Updated throughout the day.
BP plc (NYSE: BP) may keep its dividend low (WSJ)
Chinese PE firm Hopu Investment Management will begin to shut down operations. (FT)
Citigroup may be looking for a buyer to take its $500 million private equity portfolio of investments. Citi made the investments with CVC Partners (FT)
First New York Securities, a proprietary trading firm that manages about $350 million, plans to start its first hedge fund (Bloomberg)
Douglas A. McIntyre
