Colombian Fund Mangers Eye $750 Million Fee Bonanza After Senators Tweak Pension Bill
Colombian lawmakers added a clause to a pension bill in congress that will allow fund managers to rake in an additional $750 million in management fees.
Colombian lawmakers added a clause to a pension bill in congress that will allow fund managers to rake in an additional $750 million in management fees.
US financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — an outstanding requirement of the 2010 Dodd-Frank Act that has repeatedly failed to materialize.
At no stage this week did crude futures trade higher than where they were last Friday, before Iran’s attack on Israel.
Gauges for emerging-market stocks and currencies slipped Friday as risk assets took a hit from the latest flare-up in Middle East tensions.
The surprising resilience of the US economy would seem, on the face of it, to be good for corporations. But as the expansion plows ahead, pressures are forming beneath the surface to threaten some of the country’s riskiest companies.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}