Financials (TRBC)

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Nike ‘very concerned’ about rape accusation against Brazilian soccer star Neymar

(Reuters) – Nike Inc is “very concerned” about a rape accusation against Brazilian soccer star Neymar, the world’s largest sportswear maker said on Thursday, raising questions about its sponsorship of one of the sport’s most famous players. Brazilian soccer player Neymar leaves the police station after testifying in Rio de Janeiro, Brazil June 6, 2019. […]

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PersonalFinance

Investment bank environment still very fragile says UBS

FILE PHOTO: The logo of Swiss bank UBS at the company’s headquarters in Zurich February 10, 2015. REUTERS/Arnd Wiegmann//File Photo ZURICH (Reuters) – Investment banking conditions have improved over recent months but remains “very fragile,” UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender’s own business was performing in line with the […]

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PersonalFinance

Watchdog examines Guernsey listings of suspended Woodford fund

LONDON (Reuters) – Britain’s financial watchdog said it was examining a decision by a frozen Woodford fund to list investments in Guernsey, as wealth manager St James’s Place pulled 3.5 billion pounds ($4.45 billion) from the firm in a widening fall-out from the suspension. In a rare event, British fund manager Neil Woodford suspended trading […]

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PersonalFinance

British money manager Woodford’s star wanes over locked fund gate

LONDON (Reuters) – Famed for eschewing the tech bubble and sticking with tobacco and pharmaceuticals as others sold out, Neil Woodford’s cult status among British money managers is on the ropes after some of his investors were unable to recoup their money. When Woodford struck out on his own from Invesco and launched Woodford Investment […]

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PersonalFinance

British money manager Woodford’s star wanes over locked fund gate

LONDON (Reuters) – Famed for eschewing the tech bubble and sticking with tobacco and pharmaceuticals as others sold out, Neil Woodford’s cult status among British money managers is on the ropes after some of his investors were unable to recoup their money. When Woodford struck out on his own from Invesco and launched Woodford Investment […]

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