Tag Archives: citigroup


Hedge Fund Billionaire John Paulson puts his money on Citigroup

New York (HedgeCo.net) – According to a regulatory filing, Hedge Fund manager John Paulson’s of the $12.5 billion Paulson & Co. bought 300 million shares of Citigroup worth $1.45 billion. This move puts Paulson & Co. alongside other hedge funds […]

U.S. pay czar says he can “claw back” exec compensation

Reuters – Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and "binding" authority over executive compensation, including the ability to "claw back" money already paid, and he is weighing how and whether to use that […]

BofA shares jump after exec, hedge fund buy shares

The Associated Press – Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up blocks of shares. […]

Dealing With Phibro: The Best Choice for Citigroup

New York Times Blogs – Selling a controlling stake in Phibro won’t cut it for Citigroup, Breakingviews writes. Sure, it would probably quell some of the uproar around the flashpoint that put Citi’s full ownership of Phibro, a commodities trading […]

Kuwait financier facing U.S. fraud suit found dead

Reuters – A brash Kuwaiti financier facing a fraud suit by U.S. authorities was found dead Sunday in an apparent suicide that sent shockwaves through the Gulf Arab financial sector. A security source told Reuters that Hazem Al-Braikan appeared to […]

Asia Hedge Funds on ‘Radar’ After Beating Peers, Citigroup Says

Bloomberg – Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers, said Andrew Hill, director of prime finance for Asia-Pacific markets at Citigroup Inc. “There are pockets of proprietary money looking […]

JPMorgan’s future in hedge funds

FierceFinance – Not too long ago we were lamenting the trend by top investment banks to move into hedge funds and alternative investments in general. Buying hedge fund firms and launching them internally didn’t work out so well for Citigroup. It […]

Ajay Relan\’s CX Partners Achieves First Close of $220 Million

VC Circle – CX Partners, a new private equity firm promoted by former Citigroup Venture Capital International (CVCI) head Ajay Relan, has achieved the first close of $220 million for its maiden fund. The first close was made by the fund in March […]

The Importance Of Paying Citigroup Bankers Bonuses

24/7 Wall St. – Citigroup has gone to the Treasury to beg for bonuses for some of its most important traders, people who make the banks extraordinary amounts of money. The Treasury’s reaction will probably be that it wants to […]

Citi Shareholders Show Rage at Annual Meeting

BusinessWeek – The anger was evident at Citigroup’s annual meeting on Apr. 21, where shareholders took turns at the microphone to object to how the bank has been operating. The meeting is usually a well-attended affair lasting many hours as […]

Record Hedge Fund Closures in 2008 From Madoff, Other Losses

New York (HedgeCo.Net) – Over $84 billion worth of U.S. hedge funds shut down last year, compared to just $18.7 billion in 2007, according to the latest data published by Absolute Return Magazine, a unit of HedgeFund Intelligence.  More than […]

Small Caps Stand to Gain When Hedge Funds Jump Back In

Seekingalpha.com – To understand which segments of the U.S. equity market were most affected by hedge fund selling pressures late in 2008, a good place to look is 13F filings with the SEC. These are required from institutional investment managers […]

Related Posts Plugin for WordPress, Blogger...