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French bank finalises plan to dispose of troubled subsidiary
Plus, H2O gambles on the rouble’s return and new details in a scandal that rocked Japan Inc
Asset manager seeks to reassure investors that Russian currency will rebound
Scandal-hit French asset manager’s flagship fund falls after carrying 48% exposure to Russian rouble
Asset manager warns investors that estimated value of frozen funds has fallen as much as 44%
Group representing wealthy individuals and insurers will ask a French court to appoint an independent expert
Plus, a railway mega-deal veers off track, and China’s video game crackdown sends the country’s most valuable company on a quest for foreign deals
Auditor could not collect enough data on funds, all of which had exposure to Windhorst-linked securities
BaFin filed complaint over potential illegal banking activity by German financier
H2O Deep Value was set up after asset manager was forced to significantly write down more than €1bn in illiquid bonds
London-based asset manager says it hired adviser at the request of the UK regulator
French investment bank severs ties with London-based firm as part of strategic reset
Asset manager’s fate hangs in balance amid controversy over its links to German financier Lars Windhorst
French investment bank looks to sell majority stake in asset manager
Documents increase puzzle over asset manager’s illiquid bond deals
Luxury lingerie maker La Perla missed 7.25% annual interest payment in March
Move marks the highest-profile partner so far to cut ties with €22bn investment firm
€22bn investment firm has been under scrutiny over exposure to illiquid bonds linked to Lars Windhorst
Some of the small brokerages investment group traded its unwanted illiquid exposure with have ties to Lars Windhorst
Firm close to Lars Windhorst denies involvement in trades
Illiquid securities had caused the Natixis subsidiary’s funds to be suspended last month
Level of exposure to hard-to-sell investments was three times a regulatory cap
Intervention by French regulator caps a testing 12 months for London-based asset manager
Asset manager temporarily freezes funds the FT revealed had substantial exposure to illiquid bonds
Move follows parliamentary question lodged by former City minister Paul Myners
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