North America
North America | 19 Aug 16
US Olympic, Paralympic winners may get victory tax reprieve
US athletes could be on track to see their Olympic and Paralympic gold, silver and bronze medals shine more brightly with Congress expected to make tax breaks for winners a ‘top priority’, according to media reports.
North America | 11 Aug 16
SEC charges former pro US footballer over $10m Ponzi scheme
A former professional American football player has been charged by the US Securities and Exchange Commission for running a $10m (£7.7m, €9m) investment fraud that promised returns as high as 20%.
MetLife net income down 94% after variable annuity review
US insurance giant MetLife reported a drop in net income of 94% to $64m (£48m, €57m) for the second quarter after bringing forward an annual review of its variable annuities business as it looks to offload a substantial part of its US retail business.
Macro Views | 28 Jul 16
Fed turns ‘mildly hawkish’ after holding rates
The US Federal Reserve’s decision to hold rates at 0.25-0.5% announced Wednesday surprised nobody, but the accompanying rhetoric suggested a more hawkish stance is emerging.
US asset manager sets up in Hong Kong
US-based AQR Capital Management is to open an office in Hong Kong to focus on sales and client servicing while evaluating China’s investor base.