Citi Gets Tough With General Growth 19 hours ago Read More
Citigroup bought a 5.3% stake in General Growth even as it is playing tough in debt-extension talks. The mall owner faces bankruptcy if it can't extend a big loan with a group including Citi.
J.P. Morgan Seizes Fund's Collateral 1 days ago Read More
J.P. Morgan seized tens of millions of dollars of collateral from a fund run by Guggenheim and started to auction it off following the fund's failure to come up with additional capital to meet marg...
Carlyle to Cut 10% of Staff 1 days ago Read More
Carlyle is cutting 10% of its staff, the first large U.S. private-equity firm to announce firmwide layoffs as the industry braces for leaner times.