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Hedge fund firm poaches another SocGen exec

Hedge Fund

Common Sense Investment Management has poached another Société Générale (Euronext Paris: GLE-FR) executive as it continues to rebuild after the arrest of its founder in a prostitution sting and the loss of most of its clients.

BofA seeks 'Hustle' re-trial

Bank Of America Corner Signs

Bank of America on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27bn penalty.