Financial Services

UPDATE 1-U.S. Treasury says pay will not increase for Ally Financial CEO

WASHINGTON, April 2 (Reuters) – The Obama administration is holding the total compensation unchanged this year for the head of bailed-out auto lender Ally Financial, the Treasury Department said on…

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Nestle and Deutsche Post prop up European shares

LONDON, April 2 (Reuters) – Gains in Nestle and Deutsche Post propped up European shares on Wednesday, extending the benchmark index’s winning streak into a seventh straight day.

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RPT-REUTERS SUMMIT-U.S. senator urges budget neutrality on Obamacare risk provisions

WASHINGTON, April 1 (Reuters) – U.S. Senator Marco Rubio, a prominent Republican critic of President Barack Obama’s healthcare law, unveiled legislation on Tuesday to make sure Obamacare would not…

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