Author: KMFSLLP

NEW YORK, April 18 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would raise the standards registered broker-dealers in the securities industry must comply with when providing retail investors financial advice.

April 18 (Reuters) - The wrecked engine of a Southwest Airlines Co jet was being examined on Wednesday by U.S. air safety officials investigating why it blew up in mid air, killing a passenger in the country's first deadly airline accident in nine years.

Investors could, in theory, put a spoke in the plan to quit London

April 18 (Reuters) - Credit card issuer American Express Co's quarterly profit topped Wall Street forecasts as a strengthening U.S. economy contributed to higher customer spending.

NEW YORK, April 18 (Reuters) - A plan by U.S. regulators to test banning the rebates stock exchanges pay to brokers that provide liquidity, in an effort to reduce potential conflicts of interest, will ultimately harm investors, the president of exchange operator Cboe Global Markets said on Wednesday.

April 18 (Reuters) - Credit card issuer American Express Co's quarterly profit rose about 31 percent as a strengthening U.S. economy contributed to higher customer spending.

FRANKFURT, April 18 (Reuters) - Deutsche Bank's chief operating officer Kim Hammonds is stepping down, the German lender said on Wednesday, amid a continuing reshuffle of its executive suite.

WASHINGTON, April 18 (Reuters) - "Robust" business borrowing, rising consumer spending, and tight labor markets indicate the U.S. economy remains on track for continued growth, the Federal Reserve reported on Wednesday, with the risks of a global trade war the one big outlier.

SINGAPORE/PARIS, April 18 (Reuters) - Global airlines began inspecting some Boeing 737 engines on Wednesday as an investigation gathered pace into an explosion which killed a passenger on a Southwest Airlines flight in the first fatal U.S. airline accident in almost a decade.

LONDON, April 18 (Thomson Reuters Foundation) - A campaign to boost British businesses with a social mission has attracted major names, from banking to pharmaceuticals, but is far from its goal of channelling 1 billion pounds ($1.4 billion) into the sector by 2020, its founders said on Wednesday.