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People News: Goldman, Morgan Stanley, RBS.

For Hire

Barrick Gold has appointed former Goldman Sachs Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world’s largest miner of the precious metal.

Paulson makes another $1bn

John Paulson

John Paulson’s hedge funds made almost $1bn on his investment in OneWest Bank, which is being purchased by CIT Group for $3.4bn in cash and stock.

Hedge funds see their returns halving in 2014

Hedge Fund

Hedge fund managers are expecting to deliver less than half of the returns for their investors in 2014 that they saw last year, as fears of a correction in stock markets mount, amid record high equity valuations.

Billionaire John Paulson nets huge windfall

John Paulson

Billionaire investor John Paulson correctly anticipated merger activity in the energy sector, making him one of the big winners of Whiting Petroleum's purchase of Kodiak Oil & Gas.

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