Northern Trust shutting fund; an outlier or sign of future risk?

FILE PHOTO: An employee walks past a company logo at Northern Trust offices in London, Britain August 1, 2019. REUTERS/Toby Melville BOSTON (Reuters) – Northern Trust Corp’s decision to... Read more »

Northern Trust shutting fund in latest prime money market stress

BOSTON (Reuters) – Northern Trust Corp (NTRS.O) said it will liquidate a $1.8 billion prime money market fund, one of a number to come under stress this year as... Read more »

US money market assets increased in latest week: iMoneyNet

NEW YORK, May 13 (Reuters) – U.S. money market fund assets increased by $26.28 billion to $4.716 trillion in the week ended May 12, the Money Fund Report said... Read more »

US money market assets increased in latest week: iMoneyNet

NEW YORK, May 6 (Reuters) – U.S. money market fund assets increased by $37.80 billion to $4.690 trillion in the week ended May 5, the Money Fund Report said... Read more »

US money market assets increased in latest week: iMoneyNet

NEW YORK, April 29 (Reuters) – U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said... Read more »

How housebound Brazil popstars and CEOs caught streaming mania and dominated YouTube

SAO PAULO (Reuters) – “Calling all the cattle! Our live broadcast is about to begin,” Brazilian singer Marilia Mendonca whooped as she kicked off a recent three-and-a-half-hour quarantine performance... Read more »

Your Money: Stimulus check confusion? Common questions, answered

NEW YORK (Reuters) – In a little over a year, when Americans file their 2020 tax returns, much of what is going on with coronavirus-linked stimulus payments will finally... Read more »

U.S. SEC issues compliance focus areas for brokers before new rules take effect

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) – The... Read more »

U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources

WASHINGTON (Reuters) – The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of... Read more »

Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April

FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Reuters) – Bond investor... Read more »