Hedge Funds & Alternative Investments
Legal
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French bank sued over Gulf tycoon’s signature
A pair of aggressive American hedge funds is suing the French bank BNP Paribas, alleging that it botched a $650m (£531m) Islamic bond backed by a controversial Gulf tycoon. Fortress Investment Group and Cyrus Capital Partners have filed a High Court claim over a Sharia-compliant bond arranged by BNP Paribas…
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Click here to read the full story: The Times