Mutual Fund Center
ON THE MOVE-Merrill Lynch hires adviser from Goldman Sachs
NEW YORK, Nov 13 - Bank of America's Merrill Lynch Wealth Management said Wednesday that it had hired a financial adviser from Goldman Sachs for its Dallas office.
Steinberg loses bid to delay trial over SAC guilty plea
NEW YORK, Nov 13 - Michael Steinberg, the most senior employee of Steven A. Cohen's SAC Capital Advisors to be indicted for insider trading, has lost a bid to delay his trial, which is set to begin on Monday.
Deals of the day- Mergers and acquisitions
Nov 13 - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:
MOVES- BNY Mellon, Terra Firma, Vinacapital, Goldman Sachs
Nov 13 - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email to moves@thomsonreuters.com.
RPT-UPDATE 2-Iron ore miner Fortescue repays debt, aims to leave junk status behind
PERTH, Nov 13 - Iron ore miner Fortescue Metals Group, racing to pay down $9.3 billion in net debt as sales to China soar, expects to shake off its junk credit status by 2015 to seal a spot alongside sector behemoths Rio Tinto and BHP Billiton.
Other Top Mutual Funds and ETFs
Lipper Award winners in other categories based on performance over the past 3, 5 and 10 years.
- 3 Years
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Lipper awards video
Zen and the hell of low returns
(James Saft is a Reuters columnist. The opinions expressed are his own)
Stern Advice-How to make sure your adviser really puts you first
NEW YORK, Nov 13 - The brokerage industry is reaching out to consumers with a new "Investors First" initiative designed to win the hearts and minds of those who are skeptical of Wall Street advisers.
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