Money

By Jessica DiNapoli NEW YORK (Reuters) – The U.S.

LONDON (Reuters) – Bank of America will join the Netherlands as a primary dealer in 2021, the Dutch State Treasury Agency said on Friday in its outlook for next year.

LONDON (Reuters) – Morgan Stanley said on Friday that it expects the FTSE 250 index to drop 6% to 10% if Britain fails to agree a trade deal with the European Union before the end of a transition

By Svea Herbst-Bayliss and Gary McWilliams (Reuters) -A new investment firm is taking aim at one of corporate America’s most iconic brands, pressing energy giant Exxon Mobil Corp to overhaul itself by

By David Randall NEW YORK (Reuters) -Loomis Sayles bond fund legend Dan Fuss will no longer manage several portfolios starting next year as he takes a significant step back in his duties, the asset

By Paulina Duran and Byron Kaye SYDNEY (Reuters) – Australia’s Macquarie Group said on Thursday it would buy U.S. wealth manager Waddell & Reed Financial Inc for $1.7 billion, its first major deal

By Julie Zhu and Scott Murdoch HONG KONG (Reuters) – JD Logistics has asked banks to pitch for the lead role in its Hong Kong initial public offering (IPO) of up to $3 billion as it moves towards

TORONTO (Reuters) – Toronto-Dominion Bank reported fourth-quarter profit that beat analysts’ estimates on Thursday, on lower-than-expected provisions for credit losses and as its Canadian retail

By Nichola Saminather and Maiya Keidan TORONTO (Reuters) – Canadian pension funds and insurers are facing a shrinking universe of higher-quality private debt investments to lift returns in a low-yield