Warren Buffett says Berkshire has 'right person' as heir (Sat, 28 Feb 2015 22:17:12 GMT)
NEW YORK (Reuters) - Warren Buffett, the billionaire chief executive of Berkshire Hathaway Inc, told investors on Saturday that the company had found his successor, and the company's vice chairman,...
Buffett says 'sprawl' is good, but may not be good enough (Sat, 28 Feb 2015 18:17:04 GMT)
NEW YORK (Reuters) - Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into...
Berkshire Hathaway net falls, operating profit rises (Sat, 28 Feb 2015 14:51:45 GMT)
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved.
American Realty Capital says to file delayed results on Monday (Fri, 27 Feb 2015 23:16:59 GMT)
NEW YORK (Reuters) - American Realty Capital Properties, the real estate investment trust, said on Friday that it would post results for the first three quarters of 2014 on Monday, March 2, meeting...
Energy companies lose round vs. NYC funds in proxy access battle (Fri, 27 Feb 2015 23:05:20 GMT)
BOSTON (Reuters) - Exxon Mobil Corp and three other large energy companies failed to block shareholder resolutions on director nomination rules put forth by New York City pension funds, making it...
Investors pour $1.1 billion into emerging market debt funds in week: BofA (Fri, 27 Feb 2015 15:20:56 GMT)
NEW YORK (Reuters) - Investors worldwide poured $1.1 billion into emerging markets debt funds, marking their biggest weekly inflows since June of last year, and $2 billion into high-yield bond funds...
CFTC asks large banks about dividend arbitrage: WSJ (Fri, 27 Feb 2015 13:42:40 GMT)
WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission is questioning what role global banks played in so-called dividend-arbitrage trades, the Wall Street Journal said on Friday,...
Buy-and-hold fund prospers with no new bets in 80 years (Fri, 27 Feb 2015 06:32:13 GMT)
BOSTON (Reuters) - Equity investors pursuing a buy-and-hold strategy might want to check out a fund that hasn't made an original stock market bet in 80 years.
Carlyle splashes out $31.2 million on former JPMorgan executive (Fri, 27 Feb 2015 02:53:08 GMT)
(Reuters) - Carlyle Group LP paid its co-president who was hired last year from JPMorgan Chase & Co $31.2 million in 2014, a higher compensation than many veterans received at the private equity...
U.S. SEC approves limits for arbitrators with industry ties (Fri, 27 Feb 2015 01:12:30 GMT)
(Reuters) - The Securities Exchange Commission on Thursday restricted the ability of financial industry veterans to judge investor arbitration cases against brokerage firms, pleasing investors who...
Bank of America accounting chief, two directors to step down (Thu, 26 Feb 2015 23:04:05 GMT)
(Reuters) - Bank of America Corp said on Thursday that two members of its board of directors and its chief accounting officer will be leaving the company in coming weeks.
U.S.-based non-domestic stock funds attract most cash since 2013: Lipper (Thu, 26 Feb 2015 23:00:23 GMT)
NEW YORK (Reuters) - Investors in U.S.-based funds poured $4.6 billion into funds that specialize in stocks outside the United States on greater risk appetite and demand for bargains overseas, data...
Investors tell hedge funds they want lower fees: survey (Thu, 26 Feb 2015 22:14:45 GMT)
BOSTON (Reuters) - Institutional investors are sending a strong message to hedge funds after last year's largely lackluster returns: charge us less and perform better.
U.S. SEC targets asset manager conflicts of interest: investigator (Thu, 26 Feb 2015 21:16:41 GMT)
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission is unearthing numerous examples of hidden conflicts of interest at asset management firms, and plans to file a series of cases to...
TD Bank CEO say very happy with stake in TD Ameritrade (Thu, 26 Feb 2015 21:05:27 GMT)
TORONTO (Reuters) - Toronto-Dominion Bank is very happy with its stake in discount brokerage TD Ameritrade Holding Corp and views it as a key investment, the Canadian lender's chief executive said on...
Online lender Prosper to partner community banks to boost offerings (Thu, 26 Feb 2015 19:17:47 GMT)
(Reuters) - Peer-to-peer lender Prosper Marketplace Inc said it has partnered with Western Independent Bankers (WIB), a consortium of small community banks, to boost loan offerings through its online...
The silent struggle of seniors with debt (Thu, 26 Feb 2015 16:15:40 GMT)
NEW YORK (Reuters) - When Wanda Simpson reached retirement a couple of years ago, the Cleveland mom had an unwelcome companion: Around $25,000 in debt.
EU lawmakers back revamp of money market funds (Thu, 26 Feb 2015 11:56:41 GMT)
LONDON (Reuters) - Europe's money market funds will not have to hold costly capital to shield them from financial shocks following a vote by European Union lawmakers to soften proposed new rules for...
Sin seems to be its own reward (Thu, 26 Feb 2015 07:37:57 GMT)
(Reuters) - Virtue in investment terms may be its own reward, but the evidence shows sin pays better.
Morgan Stanley to pay $2.6 billion to settle mortgage-bond claims (Thu, 26 Feb 2015 02:32:56 GMT)
(Reuters) - Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before the financial crisis, reducing its 2014...
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