Financial Markets
9 hours ago
Settlement talks between Steve Cohen's hedge fund SAC Capital and the government have broken down, according to sources.
Financial Markets
1 day ago
SAC Capital Advisors, Steven Cohen’s $15bn hedge-fund firm, told investors it’s no longer cooperating unconditionally with the U.S. government’s insider-trading investigation.
Financial Markets
4 days ago
By day he is a hedge fund tycoon and generous philanthropist, but by night self-made millionaire Talal Shakerchi is a regular addition at some of the biggest poker games in Europe.
Financial Markets
6 days ago
A group of burned investors wants Steve Cohen’s SAC Capital to fork over nearly $1bn - cash the hedge-fund giant earned by trading on alleged inside information of drug company Elan Corp.
Financial Markets
1 week ago
When he starting out as a hedge fund manager in the 1990s, Dan Loeb used the nickname Mr Pink while visiting investor chat rooms.
Industry & Commerce
by The Guardian (RSS feed) - 1 week ago
Sony, the Japanese electronics and entertainment giant, is facing an audacious breakup attempt in a battle that could rock the staid Japanese corporate world.
Financial Markets
1 week ago
Level Global Investors co-founder Anthony Chiasson was sentenced to 6 1/2 years in prison for using illegal tips funneled to him from analysts and company insiders to make $68 million for his hedge fund.
Financial Markets
1 week ago
Billionaire John Paulson, who last year acquired the largest residential property in Aspen, Colorado, is selling his smaller, 13,000-square-foot home there.
Financial Markets
1 week ago
For a pair of former Citigroup hedge-fund managers, Napier Park Global Capital may turn into a multimillion-dollar payday thanks to the Volcker rule.
Financial Markets
2 weeks ago
A once high-flying hedge fund billionaire, who made a fortune betting against the housing market, has agreed to an $18m settlement with US regulators that will effectively bar him from the financial services industry.