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Deutsche said to have small Trump problem

Donald Trump Points

A small detail in Deutsche Bank's loans to Donald Trump’s real-estate business has turned into a headache at the bank, as its effort has stalled to restructure part of the $300 million or so in debt.

Traders used poker games and food menus to cover up illegal trades

Poker Dice

Over the course of a few evenings in 2013, the heads of trading from major investment banks got together for some poker nights. It was a bit of relaxation from their hectic schedules. But what their seemingly-innocent hands of Texas Hold'em revealed was a story of traders gone rogue.



New hedge fund delivering out-sized returns

Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by snapping up distressed and shunned oil-related assets. And they say it’s a bet that has plenty of room to run.

Citi Building Canary Wharf

Citi said plans to sub-lease London offices

Citigroup plans to sublease office space equivalent in size to three soccer fields at the 25 Canada Square tower in London’s Canary Wharf financial district, according to two people with knowledge of the plan.


Wall Street

Once golden, Robert Rubin's hedge fund proteges lose some luster

Learning to invest on Goldman Sachs' risk arbitrage desk, made famous by leader Robert Rubin, was once seen as a fast track to fortune. But the band of hedge fund protégés who mastered their trade under the former Wall Street star and U.S. Treasury Secretary have stumbled in recent years.