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Massachusetts regulator opens pension probe against MetLife

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The top securities regulator in Massachusetts on Monday said he has opened an investigation of MetLife Inc after the insurer revealed last week it had failed to pay pensions to...

Dec 18

U.S. taxpayers rush to claim deductions under threat from tax bill

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Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax...

Dec 18

An update on winners and losers on the U.S. tax scorecard

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In the lead-up to the conference agreement for the U.S. Tax Cut & Jobs Act released on Friday, there were too many moving parts for most Americans to know how it would affect...

Dec 18

As California fires blaze, homeowners fear losing insurance

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California homeowners and regulators have a new fear about wildfires ravaging the state: that insurers will drop coverage.

Dec 18

Ethical investors tightening screws on emerging-market debt issuers

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For years, the Brazilian mining conglomerate Vale was a darling of emerging market investors, who were happy to ignore the company's poor record on environmental and social issues...

Dec 18

Amundi to absorb MiFID research costs

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French asset manager Amundi no longer plans to ask clients to pick up the bill for external investment research when new European Union rules come into force in January, a spokesman said...

Dec 18

Exclusive: Guggenheim Partners working to quell investor concern about management

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Top executives at asset manager and investment bank Guggenheim Partners LLC are working to quell clients' concerns about the fate of their chief executive officer and about an...

Dec 14

'Tiger Cub' Griffin shuts his Blue Ridge hedge fund after 21 years

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John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry...

Dec 15

Votorantim Energia, Canada pension board form JV to invest in power

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Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in...

Dec 15

Do not expect postcard-sized tax return from Republican plan: experts

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Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are...

Dec 14