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

Reuters Money

Australian financial watchdog proposes tighter terms for executive pay

Mon, Jul 22, 2019

Australia's prudential watchdog has proposed tighter terms for executive pay at the country's financial firms, after a public inquiry last year blamed flawed incentives for widespread wrongdoing in... ...

Investors buy fewest U.S. 30-year bonds at auction since September

Mon, Jul 22, 2019

Fund managers purchased the least amount of U.S. 30-year Treasury bonds at an auction in 10 months earlier this month that intensified a sell-off in the bond market, according to data released from... ...

Two top fixed-income portfolio managers exit Eaton Vance

Mon, Jul 22, 2019

(This July 19 story corrects to say the fund has a negative process pillar rating, not negative overall rating, in the fifth paragraph) ...

Judge rules against hedge funds that challenged 2016 Jarden deal

Fri, Jul 19, 2019

A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc's 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a... ...

Take it easy: central bank U-turns loosen financial conditions

Thu, Jul 18, 2019

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,... ...

BNY Mellon vows to stem billions in outflows from index products

Wed, Jul 17, 2019

BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products. ...

Andrew Left's Citron Capital posted net return of 24.7% in 1st half of 2019

Wed, Jul 17, 2019

Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday, but said "it has... ...

Another $860 million recovered for Madoff customers in Kingate settlement: trustee

Wed, Jul 17, 2019

The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday said another $860 million may soon be returned to the swindler's customers, under a settlement with offshore funds that... ...

CQS looking to grow U.S. presence under new CEO Rolet

Tue, Jul 16, 2019

CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who took over the... ...

Out of the shadows: Australia's finance regulator told to be more 'forceful'

Tue, Jul 16, 2019

Australia's prudential regulator should become less "discreet" ...