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Elizabeth Dilts

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

7:21pm EST

Bank of America takes tax hit, vows longer-term boost

Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.

Jan 08 2018

Apple says it looks out for kids, as investors cite phone 'addiction'

NEW YORK Apple Inc said it "has always looked out for kids", defending its technology policy for children, after two major investors urged it to address what they said was a growing problem of young people getting addicted to Apple's iPhones.

Dec 20 2017

JPMorgan Chase powers up robo-adviser for fintech race

NEW YORK JPMorgan Chase & Co is powering up a lower-cost computerized investment management tool this week and plans to offer the robo-adviser to some clients next March and on a wide scale in the middle of the year.

Dec 18 2017

U.S. taxpayers rush to claim deductions under threat from tax bill

NEW YORK Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax overhaul would sharply cut the amount they can deduct on federal tax bills.

Dec 01 2017

In a push upmarket, Wells Fargo gives top brokers raises in 2018

NEW YORK Wells Fargo & Co is giving its top brokers and advisory teams as much as a $40,000 raise next year in a broad strategy to go after wealthier clients, company executives said Friday.

Nov 27 2017

U.S. Labor Department delays final part of fiduciary rule

NEW YORK The U.S. Department of Labor issued an 18-month-delay on Monday for key parts of its retirement rule, including one that would require brokers to ask clients if they feel that accounts that charge commissions are in their best interests.

Nov 27 2017

UBS exits recruiting pact, following Morgan Stanley

NEW YORK UBS Group AG's Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month.

Nov 08 2017

Merrill Lynch to raise pay for top-performing brokers in 2018

NEW YORK Bank of America Merrill Lynch said on Wednesday that it will increase the pay of brokers each month who grow their business in 2018 and will cut the monthly pay of those who do not, in a bid to the Wall Street brokerage's own growth.

Oct 31 2017

Ex-Merrill Lynch broker to plead guilty to securities fraud

NEW YORK A former Bank of America Merrill Lynch broker has agreed to plead guilty to a criminal charge of securities fraud for billing clients excessive commissions, according to federal court documents unsealed on Tuesday.

Oct 30 2017

Morgan Stanley quits brokerage industry pact on recruiting

NEW YORK Morgan Stanley is quitting a pact it signed with rival securities brokerages over a decade ago agreeing not to sue one another when brokers quit to join rivals and take clients with them.

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