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Hedge fund to return $2bn amid volatility

Hedge Fund

Hedge fund Coatue Management plans to return more than $2 billion in capital to investors in its flagship fund on June 30 after extreme volatility in technology stocks led to a 9 percent loss in March.

SEC 'too tentative' over Wall Street

SEC Building

A trial attorney from the Securities and Exchange Commission said his bosses were too 'tentative and fearful' to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics.

Goldman boss warns of consequences of UK leaving EU

European Flag

From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs, has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.



Lanes Merge Road Sign

'Shotgun weddings' in energy may boost M&A in 2016

Dealmaking in 2016 could surpass this year's record-breaking levels as acquisitions of distressed assets and companies accelerate, particularly in the energy sector, Robert Profusek, partner and chair of the global mergers and acquisitions practice at international law firm Jones Day, said Thursday.