INVESTMENT

Bank of America hired energy investment banker Oscar Brown away from Barclays Capital to be a managing director and head of its Houston investment banking office.

Ron Burkle accused Barnes & Noble Inc's board of putting the interests of its controlling family over those of other shareholders when it blocked his attempt to double his stake in the U.S. bookstore chain.

Billionaire hedge fund investor John Paulson and other investors are bidding on land they will sell to lot-strapped homebuilders even as the housing market remains uncertain, according to sources familiar with the matter.

When Matt Prendergast was laid off in 2008 after Bear Stearns collapsed, he expected to find a new job right away. With more than 20 years' experience as an investment banker, he thought he was sitting pretty.

Private equity giant Blackstone Group posted better-than-expected earnings on Thursday, driven by increased performance fees and improved valuations of its portfolios.

From moviemaking to architecture, the shamed and banished CEOs of the 2008 credit crisis have opted for some unusual career paths, either by choice or necessity.

Private equity giant Blackstone Group on Thursday said earnings rose sharply from a year ago, beating analysts' estimates, driven by increased performance fees and improved valuations of its portfolios.

Unlike many corporate chiefs, Warren Buffett often plays down the prospects of his company Berkshire Hathaway Inc , while trying to keep investors focused on the long term.

Will India do it again? That is the question being asked by investors and bullion market analysts now. After India's surprise buying of 200 tonnes of IMF gold in November last year, now several news agency reports said that India is another potential candidate to buy more gold from the International Monetary Fund when it begins selling 191.3 tonnes of the precious metal.

Switzerland said it would no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues.

General Growth Properties Inc unveiled a bankruptcy exit plan bankrolled by Brookfield Asset Management that would split it in two.

The Carlyle Group aims to invest most of its Asia-focused funds on deals in China.

The number of affluent investors worrying about jobs and the political environment rose in February as bipartisan cooperation remains elusive in Washington and the economy struggles with high unemployment.

Citigroup Inc is in advanced talks to sell its $4 billion hedge fund business to SkyBridge Capital LLC, a New York firm that invests in start-up fund managers.

Reports that French oil giant Total is ready to invest $20 billion in Nigerian oil and gas development spread through energy markets in an unlikely bit of positive news for the beleaguered African producer. Total, Europe's third-largest oil company and largest refiner, has its hands full trying to resolve a strike that has paralyzed its refining capacity in France and dampened global oil prices.

Private equity firm Blackstone Group LP will cut the $20 billion debt load of its hotel chain, Hilton Worldwide Inc, by almost $4 billion in a restructuring, according to court documents.

The Obama administration said on Tuesday it is still committed to the Volcker rule to ban risky trading by banks, although Congress looks increasingly unlikely to adopt the rule as proposed.

A number of private equity firms put in second round bids for Dow Chemical's Styron unit a week ago, including buyout firms TPG and Apollo.

U.S. businesses continued to postpone financing new investments in their operations in January, but delinquencies among existing borrowers stabilized and outright defaults fell.

Auto parts maker Federal-Mogul Corp (FDML.O) reported a better-than-expected quarterly profit on Tuesday, compared with a year-earlier loss, driven by aggressive cost-cutting and improving global auto production.

British private equity firm 3i Group agreed to sell Ambea to rival buyout firm Triton for 850 million euros ($1.16 billion)