HONG KONG, Nov 22- Chinese conglomerate HNA Group has turned to state-owned China Cinda Asset Management Co, among the country's largest bad debt managers, for advice on asset disposals, people with knowledge of the matter told Reuters. HNA Group's vice president, Dennis Chen, the nephew of its chairman Chen Feng, met with Cinda President Chen Xiaozhou on Tuesday...
Nov 15- Detour Gold Corp said on Thursday it agreed to name two of investor Paulson& Co's nominees to its board as it looks to end a proxy fight with the hedge fund that had called for a complete overhaul of the board. Billionaire John Paulson, the hedge fund's manager, said the company had failed to recruit and oversee a management team capable of operating its main...
*British Prime Minister Theresa May won the backing of her senior ministers for a draft European Union divorce deal on Wednesday, freeing her to tackle the much more perilous struggle of getting parliament to approve the agreement. *Italy re-submitted its draft 2019 budget to the European Commission with the same growth and deficit assumptions as a draft...
NEW YORK, Nov 14- Paulson& Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp remained unexposed to the metal. Paulson left its interest in SPDR Gold Trust unchanged at 4.3 million shares for the third quarter,...
Many of the biggest winners on Wall Street who made billions during the financial crisis have suffered in the last decade.
Steinway Musical Instruments has attracted takeover interest from China Poly Group, Bloomberg reported on Monday citing sources.
The Wall Street Journal reports that John Paulson owes $1 billion in taxes, one of the biggest tax bills ever.
John Paulson, a onetime leader in the hedge-fund industry, owes about $1 billion in federal and state taxes this year: WSJ.
The New York Post says Paulson & Co. laid off employees, including senior executives.
New York-based hedge fund Paulson & Co. on Monday reported a 6.3 percent stake in embattled Canadian drugmaker Valeant Pharmaceuticals.
Hedge fund billionaire John Paulson has joined the board of Valeant Pharmaceuticals.
Senior executives are said to be exiting hedge fund Paulson & Co as some portfolios suffer losses and assets dip.
Charles Murphy's Fairfield Greenwich fund had invested $7 billion with Madoff before it became known that Madoff was running a Ponzi scheme.
Soros Fund Management got out of gold in the fourth quarter of 2016 while Paulson & Co. reduced its stake in SPDR Gold Trust.
Hedge fund billionaire John Paulson has increased his long stock holdings after Donald Trump's election win.
The hedge fund manager echoed many in the business community who are optimistic about the Trump administration's policies.
Goldman Sachs trader and bank chief executive, Steven Mnuchin has long been a member of the financial elite, the NYT reports.
Hedge fund billionaire David Tepper tells CNBC that a "fairly bad choice" of presidential candidates is "affecting things."
Democratic presidential contender Hillary Clinton remains by far the favored candidate among hedge-fund managers.