UPDATE 1-Billionaire Blavatnik takes passive stake in Dorsey's Square

Nov 25 Billionaire investor Leonard Blavatnik disclosed a 11.4 percent passive stake in mobile payments company Square Inc, which went public earlier this month.

BTG Pactual had redemptions following CEO arrest, source says

SAO PAULO, Nov 25 Clients withdrew funds equivalent to less than 1 percent of assets under management at Grupo BTG Pactual SA following the arrest of the investment bank's top executive on Wednesday, an amount smaller than initially thought, according to a source with knowledge of the bank's strategy.

Brazil's BTG Pactual to buy back 10 pct of outstanding shares

SAO PAULO, Nov 25 Grupo BTG Pactual SA, whose chief executive was arrested on Wednesday under a sweeping corruption probe in Brazil, plans to buy back up to 10 percent of its outstanding shares in a repurchase plan over the next 18 months.

Regulatory News 12:30am IST

Detroit to sell bonds next week for new water authority

CHICAGO, Nov 25 Detroit next week will sell $284.6 million of water and sewer revenue refunding bonds that will eventually be transferred from the city to a new Great Lakes Water Authority.

12:26am IST

CIFC pulls trigger on secondary CLO strategy amid wider spreads

NEW YORK, Nov 25 (IFR) - Top loan investor CIFC Asset Management is rushing to raise new money to buy repackaged leveraged loan deals, sensing an opportunity for outsized returns as market volatility pushes spreads wider.

Private Capital 25 Nov 2015

U.S. 7-year note supply fetches solid demand

NEW YORK, Nov 25 U.S. Treasury Department on Wednesday sold $29 billion in seven-year notes to solid demand at a yield of 2.013 percent, the highest since July but below what traders had expected, Treasury data showed.

25 Nov 2015

TREASURIES-U.S. bond prices firm before 7-year auction

* U.S. bond market to close Thursday for Thanksgiving (Updates market action, adds quote)

25 Nov 2015

U.S. Treasury to sell $54 bln in bills next week

WASHINGTON, Nov 25 For details of the U.S. Treasury's auction of 3-month and 6-month bills next week, see:

25 Nov 2015

Vodafone snubs investor demands, pulls bond instead

NEW YORK, Nov 25 (IFR) - Vodafone fell victim to the picky corporate bond market this week, opting to pull its deal rather than relent to investor demands for chunkier spreads and greater risk protection.

Regulatory News 25 Nov 2015

BUZZ-Shire: shares slip as Baxalta deal chatter resurfaces

** Drugmaker preparing to make a new takeover offer for US biotech firm Baxalta, a source tells Reuters

Regulatory News 25 Nov 2015