*Morgan Stanley tops league table and highest fee earner. On the bright side, according to investment bankers interviewed by Reuters, the 2013 Asia acquisition arena was characterized by larger deals and a 13 percent rise in average fees earned per completed deal, according to Thomson Reuters calculations.» Read More
TOKYO, July 31- Mitsubishi UFJ Financial Group Inc, Japan's top lender by assets, and No. 2 Mizuho Financial Group Inc said their quarterly net profits had risen by more than a third, driven by a rally in Japanese stocks that pushed up the value of their equity portfolios.
BOSTON/ NEW YORK, July 30- Herbalife's surging stock price may be causing hedge fund manager William Ackman gastrointestinal pain now that he is nursing $300 million in losses due to his billion dollar bet that the nutrition and supplement maker's shares would fall.
July 30- A securities analyst accused of leaking secret information in 2009 about a potential partnership between Yahoo and Microsoft to an SAC Capital Advisors hedge fund manager and other traders was arrested and charged in California, prosecutors said on Tuesday.
NEW YORK, July 29- Prices of U.S. Bank Wealth Management in Kansas, Missouri, said the market would likely trade "in a pretty tight range" unless Friday's employment report "is incredibly weak" and persuades market participants that the Fed won't begin to cut back on its bond purchases until December. "
July 26- A former hedge fund manager pleaded guilty on Friday to defrauding investors in a $12.6 million scheme, more than five years after the fund collapsed under the weight of failed real estate loans.
NEW YORK, July 26- Hedge funds took huge positive bets on U.S. crude oil this week just before the market turned south but they had better luck going long on gold as the precious metal rallied, trade data and price charts showed on Friday.
NEW YORK, July 26- JP Morgan Chase& Co is exiting physical commodities trading, the bank said in a surprise statement on Friday, as Wall Street's role in the trading of oil tankers, coffee beans and metals comes under intense political and regulatory pressure.
*Q2 dividend 42 cents per share vs 13 cents per share last year. NEW YORK, July 26- KKR& Co LP said on Friday that its second-quarter earnings declined by 74 percent as a lower appreciation in its private equity funds overshadowed a quadrupling in the cash it received from the profits its funds generated.
July 25- Bloomberg LP is canceling its new wealth management service, BloombergBlack, before it hits the market. For $100 a month, the service was expected to cater to individuals looking to track their investment portfolios- including mutual fund holdings, 401 K retirement plans and college savings plans. Thomson Reuters is a competitor of Bloomberg LP.
NEW YORK, July 25- Federal prosecutors came down hard on billionaire hedge fund manager Steven A. Cohen on Thursday, unveiling criminal fraud charges against his SAC Capital Advisors LP that could put an end to his investment career. Cohen, 57, was not personally charged in either the criminal case or the civil case filed in U.S. District Court in New York.
NEW YORK, July 25- Federal prosecutors on Thursday unveiled criminal fraud charges against billionaire Steven A. Cohen's SAC Capital Advisors LP, capping a nearly seven-year probe into one of Wall Street's most renowned firms. The indictment accused SAC and various affiliates of four counts of securities fraud and one count of wire fraud.
*China stocks fall despite Beijing's economic reforms. NEW YORK, July 25- Wall Street was headed for a lower open on Thursday, setting up the S&P 500 index for a third day of declines, as mixed earnings and concerns about China's economic slowdown weighed on investor sentiment. Results from General Motors and Dow Chemical were generally positive on Thursday.
July 25- Legg Mason Inc Chief Executive Joseph Sullivan said the Baltimore asset manager has sold its Private Capital Management equity investment unit to its management team.
*Asia gold funds see quarterly inflows vs $18 bln outflows in western peers. *Paper gold catching up in Asia, where physical metal rules. *India's SBI gold ETF, Japan's Nomura futures fund see qtrly inflows.
*Caterpillar, AT&T hit Dow, Boeing falls after lifetime high. *Facebook, Baidu fly in after-hours trading on results. Caterpillar and AT&T dragged on the Dow following weak results.
July 24- T. Rowe Price Group reported an $8 billion net outflow of investor cash as part of second-quarter results that missed Wall Street expectations, and the asset manager's shares fell on Wednesday.
July 24- Asset manager T. Rowe Price Group said its second-quarter profit rose 20 percent but reported a net outflow of investor cash, sending its stock down 6 percent in premarket trading.
July 24- Asset manager T. Rowe Price Group said its second-quarter profit rose 20 percent but reported a net outflow of investor cash. For the three months ended June 30, T. Rowe Price of Baltimore on Wednesday reported net income of $247.8 million, or 92 cents per share, up from $206.8 million, or 79 cents per share, a year earlier.
*Revival of factory activity in Europe boosts sentiment. *EasyJet guidance boosts airline shares. But John Clarke, chief investment officer at GHC Capital Markets, said investors should not be getting too far ahead of themselves.
July 23- Jon Corzine and two of his top executives at defunct commodities brokerage MF Global sought Monday to have dismissed a lawsuit accusing them of hastening the firm's 2011 collapse.