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Barclays IPRS sale could reach $400m

For Sale

Barclays has launched a long-anticipated sale process for its Index, Portfolio and Risk Solutions (IPRS) business, which could yield around $400m for the UK bank, according to people familiar with the matter.

Deutsche Bank conducts own probe into gold 'fix'

Deutsche Bank - Foyer Bridge

Deutsche Bank is conducting its own investigation into trading around the setting of London's daily gold price benchmark, in addition to one being carried out by Germany's financial watchdog, sources close to the matter told Reuters.



Hedge Fund

Ex-Goldman trader reopens hedge fund

Guard Capital Management, the firm led by former Goldman Sachs trader Leland Lim, reopened its macro hedge fund to new investors this month after outperforming peers in 2015, said a person with knowledge of the matter.