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Man Sells Interest In BlueCrest

Man Group plc ("Man") has agreed to sell its c.25% interest in BlueCrest to BlueCrest for $633m. Man’s investment in BlueCrest dates from 2003, and will generate a pre-tax profit on disposal of around $250 million.

The $20bn Man

60 Million Man

JPMorgan Chase is extending its biggest ever loan - $20bn - to provide AT&T with bridging financing for its $39bn deal to acquire Deutsche Telecom's T-Mobile US business.

Goldman Memo Prompts Speculation Of Leadership Succession

Goldman Crowned

Staff over at Goldman Sachs are said to have received a memo Monday, advising them that Michael Sherwood, the firm's London-based vice chair, is to succeed President Gary Cohn as head of the influential partnership committee, which oversees the selection of new Goldman partners every two years.