Portfolio news from FierceFinance

We've been talking a lot recently about how the power balance has shifted in favor of limited partners of alternative investment funds. Buffeted by big losses in 2008, they have been more demanding... Read more...

Is this a sure sign that the retail hedge fund movement is for real? We've been talking for years about how new products would make hedge fund investing possible for retail investors. It's really not... Read more...

Here's an arresting statement from a Portfolio article: "Goldman Sachs is no longer the Goldman Sachs of the financial world. JPMorgan Chase is." The essay is all about how in this new era, Goldman... Read more...

People are still buzzing about Merrill Lynch's massive $15 billion loss in December. John Thain has gone public saying Bank of America had knowledge of Merrill Lynch's situation, while Bank of... Read more...

Because Citi is so big, it got lucky. The government will shoulder the lion's share of losses stemming from its portfolio of toxic assets. But that raises an obvious question: What about other banks... Read more...

The news cycle has been exceedingly tough on Citi. Portfolio's pundit offers this: "I think it's time for Pandit to offer his resignation. The task facing Citigroup now is not to build a 'global... Read more...