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The Hedge Fund Standards Board called in Amelia Fawcett, Guy Hands turned on his larger rivals and Bob Diamond took to the courts to try to ensure that Barclays did not have to pick up a $2bn tab for bonuses allegedly owed to former Lehman Brothers’ employees. Here are some of the people in the news this week...

Celebrities and royalty at Ark's gala dinner

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Last night the children’s charity Absolute Return for Kids - Ark - celebrated its tenth anniversary with a charity dinner in Kensington Palace Gardens. The event - which raised £17.2m - was attended by Their Royal Highnesses The Duke and Duchess of Cambridge and more than 1,000 guests.

Rising oil prices, weak economic data and sovereign worries have pushed back the debt-equity clock, which is bad news for shareholders, says ING Investment Management

Investors reward Iceland's steady progress

A warm reception in a cold climate for sovereign debt: Iceland's first international bond offering since its spectacular economic and banking collapse late in 2008 has been snapped up by investors

The chief investment officer of a major Russian asset manager this morning called for the US to 'strike back' and lead major economies out of recession in a wide ranging note which damns 'hostile' immigration officers and embassies that resemble 'the Death Star from Star Wars'

Could Geithner be right on UK's 'light touch' regulation?

Comment: The UK's corporate governance regime has been lauded overseas, but events this week show that a 'comply or explain' regime leaves a power vacuum

A-listers gather to celebrate Ark milestone

The cream of the hedge fund industry gathered last night with royalty, rock stars and a host of celebrities to help children's charity Absolute Return for Kids celebrate its tenth anniversary

Pension Regulator settles for just £60k with textiles firm

The watchdog says the low settlement, which is just a hundredth of what it wanted, is a one-off and will not affect its pursuit of other pensions delinquents

Royal Mail pensions sell-off set to go ahead

Privatisation of UK state postal operator implies sale of £26bn asset portfolio, and a business loss for its fund managers

Investment bankers of the week: George Maddison and Angus Kerr, Credit Suisse

The launch of a £1bn investment fund set to list on the LSE before the end of the month, and the complete restructure of another vehicle linked to it, spelt the end of a busy month for a team of Credit Suisse bankers

JP Morgan begins hunt for new tenants for City of London headquarters

US investment bank appoints property consultants to sublet its existing London offices as it prepares relocation to former Lehman Brothers building in Canary Wharf

Gloomy year in store for US fund managers

JP Morgan equity analysts have taken a dim view of Janus Capital and Federated Investors, as the outlook weakens for US fund managers

The French mid-market private equity firm spent 18 months fundraising but still failed to hit its €700m target, in stark contrast to the successful performance of its peers

Fund sales at PE firm raises analyst concerns

UK listed firm LMS Capital has decreased its fund commitments by almost a third in six months, but analysts are worried about the speed of the sale

Protests over Blackstone's ownership of Southern Cross have not deterred UK-based HgCapital from announcing a residential care deal

https://www.wsj.com/?type=allesseh_content_full_list

People in the news this week

Celebrities and royalty at Ark's gala dinner

Sun Life sticks to the status quo on MFS

Sovereign shocks set the clock back