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WASHINGTON (Reuters) - The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better...

(Reuters) - Etsy Inc, which operates a website that sells handmade goods and craft supplies, filed with U.S. regulators on Wednesday for an initial public offering of common stock.

ANKARA/ISTANBUL/NEW YORK (Reuters) - Turkey's prime minister and his economic team sought on Wednesday to calm the nerves of top investors in New York who hold more than 20 percent of the main...

(Reuters) - Warren Buffett telling the rest of us about the advantages of conglomerates is like Willie Mays arguing for the no-look-over-the-shoulder catch while running full speed.

BOSTON (Reuters) - Long-time Viking Global Investors executive Tom Purcell is leaving the $32 billion hedge fund to invest his personal fortune and pursue other interests, the firm said this week in...

NEW YORK (Reuters) - Investors poured $2.36 billion into U.S.-based mutual funds that specialize in international stocks in the week ended Feb. 25 on the view that stock valuations are more...

BOSTON (Reuters) - Hedge fund mogul William Ackman's Pershing Square Capital Management returned a net 5.8 percent in February, leaving the fund up 6.5 percent for the year, an investor said.

LONDON/MADRID (Reuters) - Three bidding groups have entered the second round in the race for Spanish natural gas distributor Madrilena Red de Gas, majority owned by Morgan Stanley, three sources...

BOSTON (Reuters) - Mutual fund companies, including No. 2 Fidelity Investments, have slashed fees on their most popular funds by shifting billions of dollars into collective trusts not regulated by...

CHICAGO (Reuters) - Chicago has renegotiated an interest-rate swap agreement with one bank and is in discussions with another to avoid paying about $60 million in termination fees, the mayor's office...

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