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Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

In Des Moines, Wells Fargo looks to soothe critics

Tue, Apr 24, 2018

IOWA CITY, Iowa (Reuters) - Wells Fargo & Co executives planned to convey a message of atonement to shareholders at the bank's annual meeting in Des Moines, Iowa on Tuesday as it works to convince... ...

High-profile investors bet on stocks tied to millennials: Sohn Conference

Mon, Apr 23, 2018

NEW YORK (Reuters) - Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the... ...

Gundlach says buy oil producers, bet against Facebook: Sohn Conference

Mon, Apr 23, 2018

NEW YORK (Reuters) - Billionaire investor Jeffrey Gundlach on Monday said investors should consider betting against Facebook Inc because the prospect of regulation still hangs over the social media... ...

Zurich court backs Julius Baer in East German assets row

Tue, Apr 24, 2018

ZURICH (Reuters) - A Swiss appeals court has ruled in favor of private bank Julius Baer in a suit by a German agency hunting East German assets that went missing after the fall of the Berlin Wall,... ...

Goldman names new head of private wealth management for Americas

Mon, Apr 23, 2018

(Reuters) - Goldman Sachs Group Inc on Monday named company veteran John Mallory to lead its private wealth management business in the Americas. ...

Glenview's Robbins says talk of Amazon's entering pharma is overblown

Mon, Apr 23, 2018

NEW YORK (Reuters) - Glenview Capital Management Chief Executive Larry Robbins said on Monday at the Sohn Investment Conference in New York that he still likes a trio of stocks he already owns,... ...

U.S. fund managers brace for trade war with focus on pricing power

Mon, Apr 23, 2018

NEW YORK (Reuters) - Investors' fears of an all-out trade war between the United States and China is prompting U.S. stock fund managers to hunt for companies that can easily pass on higher costs to... ...

Low profile hedge funds post high returns in year after New York Sohn conference

Mon, Apr 23, 2018

NEW YORK (Reuters) - One of the year's most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry's... ...

ANZ to book $484 million charge on wealth business sales

Sun, Apr 22, 2018

(Reuters) - Australia and New Zealand Banking Group (ANZ) said it would book a loss of A$632 million ($484 million) on the divestment of two of its wealth businesses last year, which will be... ...

Wells Fargo agrees to pay $1 billion to settle customer abuses

Fri, Apr 20, 2018

(Reuters) - Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with... ...