NEW YORK, July 6 (Reuters) – Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) is finding
its consumer finance unit, OneMain Financial, to be a tough
sell.

In recent days, Moody’s Investors Service gave OneMain a
lower preliminary credit rating than what the U.S. bank had
been expecting, making it more expensive to finance a deal,
according to a source familiar with the situation on
Wednesday.

NEW YORK, June 27 (Reuters) – Bank of Montreal’s (BMO.TO: Quote, Profile, Research, Stock Buzz)
BMO Capital Markets, fresh from a two-year hiring spree, is
further staffing up its U.S. investment bank to take advantage
of a surging market for merger advisory.

The bank is planning to hire investment bankers in the
United States for its financial services, real estate and
technology teams this year, Perry Hoffmeister, head of U.S.
investment and corporate banking, told Reuters in an interview
on Friday.

NEW YORK, June 25 (Reuters) – The Lulz Security group of
rogue hackers announced it was disbanding on Saturday with one
last data dump, which included internal AOL Inc (AOL.N: Quote, Profile, Research, Stock Buzz) and
AT&T (T.N: Quote, Profile, Research, Stock Buzz) documents.

LulzSec, which gained wide recognition for breaching the
websites of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz), the CIA and a British police
unit among other targets, said in a statement that it had
accomplished its mission to disrupt corporate and government
bodies for entertainment.

NEW YORK, June 23 (Reuters) – It seems the blows just keep
coming for UBS AG (UBSN.VX: Quote, Profile, Research, Stock Buzz).

Hurting after a series of high-profile defections, the
Swiss bank has dropped out of the top 10 in the rankings of
deal advisers, according to Thomson Reuters data through June
21.

NEW YORK, June 20 (Reuters) – Herb Lurie, a veteran
financial services banker who left Wall Street nine years ago
to pursue interests such as psychology and learning how to fly
a helicopter, has returned to the deal world to help build
Guggenheim Partners business.

Lurie, who helped found the financial services group at
Merrill Lynch in the 1980s, joined Guggenheim as a senior
managing director, sources with direct knowledge of the move
said on Monday.

NEW YORK, June 19 (Reuters) – PNC Financial Services Group
Inc (PNC.N: Quote, Profile, Research, Stock Buzz) agreed on Sunday to buy Royal Bank of Canada’s
(RY.TO: Quote, Profile, Research, Stock Buzz) U.S. retail bank operations for $3.45 billion, helping
it expand in markets in the U.S. Southeast, two people familiar
with the matter said on Sunday.

The deal helps RBC offload a business it has struggled to
make profitable and sees the largest Canadian bank by assets
retreat from the U.S. retail banking market even as some of its
national rivals are expanding in this country.

NEW YORK (Reuters) – PNC Financial Services Group Inc has agreed to buy Royal Bank of Canada’s U.S. retail bank operations for $3.45 billion in cash and stock, two people familiar with the matter said on Sunday.

For the stock component of the deal, PNC has the option to deliver up to $1 billion in stock, one of the sources said.

NEW YORK, June 19 (Reuters) – PNC Financial Services Group
Inc (PNC.N: Quote, Profile, Research, Stock Buzz) has agreed to buy Royal Bank of Canada’s (RY.TO: Quote, Profile, Research, Stock Buzz)
U.S. retail bank operations for $3.45 billion in cash and
stock, two people familiar with the matter said on Sunday.

For the stock component of the deal, PNC has the option to
deliver up to $1 billion in stock, one of the sources said.

NEW YORK (Reuters) – Private equity firm Carlyle Group [CYL.UL] is expected to pick JPMorgan Chase & Co Citigroup Inc and Credit Suisse Group Ltd to lead its initial public offering, two sources familiar with the process said on Friday.

Private equity firms are major clients for Wall Street banks, paying them millions of dollars in fees for underwriting IPOs of their portfolio companies and in securing financing for leveraged buyout deals.

NEW YORK (Reuters) – Private equity firm Carlyle Group CYL.UL is expected to pick JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) and Credit Suisse Group Ltd (CSGN.VX: Quote, Profile, Research, Stock Buzz) to lead its initial public offering, two sources familiar with the process said on Friday.

Private equity firms are major clients for Wall Street banks, paying them millions of dollars in fees for underwriting IPOs of their portfolio companies and in securing financing for leveraged buyout deals.