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Odey Asset Management said that the executive committee of the firm is 'independent of Crispin Odey' and that it is treating all allegations 'extremely seriously'

Hedge Funds

Hedge Funds Correspondent

Morgan Stanley has become the first major bank to cut ties with hedge fund millionaire Crispin Odey amid multiple sexual assault allegations.

The bank has already started the process of terminating its relationship with Crispin Odey's multi-billion dollar hedge fund, Odey Asset Management, a source familiar with the matter told 

Morgan Stanley severs ties with Crispin Odey amid sexual assault allegations

Bilal Jafar

Morgan Stanley

JPMorgan

Goldman Sachs

JP Morgan & Chase

Finance

Ex-Citi banker takes over HSBC’s innovation unit

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Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

https://images.fnlondon.com/im-38645354?size=1.5

CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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