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Hedge Fund Trio To Share $500m Pay Out

Hedge Fund

The Times reports that the three principals of hedge fund GLG Partners, Noam Gottesman, Pierre Lagrange and Emmanuel Roman, are to bag a $500m windfall following the sale of their firm to Man Group.

Top Bank Staff Said In Drug Ring Probe

Say No To Drugs

The Herald Sun reports that up to 14 former staff over at Australia and New Zealand Banking Group (ANZ) are under investigation for involvement in a narcotics syndicate which was allegedly based in the bank's debt-collection department.