Bloomberg Citigroup Inc faces losses of as much as $180 million on loans made to an Asian hedge fund whose foreign-exchange wagers went awry, prompting board-level discussions and a business shakeup, according to a person briefed on the matter. The hedge fund, managed by a unit of GF Holdings (Hong Kong) Corp, and Citigroup are in discussions on the positions ...

Bloomberg For all the hand wringing over the end of ultra-loose monetary policy, the world just doesn’t seem able to shake its addiction to negative-yielding debt. Only two months ago, speculation was rife that the Bank of Japan would have to step in to stop yields from rising. Now, rates on benchmark bonds are poised to drop back below zero. ...

Bloomberg United Continental Holdings Inc. agreed to acquire a stake in ExpressJet Airlines, one of its regional affiliates, in a $70 million deal that will give the No. 3 US carrier more control over short-distance flying and a fleet of about 150 small jets. By gaining sway over more United Express service, the purchase furthers United’s plan to bolster service ...