Citigroup plans to raise more than $3bn for its private-equity and hedge funds, even as US lawmakers consider banning banks from owning and investing in so-called alternative funds, people with direct knowledge of the plan said.
Citigroup looking past Volcker may seek $3bn for funds
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Pending home sales post a modest gain in March: NAR
Pending home sales increased by 3.4% from February to March despite rising mortgage rates, the National Association of Realtors reported.
