Category : Money

Foreigners sold Asian equities in October on worries over trade, slowing growth

(HeadlineNews) – Foreign investors sold Asian equities heavily in October on concerns over slowing earnings, higher U.S. interest rates and trade tensions between the United...

CI Investments slightly increase SPDR gold holdings in third quarter: filing

NEW YORK (HeadlineNews) – CI Investments Inc [CIXCI.UL] slightly boosted its holdings in the world’s biggest gold-backed exchange-traded fund during the third quarter, a U.S....

U.S. sues UBS, alleges crisis-era mortgage securities fraud

NEW YORK (HeadlineNews) – The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG (UBSG.S), Switzerland’s largest bank, of defrauding investors...

Wells Fargo to combine private bank with ultra-rich client business

FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo...

UBS faces new legal battle in U.S. over mortgage securities

ZURICH (HeadlineNews) – UBS Group AG (UBSG.S), Switzerland’s largest bank, faces a another potentially costly legal battle as the U.S. Department of Justice is preparing...

Securities lending boom sparks concerns on returns and voting

BOSTON (HeadlineNews) – Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30...

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