Topic: Private Equity
Citi in talks over $3 billion in car loans: report
Reuters US Online Report Business News
PHILADELPHIA (Reuters) - Citigroup Inc <C.N> has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial Times. Citigroup is believed to ...
Private equity firms brace for tax battle
Reuters US Online Report Business News
NEW YORK/WASHINGTON (Reuters) - Private equity firms are again being threatened with higher taxes, as a long-running debate over how to classify their profits again becomes a focus for governments desperate for cash. But while high-profile buyout firms may seem an easy target, the question is a controversial one. Critics ...
Private equity woes could spell trouble for stocks
Stockhouse
Be wary of IPOs being trotted outWhen the folks at a private equity firm gather at the holiday party refreshment table to talk about “vintage,” they aren’t commenting on the Château Pétrus.
The world of private equity financing doesn’t have high visibility, but it is big business behind ...
Dubai's Shuaa Capital narrows Q4 loss to $42 million
Reuters US Online Report Business News
DUBAI (Reuters) - Dubai's Shuaa Capital <SHUA.DU> narrowed its net loss 73 percent in the fourth quarter, as the investment bank's brokerage and private equity operations returned to profit and its corporate division curbed losses. The investment bank said in a statement that it cut its ...
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