2019

U.S. repo rate spikes at quarter-end
The interest rate on U.S. overnight repurchase agreements jumped on Monday as banks and Wall Street are scrambling to fund their loans and trades at the end of the third quarter and before the...

Reuters Money
Sep 30, 2019

Swiss wealth management group Julius Baer appoints market heads
Julius Baer said on Monday Patrick Prinz and Ettore Bonsignore will be joining the Swiss wealth management group as market heads, effective Oct. 1.

Reuters Money
Sep 27, 2019

Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson - sources
Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential split-up of the U.S. industrial conglomerate, people familiar with the...

Reuters Money
Sep 27, 2019

Precious metals net second biggest weekly inflows on record: BAML
Precious metals enjoyed their second biggest inflows in the week to Wednesday, Bank of America Merrill Lynch said on Friday, as festering trade tensions and global growth woes triggered a rush for...

Reuters Money
Sep 27, 2019

Australia's AMP under pressure as pension clients exit
Australia's AMP Ltd has lost at least one major pension contract while other companies are reviewing their relationship with the wealth manager, which has struggled to stem a client exodus following...

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