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SEC finds bogus fees at 200 private equity firms

SEC Building

A majority of private-equity firms inflate fees and expenses charged to companies in which they hold stakes, according to an internal review by the U.S. Securities and Exchange Commission, raising the prospect of a wave of sanctions by the agency.



Pep Guardiola

The debate: Is Pep Guardiola overrated?

Despite leading Barcelona to two Champions League trophies over Manchester United, not everybody will be convinced about Pep Guardiola until he proves himself at Bayern Munich next season. Thomas Williamson takes a look.