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Thursday Headlines: Apollo mulls stake in First Boston’s leveraged-finance business
By Matt Stichnoth,
Bloomberg: Apollo Mulls $750 Million First Boston Leveraged-Finance Bet
Wall Street Journal: White House Considers Two Economists for Fed Vice Chair
Financial Times: Majority of Federal Reserve officials backed quarter-point rate rise in February
Bloomberg: Wells Fargo Cuts More Than 500 Mortgage Staff on Strategy Shift
Financial Times: ECB scraps dividend after rising interest rates wipe out profits