NEW YORK, May 20- Citigroup Inc Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday, as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue other opportunities, according to an internal memo.» Read More
SAN FRANCISCO, Feb 20- Hedge fund manager David Einhorn, who is battling Apple Inc in court as part of a wider effort to get iPhone-maker to share more of its cash pile, will now make a direct appeal to the company's shareholders.
SYDNEY, Feb 21- The U.S. dollar held firm on Thursday, having enjoyed its biggest one-day gain in seven months against a currency basket as commodities and U.S. equities slid on rumours of a hedge fund in trouble.
*U.S. to sell $9 billion 30- year TIPS Thursday. NEW YORK, Feb 20- U.S. Generally, these are more hawkish than the market had expected and show a waning commitment to the QE program, "said David Keeble, global head of interest rate strategy in Credit Agricole Corporate& Investment Bank in New York.
*Talk of hedge fund liquidation hits markets. NEW YORK, Feb 20- Gold tumbled 2.5 percent on Wednesday to its lowest price since July after minutes of the Federal Reserve's meeting last month showed the U.S. central bank may have to slow or stop buying assets before a pick-up in the job market.
Feb 20- Herbalife Ltd said it will more clearly identify different types of customers, responding to criticism from investors including hedge fund manager William Ackman, and added it has held "short" discussions with billionaire investor Carl Icahn.
NEW YORK, Feb 20- Gold tumbled nearly 3 percent on Wednesday to its lowest since July after minutes of the Federal Reserve's meeting last month showed it may have to slow or stop buying assets before a pick-up in the job market.
NEW YORK, Feb 20- U.S. Generally, these are more hawkish than the market had expected and show a waning commitment to the QE program, "said David Keeble, global head of interest rate strategy in Credit Agricole Corporate& Investment Bank in New York.
Feb 20- Overseers of government worker pension funds pressed JPMorgan Chase& Co to strip Chief Executive Jamie Dimon of his additional title of chairman after the London Whale fiasco, renewing a proxy battle the bank won only narrowly last year.
Fed meeting minutes at 1900 GMT. NEW YORK, Feb 20- Gold fell below $1,600 an ounce to a seven-month low on Wednesday, as rumors of a troubled hedge fund forced to liquidate positions triggered a selloff of commodities.
LONDON/ NEW YORK, Feb 20- Commodities tumbled on Wednesday after talk of a hedge fund in trouble and worries over global supply and demand prompted widespread selling in metals and oil. In oil, U.S. crude shed more than $2 a barrel. "
*Return on equity seen topping Brazil's average. *Profit beats poll estimates on asset management.
NEW YORK, Feb 20- David Einhorn, hedge fund manager and chairman of reinsurer Greenlight Capital Re Ltd, said Wednesday that the U.S. government's lawsuit against Standard& Poor's has made rating agencies vulnerable.
NEW YORK, Feb 19- David Einhorn's hedge fund has shown a "likelihood of success" if his legal attack against Apple Inc goes forward, a U.S. judge said, though he made no immediate ruling on fund's request to block a shareholder vote on a proxy proposal next week.
The move affects about $5 million in investments in Smith& Wesson Holding Corp and Sturm, Ruger& Co at the $254 billion California Public Employees' Retirement System, best known at Calpers.
NEW YORK, Feb 19- A U.S. judge said David Einhorn's hedge fund had shown a "likelihood of success" if his legal attack against Apple Inc goes forward, though he made no immediate ruling on whether to block next week's shareholder vote on a proxy proposal.
Feb 19- Gleacher& Co, which lost $78 million last year, gave its chief executive officer a cash bonus of $750,000 for his 2012 performance, the New York investment bank said in a U.S. regulatory filing.
Andrew Economos, MD & Head of Sovereign & Institutional Strategy Asia, JP Morgan Asset Management explains why he expects another 5 to 10% yield in equity markets for the first half of this year.
WASHINGTON, Feb 17- Thousands of protesters gathered on the Washington's National Mall on Sunday calling on U.S. Among the celebrities on hand were actresses Rosario Dawson and Evangeline Lilly, and hedge fund manager and environmentalist Tom Steyer.
While Fidelity's assets under management rose 10 percent to $1.67 trillion, Vanguard's assets surged to $2 trillion, a 20 percent increase over 2011. Assets under management at BlackRock Inc, the world's largest money manager, rose 8 percent to nearly $3.8 trillion in 2012..
LONDON, Feb 15- European shares nudged lower on Friday, held back by weak utilities and banks, though strategists reckoned that any dips in the equity markets should be seen as a buying opportunity.