Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
Tags: SAC Capital Advisors
Bermuda's Hamilton Insurance Group Ltd names Weill as Chairman
Former Citigroup Inc head Sanford "Sandy" Weill was appointed as the Chairman of the Board of the reinsurance company Hamilton Insurance Group Ltd, Bloomberg reported.
SAC Capital Advisors to give guilty plea, pay USD 1.8 billion fine for securities fraud- report
A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.
SAC Capital to sell reinsurance business - sources
SAC Capital Advisors, led by billionaire Steve A. Cohen, had been in discussion with potential buyers to sell its reinsurance business, according to sources.
Taiwanese banks not the promised venues for foreign investors
Taiwan's banks have become minefields for private equity companies. The banks of Taiwan, once seen as avenues to inroads towards China, have increasingly become minefields for private equity firms.
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SAC probe led the arrest of Sandeep Aggarwal yesterday, after having been charged to illegally provide tips to former hedge fund manager, Richard Lee.
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
Billionaire Steven Cohen's hedge fund pleaded not guilty to five separate criminal charges in federal court.
SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.
Z Capital acquires minority ownership of Neways. Z Capital Partners, L. L. C. announced that they have acquired the minority ownership of Neways Enterprises.
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.
Amidst its insider trading investigation, SAC Hong Kong has lost five staff members and moved three others to other SAC offices.
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