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  • Northern Trust says received subpoena from SEC Tuesday, 29 Apr 2014 | 4:56 AM ET

    April 29- Asset management company Northern Trust Corp said it received a subpoena from the U.S. Securities and Exchange Commission seeking documents related to the company's securities-lending activities. Northern Trust said it received the subpoena in April, without giving further details about the investigation.

  • April 28- Chad Leat, a retired Citigroup Inc executive who helped finance some of the world's largest leveraged buyouts, is now working as a consultant for former client Apollo Global Management LLC, people familiar with the matter said.

  • April 28- Financial services company Ameriprise Financial Inc reported a 19 percent rise in first-quarter profit, driven by strong income from its wealth management business and said it would buy back an additional $2.5 billion in stock.

  • April 25- JPMorgan Chase& Co's global chairman of investment banking and veteran deal maker James Elliott will retire in June, according to an internal memo seen by Reuters.

  • NEW YORK, April 25- Wary of brokers who make their money by "riding the calendar" of new stock and bond issues rather than patiently building the firm's wealth management business, Morgan Stanley is cracking down where it hurts the most: compensation.

  • LONDON, April 25- Usually prolific borrowers on global markets, Russian companies are finding their funding lifeblood cut off by banks and asset managers who fear their investments will get caught up in the standoff between Moscow and the West.

  • LONDON, April 25- The value of worldwide mergers and acquisitions announced so far this year has topped $1 trillion, only the third time deal values have surpassed this mark since records began in 1980, weekly Thomson Reuters data showed on Friday.

  • April 24- Wall Street's self-funded regulator said brokerage firms would have to conduct their own background checks on new recruits after critics pointed to gaps in disclosures by some brokers with checkered histories.

  • NEW YORK, April 24- Dollar Tree Inc and Dillard's Inc have agreed to boost oversight to ensure worker safety at their suppliers' factories, and as a result the overseer of New York state's public pension fund said he has withdrawn shareholder proposals on the issue.

  • April 24- Wall Street's self-funded regulator said brokerage firms would have to conduct their own background checks on new recruits after critics pointed to gaps in disclosures by some brokers with checkered histories.

  • Russian banks move funds home as sanctions threat looms Thursday, 24 Apr 2014 | 12:03 PM ET

    MOSCOW, April 24- Russia's third biggest bank moved almost $7 billion to the central bank as tension over Ukraine rose in March and joined others in slashing its deposits in foreign banks where they could be frozen if more international sanctions are imposed.

  • Goldman buys Westpeak in drive for 'smart beta' assets Tuesday, 22 Apr 2014 | 5:15 PM ET

    NEW YORK, April 22- Goldman Sachs Group Inc's asset-management business has agreed to buy Westpeak Global Advisors, a firm that aims to beat market indexes by using factors other than company size to pick stock investments.

  • UPDATE 2-Ares' IPO likely to raise up to $419 million Tuesday, 22 Apr 2014 | 10:37 AM ET

    April 22- Investment firm Ares Management LP said on Tuesday its initial public offering is expected to raise up to $419 million and that its chief executive and co-founder Anthony Ressler received $138.6 million in pay and dividends in 2013..

  • April 22- Credit investment and private equity firm Ares Management LP said its initial public offering is expected to raise up to $419 million. The offering of 18.2 million common units is expected to be priced between $21 and $23 per unit, the company said in a filing with the U.S. Securities and Exchange Commission on Tuesday.

  • *Asset size of GPIF larger than economy of Mexico. TOKYO, April 22- Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.

  • Japan overhauls its massive public pension fund Monday, 21 Apr 2014 | 11:36 AM ET
    Japanese Prime Minister, Shinzo Abe.

    Japan overhauled the world's biggest public pension fund in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.

  • TOKYO, April 22- Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.

  • LONDON/ NEW YORK, April 21- Barclays is planning to withdraw from large parts of the metals, agricultural and energy markets as part of a restructuring of its investment bank, a person familiar with the matter said.

  • As China Securities Regulatory Commission orders underwriters to update application materials once again, there have been no new China listing applications published for the past eight weeks.

  • BEIJING, April 21- A unit of one of China's biggest bad-debt banks plans to woo foreign investors with a $1 billion fund for soured property loans and distressed real-estate assets, reopening the sector to outsiders after a failed attempt last decade.