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Bill Gross, who runs the world’s biggest bond fund at Pimco and is recommending short-term debt, maintained his biggest holdings in Treasuries and U.S. government-related securities in November.
That's better than twice as many as in October when the exchanges opened amid technology errors and outages, as the U.S...
Wall Street banks avoided their worst fears of the Volcker rule after regulators crafted the ban on speculative trading to leave market-making operations intact.
MetLife, the largest U.S. life insurer, has boosted performance by retreating from products such as variable annuities, where profits are tied to market fluctuations.
The world economy will enjoy faster growth next year, as improvement in the U.S. and the euro area offsets slowdowns in China and Japan, said Pimco CEO Mohamed El-Erian.
General Motors is free from U.S. taxpayer ownership almost half a decade after first receiving government aid, underscoring the revival of the domestic auto industry.
Vontobel will enter the Justice Department’s category for Swiss banks that haven’t committed tax-related offenses, the Zurich-based company said in an e-mailed statement today.
With memories of the 2008 financial crash still fresh, some wealthy shoppers are questioning whether record stock market highs are sustainable amid conflicting reports about the economy.
Aflac, the largest seller of supplemental health insurance, plans to add bets beyond U.S...
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