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Hedge fund bets on Manchester Utd misfortunes

Old Trafford

English soccer club Manchester United may have broken its losing streak with a win against Shakhtar Donetsk this week, but speculation over manager David Moyes' team isn't over - and not just on the pitch.

Asia-Pacific beats Europe in M&A space

Europe On The Globe

The Asia-Pacific region has overtaken Europe when it comes to mergers and acquisition, taking second place this year to North America in a study of M&A activity around the world.



RBS building

RBS exec said told client about Libor support in 2007

A Royal Bank of Scotland executive told a hedge fund client as early as August 2007 that banks were setting Libor rates to support their own trading, according to evidence from a U.K. lawsuit alleging that RBS’s misconduct has yet to be fully exposed.

Gavel Jason Morrison

Rabobank traders convicted of rate rigging

A New York jury convicted two ex-Rabobank Groep traders of rigging a key financial benchmark in the first such trial since the government pledged in September to hold bankers accountable for wrongdoing.