News

WASHINGTON, March 2 (Reuters) - Federal investigators are looking into whether Jared Kushner's business talks with foreigners, as his father-in-law Donald Trump assumed the U.S. presidency, later influenced White House policy, NBC News reported on Friday.

BOSTON, March 2 (Reuters) - Asset manager BlackRock Inc said on Friday it is pressing gunmakers and weapons retailers in its portfolios to explain how they monitor firearm sales and use, and it is studying the creation of new index-based portfolios of stocks that would exclude gunmakers and retailers.

MEXICO CITY, March 2 (Reuters) - The chief financial officer of Mexican conglomerate Alfa was fined 195,018 pesos ($10,349) in January for breaking insider trading laws, government data showed. Ramon Alberto Leal Chapa was fined on January 11 for "making trades with privileged information" in 2011, according to publicly available data...

ZURICH, March 2 (Reuters) - The head of Switzerland's third-largest bank, Raiffeisen, said on Friday he would not step down in relation to a criminal probe that has led to the detention of his predecessor, Pierin Vincenz.

NEW YORK/TORONTO, March 2 (Reuters) - Equifax Inc said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history.

March 2 (Reuters) - Deputy U.S. Attorney General Rod Rosenstein on Friday laid out the Trump administration's approach to fighting financial crime, saying the government will focus more heavily on certain tax violations and that it is cracking down on securities fraud.

March 2 (Reuters) - A California movie producer who headed a boutique merchant bank has been convicted on charges he defrauded investors in hedge funds overseen by a New York-based investment adviser out of $26 million, prosecutors said on Friday.

But FSA says poultry processor has improved its procedures

NEW YORK, March 2 (Reuters) - Virtu Financial Inc on Friday distanced itself from a fake cryptocurrency called VirtCoin that falsely claims to be affiliated with the global trading firm, highlighting the potential risks associated with the digital currency craze.

But corporate leaders complain about lack of detail on other key issues