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Citi bucks the repo trend

Citi Building Sign

Citigroup had one of its most profitable years in recent history in the repurchase-agreement market, the bank’s global head of fixed-income finance said, countering much of the industry grumbling that regulation is crushing this business.



American courtroom

C Suisse wins lawsuit against property owners

Credit Suisse won a lawsuit by property owners in four upscale resorts in the western U.S. who alleged that the investment bank funded loans based on inflated appraisals of the developments that caused their financial ruin.

Sad Clown

Clowns out - Send in the bankers

The Big Apple Circus, whose clowns, acrobats and animals performed free for disadvantaged children and the elderly, has folded the tent that has been perched behind Manhattan’s Lincoln Center each holiday season since 1981.