Risky assets heading for best year: BAML | | LONDON (Reuters) - Voracious investor appetite is set to make this by far the strongest year for inflows into stocks and corporate debt, Bank of America Merrill Lynch strategists said on Friday. |
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U.S. Treasury pushes back on bank-like rules for asset managers, insurers | | WASHINGTON (Reuters) - The U.S. Treasury on Thursday rejected the idea of singling out specific asset management and insurance firms as systemically risky, indicating that they are unlikely to be designated as “too big to fail” and slapped with additional oversight under the administration of President Donald Trump. |
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| | Former FireEye CEO joins cyber venture fund Allegis | | (Reuters) - Technology executive Dave DeWalt has joined early-stage cyber-security venture capital firm Allegis Capital as a managing director, the fund said on Thursday, as it looks to invest more in companies closer to going public. |
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FINRA's head of regulatory operations Axelrod to step down | | NEW YORK (Reuters) - The Financial Industry Regulatory Authority said on Thursday that Susan Axelrod, its executive vice president for regulatory operations, is leaving the securities industry self-regulator for a job in the private sector early next year. |
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