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PPI costs hit Santander profits

Banking group Santander sets aside 620m euros (£548m) to cover the costs of mis-selling payment protection insurance (PPI) in the UK.

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SAC Soars In First Half

SAC Capital Advisors has avoided the pitfalls that have found a great many of its peers this year.read more...

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Millennium May Sell Stake To Private Equity Firm

Millennium Management is poised to sell a minority stake to a private equity firm led by the former head of Citigroup's hedge fund unit.read more...

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CFTC Fines Hedgie $1M For Metals Market Manipulation

The U.S. Commodity Futures Trading Commission has slapped hedge fund manager Christopher Pia with a $1 million penalty for attempting to manipulate the metals market.read more...

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PE Investors Donât Like Fees But Will Pay For Top Talent

Private equity investors are not happy with the fees charged by funds but are willing to pay for access to top managers, according to recent research from Preqin.read more...

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Paul Capital Buys Into Cognis PE Portfolio

Secondary private equity firm Paul Capital has paid €70 million for an interest in a portfolio of p.e. assets managed by London-based Cognis Capital.read more...

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Swiss HedgePole Launches UCITS Indices

Switzerland's HedgePole, a hedge fund service provider, has launched two UCITS indices—one focused on global macro strategies, the other on managed futures/CTAs.read more...

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Soros To Retire, Turn Hedge Fund Into Family Office

Soros Fund Management, one of the oldest, largest and most successful hedge funds in history, will return outside money to investors and become a family office.read more...

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Telegraph: Hedge funds wade in to US debt debate: Hedge fund billionaire Dan...

Telegraph: Hedge funds wade in to US debt debate: Hedge fund billionaire Dan Loeb has joined the ranks ... http://bit.ly/oYgjaa #economy

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Hedge funds do care. Last week, Hedge Funds Care UK raised...

Hedge funds do care. Last week, Hedge Funds Care UK raised £17,500 at its third sold-out event in a row - http://t.co/M4h5k5D

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Aussie Fraudster Faces Jailtime After Fraud Conviction: An Australian hedge...

Aussie Fraudster Faces Jailtime After Fraud Conviction: An Australian hedge fund manager has been convicted of f... http://bit.ly/o4snPZ

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FINalternatives News Aussie Fraudster Faces Jailtime After Fraud Conviction:...

FINalternatives News Aussie Fraudster Faces Jailtime After Fraud Conviction: An Australian hedge fund manager ha... http://bit.ly/pLAYZt

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Groups not being screwed by Obama/Boehner/Reid: PhRMA, Insurers, Oil...

Groups not being screwed by Obama/Boehner/Reid: PhRMA, Insurers, Oil Companies, Telecom, Hedge Fund Managers

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John Paulsonâs hedge fund sheds $19.3M of Bethesda, Md.-based American...

John Paulson’s hedge fund sheds $19.3M of Bethesda, Md.-based American Capital $ACAS: http://t.co/QBH0Q0f

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Soros to Quit Hedge Fund and Return Cash to Investors http://t.co/mPmBS5Z

Soros to Quit Hedge Fund and Return Cash to Investors http://t.co/mPmBS5Z

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Soros ends hedge fund career http://flne.ws/26917653 on Fluent News

Soros ends hedge fund career http://flne.ws/26917653 on Fluent News

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Kimber intercepts 10 metres of 11g/t gold below Carmen gold-silver deposit,...

VANCOUVER, July 27, 2011 /PRNewswire/ - Kimber Resources Inc. (NYSE Amex:KBX) (TSX:KBR) is pleased to announce the results of eight new drill holes from its ongoing drill program at the Carmen deposit...

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Texas Allstate Agency Owners Aim to Hire 350 Sales Professionals by Year End

IRVING, Texas, July 27, 2011 /PRNewswire/ -- Allstate Insurance agency owners across Texas are planning to hire at least 350 licensed sales professionals by the end of the year. Licensed sales...

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Duff & Phelps Global Utility Income Fund Inc. Raises $735 Million in IPO;...

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Gnarus Advisors LLC Opens Chicago Office

ARLINGTON, Va., July 27, 2011 /PRNewswire/ -- Gnarus Advisors LLC (Gnarus), a leading consulting firm specializing in expert analysis, litigation testimony and business advisory, announced today that...

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