By Chris Taylor NEW YORK (Reuters) – Hard as it is to believe, this year is the 50th anniversary of the debut of “The Bob Newhart Show,” the beloved 1970s sitcom about a psychologist trying to lead a sane and fulfilling life. Now 92, and married to wife Ginny for almost 60 years, Newhart is …
Laughter and longevity: Life Lessons with Bob Newhart Read More »
LONDON (Reuters) – The world’s wealthiest families put more money into private equity than in traditional asset classes like fixed income and stocks in 2021 as they sought to boost investment returns, an annual report by Swiss bank UBS shows. Private equity posted stellar returns last year as trillions of dollars in pandemic-related stimulus prompted …
World’s richest families invest more in private equity amid volatile markets – UBS Read More »
NEW YORK (Reuters) – Trading firms Citadel Securities and Virtu Financial Inc are collaborating on a cryptocurrency trading “eco-system” that will enable retail brokerages to offer crypto-executions to their customers, according to a source with direct knowledge of the matter. The consortium of firms behind the project includes venture capital firms Sequoia Capital and Paradigm, …
Trading firms Citadel Securities, Virtu building crypto-trading ecosystem- source Read More »
By Anshuman Daga SINGAPORE (Reuters) – Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of high-net worth clients. The move underscores the growing acceptance of digital currencies among financial services firms as they seek to tap a wide array …
Singapore trading platform recognises crypto assets of accredited investors Read More »
(Reuters) – Brazilian lender Itau Unibanco Holding SA on Tuesday sold some of its roughly 11% stake in New York-listed broker XP Inc for about $154 million, Brazil Journal reported without stating where it obtained the information. Itau sold 6.78 million shares at $22.65 each, a 4.4% discount to the day’s closing price, the business …
Brazil bank Itau sells stake in broker XP for $154 million -report Read More »
By David Randall and John McCrank NEW YORK (Reuters) – Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings Inc, spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled risky post-pandemic favorites once beloved by retail traders. Overall short interest as a percentage …
Analysis-Shorts circle GameStop and AMC, sensing retail fatigue Read More »
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) -Amazon’s stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this year. Amazon shares were up 3.1% to $126.17 in afternoon trading after the 20-for-1 split, announced earlier this year but which took effect Monday. They have fallen …
Amazon stock split may draw retail traders in tough market Read More »
By Chris Taylor NEW YORK (Reuters) – ‘Tis the season for commencement speeches, when the nation’s newest college graduates will listen to a few choice words to help launch them into the rest of their lives. The advice tends to hit on the big issues of life: Family, friendships, faith, purpose – and, yes, work …
(Reuters) – Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher Waller said on Friday. “The main issue in crypto-asset regulation isn’t how to protect sophisticated crypto-investors; it’s how to protect the rest of …
Regulating crypto assets would protect ‘the rest of us’: Fed’s Waller Read More »
By Tatiana Bautzer SAO PAULO (Reuters) – Two sanitation companies are expected to break Brazil’s IPO drought in the coming months. The sector has been buoyed by Brazil’s decision to update the regulatory framework for private investment in water and sanitation services in 2020, but IPOs across the world have been slowed by market volatility. …
Canada’s Brookfield unit among sanitation companies seeking Brazil IPOs Read More »
