J.P. Morgan found hackers through breach of corporate event website: media (Sat, 01 Nov 2014 02:56:21 GMT)
(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors,...
Stock funds worldwide attract $20.4 billion inflows in latest week: BofA (Fri, 31 Oct 2014 18:34:51 GMT)
NEW YORK (Reuters) - Investors worldwide poured $20.4 billion into stock funds in the week ended Oct. 29, the largest in more than a year, data from a Bank of America Merrill Lynch Global Research...
U.S. governmental accounting board takes on tax abatement programs (Fri, 31 Oct 2014 17:48:23 GMT)
WASHINGTON (Reuters) - U.S. state and local governments would have to disclose how much revenue they stand to lose through tax breaks for economic development projects under requirements the...
Hermes to close commodities business, joins flight from sector (Fri, 31 Oct 2014 17:37:51 GMT)
LONDON (Reuters) - Hermes Investment Management on Friday joined an exodus of financial institutions from commodities, saying it planned to close its business in the sector due to difficulties in...
Paulson & Co. PFR Gold Fund up 11 percent through September (Fri, 31 Oct 2014 16:46:12 GMT)
NEW YORK (Reuters) - Hedge-fund manager John Paulson's $400 million PFR Gold Fund was up 11 percent year-to-date through the end of September, according to a person familiar with Paulson's firm.
How to donate to help fight Ebola (Fri, 31 Oct 2014 15:16:08 GMT)
(Reuters) - Many charities are immersed in the fight to control the Ebola epidemic, but so far the donors have not come forward en masse - although scams already are emerging.
Hedge-fund tactics win fans in volatile market (Fri, 31 Oct 2014 15:15:23 GMT)
LONDON/PARIS (Reuters) - Global money managers are turning to complex hedge-fund equity strategies as volatility surges, putting faith in their ability to profit from the kind of stock-price swings...
How financial advisers can compete with algorithms (Fri, 31 Oct 2014 12:36:08 GMT)
(Reuters) - In the last two weeks, both Charles Schwab Corp and Fidelity Investments unveiled so-called "robo" advice programs that offer free or very cheap algorithm-driven portfolio management to...
Trial of former UBS executive dredges up Swiss banks' shady past (Fri, 31 Oct 2014 12:10:44 GMT)
By Francisco Alvarado, Zachary Fagenson and Joshua Franklin
US-based stock funds attract $8.8 billion over week, all in ETFs (Thu, 30 Oct 2014 23:04:09 GMT)
NEW YORK (Reuters) - Investors in U.S.-based funds added a net $8.8 billion to stock funds in the week ended Oct. 29, the largest amount since the week ended Aug. 20, data from Thomson Reuters'...
More investor activism expected, but returns likely lower - survey (Thu, 30 Oct 2014 23:02:32 GMT)
BOSTON (Reuters) - Activist investment campaigns such as the ones conducted by Carl Icahn, William Ackman and Daniel Loeb are expected to pick up in the next one to two years but returns at activist...
California plan seeks replacement to a Pimco unconstrained fund (Thu, 30 Oct 2014 22:28:54 GMT)
NEW YORK (Reuters) - The $2.3 billion Sonoma County Employees' Retirement Association is conducting a replacement search for Pimco's unconstrained fixed-income fund, senior investment officer James...
U.S. municipal bond funds post $37 million in inflows - Lipper (Thu, 30 Oct 2014 22:02:54 GMT)
(Reuters) - - U.S. municipal bond funds reported $37 million of net inflows in the week ended Oct. 29, compared with $41 million in inflows in the previous week, according to data released by Lipper...
In praise of the cockroach portfolio (Thu, 30 Oct 2014 21:21:41 GMT)
(Reuters) - Everyone wants to be an eagle in investing and most fail, but the important thing to remember is: everyone can be a cockroach.
Pimco pulled futures-clearing business from State Street - WSJ (Thu, 30 Oct 2014 19:42:45 GMT)
(Reuters) - Pacific Investment Management Co. in the past month pulled all its futures-clearing business from a unit of State Street Corp. after State Street asked Pimco to reduce some positions, the...
Oil price declines have small-cap shale investors scrambling (Thu, 30 Oct 2014 17:55:38 GMT)
NEW YORK (Reuters) - Plummeting oil prices are pushing some of the small-cap companies which flourished as part of the U.S. shale energy boom close to their breaking point, while also prompting some...
Conquering fear, finding purpose: The secrets of an encore career (Thu, 30 Oct 2014 17:02:11 GMT)
PHOENIX (Reuters) - “You must do the thing you cannot do,” Eleanor Roosevelt once wrote. It’s the only way to overcome the fears we all face in doing something new, she thought, and take a leap into...
American Realty Capital to restate results, shares plunge (Wed, 29 Oct 2014 22:11:04 GMT)
(Reuters) - American Realty Capital Properties Inc said on Wednesday it replaced its chief financial and chief accounting officers after its audit committee discovered "intentional" accounting errors.
Portfolio manager chooses Pimco over croque-monsieur food truck (Wed, 29 Oct 2014 20:30:14 GMT)
NEW YORK (Reuters) - Jeremie Banet, who left Pimco to operate a food truck selling croque-monsieur sandwiches in Los Angeles, is returning to Pacific Investment Management Co next week as an...
Ex-money manager, facing 20 years in U.S. prison, may try to pull guilty plea (Wed, 29 Oct 2014 19:53:51 GMT)
NEW YORK (Reuters) - A former New York Islanders hockey team co-owner may seek to withdraw his guilty plea to swindling investors after a U.S. judge said on Wednesday she would sentence the money...
U.S.-based stock funds attract biggest weekly inflows since Feb. - ICI (Wed, 29 Oct 2014 19:27:36 GMT)
NEW YORK (Reuters) - Investors in U.S.-based mutual funds poured more than $6 billion into stock funds in the week ended Oct. 22 due to demand for cheaper U.S. stocks following a market pullback,...
For workers who drive, no more excuses for shoddy mileage logs (Wed, 29 Oct 2014 14:01:17 GMT)
(Reuters) - More than 40 million Americans earn money while driving around in their cars, making them eligible for a valuable business mileage deduction from the Internal Revenue Service.
Exclusive: Chanos takes profit on his top 2014 short sale - Brazil (Wed, 29 Oct 2014 00:30:32 GMT)
NEW YORK (Reuters) - Hedge fund manager Jim Chanos, the prominent short-seller, said Tuesday he has lightened up on some of his bets against Brazil, saying most of the country's downside risk is...
Advanced Series Trust terminates Pimco as subadviser on two portfolios (Tue, 28 Oct 2014 23:26:33 GMT)
NEW YORK (Reuters) - The Advanced Series Trust has terminated Pacific Investment Management Company as an investment subadviser on two portfolios, according to an SEC filing on Tuesday.
U.S. consumer watchdog finds 'illegal' acts in mortgage, student loans (Tue, 28 Oct 2014 21:49:38 GMT)
WASHINGTON (Reuters) - Companies that service U.S. student loans and mortgages tricked customers into paying higher fees or engaged in other acts that violate U.S. consumer laws, the U.S. Consumer...
September 4th 2014
Our I B S C system (Inter Bank Secured Communication) is now active.
September 3rd 2014
Our new web site: www.tagbankers.com is now active
September 3rd 2014
We are pleased to announce our incorporation in England.
TAG INVESTMENT BANKERS LTD
29 Harley Street London, W1G 9QR United Kingdom .
Tel: +44 2033185473