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'Perfect storm' benefits these hedge funders

Hedge Fund

Hedge funds that bet on broad macroeconomic trends have bled money all year waiting for their investment ideas to hit. Some of their biggest wagers-from rising interest rates to a stronger U.S. dollar to more volatile markets-finally paid off in September, helping reverse an otherwise miserable 2014.

Deutsche Bank bolsters compliance

Deutsche Bank - Foyer Bridge

Deutsche Bank the German bank that has pledged to improve controls after criticism from regulators, hired Elizabeth J. Ford from Goldman Sachs Group Inc. as head of compliance for the Americas.

Goldman ordered to pay legal fees to Libyan fund

Money On Hook

A judge at a U.K. high court has ordered Goldman Sachs to pay the legal costs of the Libyan sovereign wealth fund, after the U.S. investment bank tried to have a $1 billion lawsuit filed by the fund in January dismissed.