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08 Nov

Citigroup Plans I.P.O. of Its Primerica Unit

Citigroup said late Thursday that its Primerica life insurance unit had filed plans for an initial public offering of its stock. ...

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Private Equity Fires Back at Moody's

The Private Equity Council criticized Moody's Investors Service for a new report that was critical of the private equity industry. ...

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Touradji Capital Sues 2 Ex-Employees

Touradji Capital Management has filed a countersuit against two former employees who sued the commodities hedge fund firm, contending that they were owed $50 million in unpaid bonuses. ...

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A Contrary Indicator on M.B.A.'s and Stocks

A somewhat tongue-in-cheek indicator on the relationship between stocks and Harvard M.B.A.'s suggests that the market may be poised for further gains. ...

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Bank of New York Chief Shuns BofA's Top Job

Robert P. Kelly, chief executive of Bank of New York Mellon, told his senior managers on Thursday that he was not interested in taking the top job at Bank of America, defusing speculation that he would leave his current post. ...


Rajaratnam's Travel Restrictions Are Loosened

Raj Rajaratnam, the Galleon Group founder who has been charged with insider trading, can now travel around the United States so long as he informs prosecutors beforehand, a Manhattan federal judge ruled at a hearing Thursday afternoon. But his $100 million bail was not reduced. ...

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