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Mutual Fund Center

BRIEF-Bank of America venture trims 10 pct of staff as part of digital push - WSJ

* Bank of America venture trims 10 pct of staff as part of digital push; about 250 employees lose jobs as part of restructuring - WSJ, citing sources Source: http://on.wsj.com/2xvLPeM Further company coverage:

CORRECTED-OFFICIAL-MOVES-Franklin Templeton names David Whitehair head of defined contribution, UK

Sept 26 Franklin Templeton Investments, part of investment management firm Franklin Resources Inc, appointed David Whitehair as head of its defined contribution business in the UK.

Private equity may win in U.S. Republicans' tax plan

WASHINGTON, Sept 26 U.S. President Donald Trump's promise to close the "carried interest" tax break that benefits some of Wall Street's wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms.

UPDATE 5-Nestle targets profit margin to satisfy investor hunger

* No change to L'Oreal stake (Adds investor comments, details)

U.S. 2-year note sells at highest yield since 2008

NEW YORK, Sept 26 The U.S. Treasury Department on Tuesday sold $26 billion of two-year fixed-rate notes at a yield of 1.462 percent, the highest level at a two-year auction since October 2008 prior to the Federal Reserve's adoption of near-zero interest rates.

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