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Current feed - Reuters: Wealth

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,...

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...

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...

TedsWoodworking Plans and Projects
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...

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.

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.

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...

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...

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.

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.

 

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