As discontent grows inside Lehman Brothers over the firm's financial problems, pressure is building on Chief Executive Officer Richard Fuld to sell the securities firm to a bigger player, CNBC has learned.

When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.

Private equity firms are hiring more staff in emerging markets to keep up with faster growth opportunities in Asia and Eastern Europe.

Citigroup, the largest U.S. bank, is close to selling about $12 billion of leveraged loans and bonds to a group of private equity firms, people familiar with the situation said on Tuesday.

SPACs are the newest investment vehicle attracting money. Are they also the next one to go bad?

A Hong Kong-based unit of China's State Administration of Foreign Exchange (SAFE) has bought small stakes in three Australian banks, the Financial Times reported on Friday.

Mortgage and vehicle fleet company PHH said on Tuesday it terminated its nearly $2 billion sale to General Electric and Blackstone, after the private equity firm failed to obtain required financing for the deal.