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WASHINGTON (Reuters) - Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could...

NEW YORK/WASHINGTON (Reuters) - Wells Fargo & Co announced on Friday it fired its head of consumer lending, a move that people familiar with the matter said was because he disparaged a bank regulator...

BEIJING (Reuters) - China's central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country's...

LONDON (Reuters) - London hedge fund giant Lansdowne Partners lost $100 million from a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise. ...

(Reuters) - Barnes & Noble Inc said on Thursday a deal proposed by an activist investor to take the bookstore chain private was not "bona fide" as its chairman and founder, Leonard Riggio, would not...

NEW YORK (Reuters) - A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge...

NEW YORK (Reuters) - U.S. fund investors walloped high-yield funds with their biggest week of withdrawals since March, Lipper data showed on Thursday.

WASHINGTON (Reuters) - A former banking executive and associate of U.S. Treasury Secretary Steve Mnuchin was confirmed by the Senate on Thursday to be U.S. Comptroller of the Currency, serving as the...

(The writer is a Reuters columnist. The opinions expressed are his own.)

U.S. fund investors snub domestic stocks
Wed, 15 Nov 2017 18:09:28 -0500
NEW YORK (Reuters) - U.S. investors dashed into funds that buy stocks outside the country at the fastest pace since July, while pulling money out of domestic equities, Investment Company Institute...

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