Reuters - Citigroup Inc , the largest U.S. bank by assets, plans to close a $400 million convertible arbitrage fund in a final move to shut down its Tribeca Global Investments hedge fund, Bloomberg News reported on Monday, citing people familiar with the plans.

Reuters - Former Bear Stearns Chief Executive James Cayne came close to dying last September from sepsis triggered by a severe prostate infection, Fortune Magazine reports on Monday on its website.

Reuters - Chrysler LLC's finance arm said on Sunday it had renewed its credit facilities, but had reduced the amount to $24 billion from $30 billion due to tough credit markets and changes in its retail strategy.

AFP - Spain's economy is in a worse state than the government had predicted but is still unlikely to slip into a recession, Economy Minister Pedro Solbes said in an interview published Sunday.

Reuters - The U.S. Federal Reserve is expected to hold interest rates steady on Tuesday, acknowledging financial conditions remain strained, but making clear it is still worried about inflation despite a recent pullback in energy prices.

Reuters - Analysts at Standard & Poor's Rating Services warned against mortgage-related debt products in internal e-mails that, in one case, called the complex financial deals "ridiculous," the Wall Street Journal reported in its weekend edition.

Reuters - Olympic sponsors are launching possibly the largest advertising and marketing campaign ever, aiming to etch their brands in the minds of a new generation of Chinese consumers for far beyond the upcoming Games.

Reuters - Verizon Communications Inc and two big unions kept talking after a labor contract covering 65,000 workers expired on Saturday and the unions said they made progress toward a deal, averting a strike threat.

Reuters - U.S. insurer Allstate Corp is expected to submit a bid for Royal Bank of Scotland's insurance arm, but the offer could be below what the bank expects, the Financial Times website reported on Friday.

Reuters - Wall Street could be in for more volatility next week as investors brace for a new batch of key earnings reports and the U.S. Federal Reserve's assessment of the economy.

Reuters - New York Attorney General Andrew Cuomo plans to imminently charge Citigroup Inc , accusing it of fraudulently marketing and selling auction-rate securities, and destroying documents that had been subpoenaed.

Reuters - Yahoo Inc's board of directors won strong backing from shareholders at its annual meeting on Friday, with Jerry Yang, the company's embattled CEO, receiving 85 percent of the vote in his favor.