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Combat Fraud June 2017

In order to combat fraudulent use of our name and letterhead and in order to safeguard our clients from scams attempts please be advised that any recipient of any communications allegedly sent from and by us on our letterhead or emails or even mail can always require whomever transmitted said document(s) to retransmit it using our proprietary I B S C communication device. Said communication device will allow recipient of a document to retrieve it from our website by inputting a time and case sensitive password along with his or her own ID. Our official communication will then appear and be available for download for a limited time period to ensure that there are no misuse. If you receive an alleged communication from us you can request whomever sent it to you to ask us to transmit a copy to you following above mode. Compliance Division 'United to combat fraud'


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Goldman Sachs CEO says sovereign balance sheets look risky (Thu, 22 Mar 2018 16:12:26 -0400)

BOSTON (Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday sovereign country balance sheets look risky to him as deficits become a larger percentage of their gross...

Ackman exits Nike stake with $100 million in profit: source (Thu, 22 Mar 2018 15:53:31 -0400)

(Reuters) - Investor William Ackman has stepped out of his Nike sneakers, at least in a financial sense.

Janus' Gross says U.S., global economies too leveraged for aggressive Fed (Thu, 22 Mar 2018 07:59:53 -0400)

NEW YORK (Reuters) - Investors' expectations for three or four rate hikes by the Federal Reserve in 2018 are likely overblown while a bear market in bonds will be gradual and "non-threatening,"...

Goldman Sachs no longer one of top three commodities banks (Thu, 22 Mar 2018 14:43:31 -0400)

LONDON (Reuters) - Goldman Sachs lost its place among the top three earners of commodities-related revenue in 2017, falling below rivals JPMorgan , Morgan Stanley and Citibank for the first time,...

Morgan Stanley to hire 80 in Paris after Brexit: source (Thu, 22 Mar 2018 07:24:05 -0400)

LONDON/PARIS (Reuters) - Morgan Stanley plans to add 80 jobs in Paris after Britain's exit from the European Union, a source familiar with the matter said on Thursday, on top of around 200 the U.S....

Deutsche Bank to reap $1.7 billion from asset management IPO (Thu, 22 Mar 2018 14:38:35 -0400)

BERLIN (Reuters) - Deutsche Bank's asset management arm DWS set the price for its initial public offering on Thursday at a level which is expected to generate proceeds of about 1.4 billion euros...

UBS CEO says to expect 'more of the same' performance (Thu, 22 Mar 2018 06:15:24 -0400)

ZURICH (Reuters) - UBS , the world's largest wealth manager, is seeing business in line with recent years so far in 2018, Chief Executive Sergio Ermotti said on Thursday.

U.S. investment trusts gobble assets; retirement plans retreat from active funds (Wed, 21 Mar 2018 14:22:58 -0400)

BOSTON (Reuters) - U.S. retirement plans pumped billions of dollars into investment trusts last year, helping asset managers offset some of the heavy cash outflows from their pricier actively managed...

What the Federal Reserve rate hike means for U.S. households (Wed, 21 Mar 2018 15:37:41 -0400)

NEW YORK (Reuters) - The effects of the Federal Reserve interest rate hike announced on Wednesday will extend beyond corporate America to household budgets.

Major banks earned more in metals than oil last year (Wed, 21 Mar 2018 21:12:58 -0400)

LONDON (Reuters) - Banks' metals-related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging...

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