Lemssouguer’s Hedge Fund Drops 6.6% in March on Credit Bets
Former Credit Suisse trader Hamza Lemssouguer’s hedge fund suffered its second-biggest monthly loss in March as some of his credit bets soured.
Former Credit Suisse trader Hamza Lemssouguer’s hedge fund suffered its second-biggest monthly loss in March as some of his credit bets soured.
The owner of FC Internazionale Milano SpA has been in discussions with Oaktree Capital Management and Pacific Investment Management Co. to refinance a loan coming due in May, according to people familiar with the matter.
The UK economy’s recovery from recession unexpectedly gathered pace at the start of the second quarter as private-sector firms reported the strongest growth in almost a year.
Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week.
Indivior Plc has confirmed plans to switch its primary listing to New York this summer, and will ask shareholders to approve the decision next month.
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