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Wall Street Week Ahead: Investors look for signs in the rally's break

NEW YORK - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. | Video

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Families edging out private equity in consumer deals

LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.

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China denounces EU airline carbon law, seeks talks

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Starwood-led team likely Corus asset winner: source

NEW YORK | Fri Oct 2, 2009 5:30pm EDT

NEW YORK (Reuters) - A consortium led by Starwood Capital Group, which includes private equity firm TPG TPG.UL, is the likely winner of the auction for assets of failed Corus Bank, a source familiar with the situation said on Friday.

The auction is being run by the Federal Deposit Insurance Corp (FDIC). The consortium is made up of Starwood and TPG, who would have significant equity stakes, with billionaire investor Wilbur Ross and Perry Capital having smaller stakes, the source said.

(Reporting by Megan Davies)
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