John Duffield News
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Bank of New York Mellon Corp. will pay $1.3 million to New York, Texas and Florida to resolve a probe into manipulative trading of auction-rate securities.
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John Duffield, founder of New Star Asset Management Holdings Inc., denied claims made by a former fund manager that he bullied his staff.
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Patrick Evershed, a former New Star Asset Management Holdings Inc. fund manager, was bullied by company founder John Duffield and called a “criminal” and a “moron,” Evershed’s lawyer said.
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JPMorgan Chase & Co. was sued by two investors who claim the bank was “at the very center” of Bernard Madoff’s Ponzi scheme.
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Patrick Evershed , a former New Star Asset Management Holdings Inc. fund manager, can proceed with a lawsuit over claims he was bullied by company founder John Duffield , a London court said.
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Patrick Odier, chairman of the Swiss Bankers Association, said an agreement between Switzerland and the U.S. to resolve a dispute over tax evasion by Americans with Swiss banks should be reached “as soon as possible”.
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Citigroup Inc. will pay $75 million to settle U.S. regulatory claims that it misled investors by failing to disclose billions of dollars in holdings tied to subprime mortgages while the housing crisis unfolded.
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AMR Corp. ’s American Airlines agreed to give evidence against other carriers and pay $5 million to a group of freight shippers to settle a New York class-action lawsuit over its role in a global price-fixing cartel.
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Henderson Group Plc climbed the most in nearly 18 months after agreeing to buy rival fund manager Gartmore Group Plc for 335.3 million pounds ($524 million) in an all-stock deal.
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Jupiter Investment Management Holdings Ltd. , the money manager run by Edward Bonham Carter , plans to raise more than 220 million pounds ($318 million) in an initial public offering.
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